Retirement plan

SHARIAN, INC. DEFINED BENEFIT PENSION PLAN

Name: SHARIAN, INC. - SHARIAN, INC. DEFINED BENEFIT PENSION PLAN (2019) Form 5500
Creator: SHARIAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHARIAN, INC. DEFINED BENEFIT PENSION PLAN, SHARIAN, INC.

SHARIAN, INC.EIN 58-0533809Plan #001PY 2019

368 W. PONCE DE LEON AVENUE - DECATUR, GA 30030404-373-2274sharian.comLinkedIn1-10 employeesretail

Other plans on this EIN

1 filing

#002Retirement-$1.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$662K

+13.8% from 2018

Total participants

-9.1% from 2018

Average account balance

No prior year

Annual return

14.72%

+18.36 pp from 2018

Benchmarks

See 991 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined benefit

Participants<25

Cohort991 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$116K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1600

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1H1I3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$83K

$16512 / participant

Other / not subdivided$83K100.0%

% of EOY assets

12.463%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$177,834-100.0%

$254,542-100.0%

Participation rate

0.0%

58.6%-58.6pp

39.5%-39.5pp

47.3%-47.3pp

Annual return

14.72%

10.65%+4.1pp

11.67%+3.0pp

12.16%+2.6pp

Employer contribution / active EE

$15,400

$33,520-54.1%

$28,376-45.7%

$44,747-65.6%

Participant deferral / active EE

$48-100.0%

$46-100.0%

$170-100.0%

Admin fee / account holder

$15,617-100.0%

$17,640-100.0%

SHARIAN, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHARIAN, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion