Retirement plan

STEPHENS DISTRIBUTING 401(K) PROFIT SHARING PLAN

Name: STEPHENS DISTRIBUTING COMPANY - STEPHENS DISTRIBUTING 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: STEPHENS DISTRIBUTING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPHENS DISTRIBUTING 401(K) PROFIT SHARING PLAN, STEPHENS DISTRIBUTING COMPANY

STEPHENS DISTRIBUTING COMPANYEIN 59-2359783Plan #001PY 2015

185 ANGLERS AVENUE - FORT LAUDERDALE, FL 33312954-989-4350stephensdist.comLinkedIn11-50 employeesfood & beverages

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.5M

No prior year

Total participants

120

No prior year

Average account balance

$45,111

No prior year

Annual return

-0.49%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.19M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

72.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$564K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$432

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
ERISA FIDUCIARY ADVISORS, INC.1+ years Service code 27 1160 BIRCHWOOD ROAD · WESTON, FL 33327	Advisory (Plan)	$20,466
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$18,981
WITHUMSMITH+BROWN, PC1+ years Filed as: MORRISON BROWN, ARGIZ & FARRA, LLC Service code 10 1450 BRICKELL AVENUE 18TH FLOOR · MIAMI, FL 33131	Accounting	$7,800

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3B

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$47K

$437 / participant

Contract admin$47K100.0%

% of EOY assets

1.058%

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: MOORISON, BROWN, ARGIZ & FARRA, LLC
Auditor EIN: 010720052
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,111

$57,108-21.0%

$94,228-52.1%

$52,331-13.8%

Participation rate

80.6%

72.9%+7.6pp

78.8%+1.8pp

68.1%+12.5pp

Annual return

-0.49%

1.47%-2.0pp

10.68%-11.2pp

4.54%-5.0pp

Employer contribution / active EE

$594

$1,735-65.8%

$3,587-83.4%

$1,882-68.5%

Participant deferral / active EE

$2,566

$3,040-15.6%

$4,320-40.6%

$3,022-15.1%

Admin fee / account holder

$477

$546-12.7%

$6,269-92.4%

$592-19.3%

Provider

Service type

Compensation

ERISA FIDUCIARY ADVISORS, INC.1+ years

Service code 27

1160 BIRCHWOOD ROAD · WESTON, FL 33327

Advisory (Plan)

$20,466

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$18,981

WITHUMSMITH+BROWN, PC1+ years

Filed as: MORRISON BROWN, ARGIZ & FARRA, LLC

Service code 10

1450 BRICKELL AVENUE 18TH FLOOR · MIAMI, FL 33131

Accounting

$7,800

STEPHENS DISTRIBUTING 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPHENS DISTRIBUTING 401(K) 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