Retirement plan

LION PLUMBING SUPPLY, INC. PROFIT SHARING PLAN

Name: LION PLUMBING SUPPLY, INC. - LION PLUMBING SUPPLY, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: LION PLUMBING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LION PLUMBING SUPPLY, INC. PROFIT SHARING PLAN, LION PLUMBING SUPPLY, INC.

LION PLUMBING SUPPLY, INC.EIN 59-0793339Plan #001PY 2016

14350 NW 7TH AVE - MIAMI, FL 33168954-764-4882thekbdesignstudio.comLinkedIn11-50 employeeswholesale

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1M

+13.6% from 2015

Total participants

+2.5% from 2015

Average account balance

$27,015

+7.6% from 2015

Annual return

6.29%

+7.12 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.30M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

75.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$747

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

+7.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$632

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

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

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.

Plan features & details

Pension benefit codes2E2F2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$10K

$284 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.996%

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

$27,015

$69,977-61.4%

$108,582-75.1%

$62,881-57.0%

Participation rate

91.7%

72.9%+18.8pp

79.6%+12.1pp

69.3%+22.4pp

Annual return

6.29%

10.73%-4.4pp

-51.70%+58.0pp

20.14%-13.9pp

Employer contribution / active EE

$694

$2,135-67.5%

$3,758-81.5%

$2,281-69.6%

Participant deferral / active EE

$1,262

$3,165-60.1%

$4,311-70.7%

$3,203-60.6%

Admin fee / account holder

$269

$5,076-94.7%

$7,645-96.5%

$4,296-93.7%

LION PLUMBING SUPPLY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LION PLUMBING SUPPLY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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