Retirement plan

A BEKA BOOK, INC. 401(K) RETIREMENT PLAN

Name: A BEKA BOOK, INC. - A BEKA BOOK, INC. 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: A BEKA BOOK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A BEKA BOOK, INC. 401(K) RETIREMENT PLAN, A BEKA BOOK, INC.

A BEKA BOOK, INC.EIN 59-3391229Plan #004PY 2020

250 BRENT LANE - PENSACOLA, FL 32503850-478-8496

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

+22.4% from 2019

Total participants

194

+7.8% from 2019

Average account balance

$78,629

+13.5% from 2019

Annual return

22.20%

-4.72 pp from 2019

Benchmarks

See 435 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort435 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.51M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

289

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.

87.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.27M

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

+11.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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 10 of 16 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Service code 49 · EIN 04-1590850	Other Services	$31,218
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH RETIREMENT SERVICES Service code 16 · EIN 13-5674085	Consulting	$7,500
CARR, RIGGS & INGRAM, LLC1 year Filed as: CARR, RIGGS, & INGRAM LLC Service code 10 · EIN 72-1396621	Accounting	$7,100
AMERICAN CENTURY4 years Service code 52 · EIN 43-1819235	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
COHEN & STEERS2 years Service code 52 · EIN 14-1904657	Indirect Investment Fees	$0
DELAWARE INVESTMENTS4 years Service code 52 · EIN 23-2448660	Indirect Investment Fees	$0
FRANKLIN TEMPLETON4 years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 94-2362417	Indirect Investment Fees	$0
PIMCO FUNDS4 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K2R3D3F2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$40K

$242 / participant

Investment mgmt$38K95.2%
Contract admin$7501.9%
Other / not subdivided$1K2.9%

% of EOY assets

0.263%

all-in expense ratio

Categories reported

2 / 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: CARR, RIGGS, & INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,629

$55,122+42.6%

$104,639-24.9%

$73,497+7.0%

Participation rate

99.4%

67.7%+31.7pp

74.1%+25.3pp

70.7%+28.7pp

Annual return

22.20%

24.77%-2.6pp

340.67%-318.5pp

28.51%-6.3pp

Employer contribution / active EE

$2,065

$1,464+41.0%

$2,682-23.0%

$2,270-9.1%

Participant deferral / active EE

$2,649

$2,919-9.2%

$3,738-29.1%

$3,740-29.2%

Admin fee / account holder

$207

$423-51.1%

$6,465-96.8%

$513-59.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Service code 49 · EIN 04-1590850

Other Services

$31,218

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH RETIREMENT SERVICES

Service code 16 · EIN 13-5674085

Consulting

$7,500

CARR, RIGGS & INGRAM, LLC1 year

Filed as: CARR, RIGGS, & INGRAM LLC

Service code 10 · EIN 72-1396621

Accounting

$7,100

AMERICAN CENTURY4 years

Service code 52 · EIN 43-1819235

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

COHEN & STEERS2 years

Service code 52 · EIN 14-1904657

Indirect Investment Fees

DELAWARE INVESTMENTS4 years

Service code 52 · EIN 23-2448660

Indirect Investment Fees

FRANKLIN TEMPLETON4 years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 59-6865210

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 94-2362417

Indirect Investment Fees

PIMCO FUNDS4 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

A BEKA BOOK, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A BEKA BOOK, INC. 401(K) RETIREMENT 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