Retirement plan

CLAY INGELS CO., LLC RETIREMENT SAVINGS PLAN

Name: CLAY INGELS CO., LLC - CLAY INGELS CO., LLC RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: CLAY INGELS CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLAY INGELS CO., LLC RETIREMENT SAVINGS PLAN, CLAY INGELS CO., LLC

CLAY INGELS CO., LLCEIN 61-0506067Plan #002PY 2019

914 DELAWARE AVENUE - LEXINGTON, KY 40505859-252-0836LinkedIn1-10 employees

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$19.4M

+22.4% from 2018

Total participants

121

+4.3% from 2018

Average account balance

$197,498

+19.9% from 2018

Annual return

21.25%

+26.58 pp from 2018

Benchmarks

See 2,278 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,278 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.36M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

307

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.

79.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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
BENEFITS PLUS1 year Service code 99 · EIN 61-1104063	Other Fees	$6,375
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INS. AND ANNUITY CO Service code 27	Advisory (Plan)	$4,543
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIRMENT INS. AND ANNUITY CO. Service code 27 · EIN 71-0294708	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2H2J2K3D

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.
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.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$3K

$30 / participant

Contract admin$3K100.0%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RFH , PLLC
Auditor EIN: 201518594
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$197,498

$49,138+301.9%

$84,021+135.1%

$65,185+203.0%

Participation rate

79.3%

60.7%+18.5pp

69.0%+10.3pp

70.2%+9.1pp

Annual return

21.25%

23.00%-1.8pp

71.32%-50.1pp

29.38%-8.1pp

Employer contribution / active EE

$2,631

$914+187.9%

$1,984+32.6%

$2,177+20.9%

Participant deferral / active EE

$3,432

$2,397+43.2%

$3,239+6.0%

$3,514-2.3%

Admin fee / account holder

$34

$543-93.7%

$6,102-99.4%

$847-95.9%

Provider

Service type

Compensation

BENEFITS PLUS1 year

Service code 99 · EIN 61-1104063

Other Fees

$6,375

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INS. AND ANNUITY CO

Service code 27

Advisory (Plan)

$4,543

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIRMENT INS. AND ANNUITY CO.

Service code 27 · EIN 71-0294708

Advisory (Plan)

CLAY INGELS CO., LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLAY INGELS CO., LLC RETIREMENT SAVINGS 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