Retirement plan

GULF COAST LUMBER & SUPPLY, INC.401(K) PLAN AND TRUST

Name: GULF COAST LUMBER & SUPPLY, INC. - GULF COAST LUMBER & SUPPLY, INC.401(K) PLAN AND TRUST (2020) Form 5500
Creator: GULF COAST LUMBER & SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GULF COAST LUMBER & SUPPLY, INC.401(K) PLAN AND TRUST, GULF COAST LUMBER & SUPPLY, INC.

GULF COAST LUMBER & SUPPLY, INC.EIN 59-2311541Plan #001PY 2020

P.O. BOX 597 - WOODVILLE, FL 32362850-421-5295

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+6.6% from 2019

Total participants

+17.6% from 2019

Average account balance

$99,335

+0.1% from 2019

Annual return

4.21%

-0.04 pp from 2019

Benchmarks

See 9,301 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,301 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.31M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

48.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+4.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13172

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 codes2E2G2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$922 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.928%

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

$99,335

$65,027+52.8%

$90,970+9.2%

$79,852+24.4%

Participation rate

78.8%

61.6%+17.2pp

69.0%+9.8pp

69.6%+9.1pp

Annual return

4.21%

30.45%-26.2pp

134.58%-130.4pp

31.72%-27.5pp

Employer contribution / active EE

$1,078

$1,247-13.6%

$2,122-49.2%

$2,471-56.4%

Participant deferral / active EE

$2,041

$2,512-18.7%

$3,373-39.5%

$3,740-45.4%

Admin fee / account holder

$922

$4,535-79.7%

$5,960-84.5%

$5,306-82.6%

GULF COAST LUMBER & SUPPLY, INC.401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GULF COAST LUMBER & SUPPLY, INC.401(K) PLAN AND TRUST

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