Retirement plan

JM FAMILY ASSOCIATES' PROFIT SHARING AND 401(K) PLAN

Name: JM FAMILY ENTERPRISES, INC. - JM FAMILY ASSOCIATES' PROFIT SHARING AND 401(K) PLAN (2017) Form 5500
Creator: JM FAMILY ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JM FAMILY ASSOCIATES' PROFIT SHARING AND 401(K) PLAN, JM FAMILY ENTERPRISES, INC.

JM FAMILY ENTERPRISES, INC.EIN 59-1390794Plan #003PY 2017

100 JIM MORAN BLVD - DEERFIELD BEACH, FL 334421702954-429-2000

Other plans on this EIN

1 filing

#002Retirement-$467.4M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed March 5, 2020 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

100 Jim Moran Blvd

Deerfield Beach, FL 33442

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Plans declared (4)

JM Family Enterprises, Inc. 2008 Benefit Restoration Plan77 emp
JM Family Enterprises, Inc. 2005 Deferred Compensation Plan77 emp
JM Family Enterprises, Inc. 2012 Long-Term EVA Incentive Plan77 emp
JM FAMILY ENTERPRISES, INC. Survivor Benefit Plan126 emp

Total covered: 357 employees

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Total assets (EOY)

$1087.4M

-11.3% from 2016

Total participants

5,078

-2.3% from 2016

Average account balance

$215,675

-9.5% from 2016

Annual return

15.28%

-10.38 pp from 2016

Benchmarks

See 255 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort255 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.71B

Not enough data

1 years with asset history on file

Average account balance

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

$327K

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.

5,219

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-1

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

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
ACADIAN ASSET MANAGEMENT LLC3+ years Filed as: ACADIAN ASSET MGMT LLC Service code 28 · EIN 04-2929221	Investment Management	$257,960
NEWTON3+ years Filed as: NEWTON CAPITAL MANAGEMENT LLC Service code 28 · EIN 32-0194117	Investment Management	$219,707
BOSTON TRUST WALDEN COMPANY3+ years Filed as: BOSTON TRUST & INVESTMENT MGMT CO Service code 28 · EIN 04-2273811	Investment Management	$201,261
BARING INTERNATIONAL INVESTMENT LTD3+ years Filed as: BARING ASSET MANAGEMENT LTD Service code 28 · EIN 04-2429117	Investment Management	$55,918
DODGE & COX3+ years Service code 28 · EIN 13-6033041	Investment Management	$54,194
FID INV INST OPS CO3+ years Service code 15 · EIN 04-2647786	Recordkeeping	$39,955
STATE STREET GLOBAL ADVISORS3+ years Service code 28 · EIN 04-1867445	Investment Management	$16,727

Plan features & details

Pension benefit codes2E2F2H2J2S2T3D3F3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$846K

$202 / participant

Investment mgmt$806K95.3%
Other / not subdivided$40K4.7%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$215,675

$67,228+220.8%

$117,861+83.0%

$77,958+176.7%

Participation rate

99.1%

79.4%+19.7pp

79.7%+19.5pp

71.6%+27.5pp

Annual return

15.28%

19.13%-3.8pp

335.11%-319.8pp

20.87%-5.6pp

Employer contribution / active EE

$14,079

$2,211+536.9%

$3,786+271.8%

$2,310+509.4%

Participant deferral / active EE

$6,559

$3,653+79.5%

$4,482+46.3%

$3,537+85.5%

Admin fee / account holder

$168

$76+121.2%

$8,021-97.9%

$97+72.2%

Provider

Service type

Compensation

ACADIAN ASSET MANAGEMENT LLC3+ years

Filed as: ACADIAN ASSET MGMT LLC

Service code 28 · EIN 04-2929221

Investment Management

$257,960

NEWTON3+ years

Filed as: NEWTON CAPITAL MANAGEMENT LLC

Service code 28 · EIN 32-0194117

Investment Management

$219,707

BOSTON TRUST WALDEN COMPANY3+ years

Filed as: BOSTON TRUST & INVESTMENT MGMT CO

Service code 28 · EIN 04-2273811

Investment Management

$201,261

BARING INTERNATIONAL INVESTMENT LTD3+ years

Filed as: BARING ASSET MANAGEMENT LTD

Service code 28 · EIN 04-2429117

Investment Management

$55,918

DODGE & COX3+ years

Service code 28 · EIN 13-6033041

Investment Management

$54,194

FID INV INST OPS CO3+ years

Service code 15 · EIN 04-2647786

Recordkeeping

$39,955

STATE STREET GLOBAL ADVISORS3+ years

Service code 28 · EIN 04-1867445

Investment Management

$16,727

JM FAMILY ASSOCIATES' PROFIT SHARING AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (4)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JM FAMILY ASSOCIATES' PROFIT SHARING AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (4)

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