Retirement plan

MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: MASTERS SUPPLY, INC. - MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2018) Form 5500
Creator: MASTERS SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, MASTERS SUPPLY, INC.

MASTERS SUPPLY, INC.EIN 61-0550047Plan #002PY 2018

4505 BISHOP LANE - LOUISVILLE, KY 40218502-459-2900

Other plans on this EIN

1 filing

#003Retirement-$3.2M assets

Prospect flagsHigh feesHigh assets / participant

Top hat statement on fileNQDC

Filed April 21, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

4505 Bishop Lane

Louisville State: KY Zip Code: 40218

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Plans declared (1)

Masters' Supply, Inc. Stock Appreciation Rights Plan115 emp

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Total assets (EOY)

$33.4M

+7.6% from 2017

Total participants

124

+13.8% from 2017

Average account balance

$269,611

-5.4% from 2017

Annual return

11.68%

+15.62 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.27M

Not enough data

1 years with asset history on file

Average account balance

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

$271K

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.

211

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2P2Q3I2K

Plan features

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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$3.0M

$27394 / participant

Other / not subdivided$3M100.0%

% of EOY assets

8.931%

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

$269,611

$66,302+306.6%

$110,243+144.6%

$56,287+379.0%

Participation rate

100.0%

74.9%+25.1pp

79.8%+20.2pp

69.9%+30.1pp

Annual return

11.68%

-1.18%+12.9pp

314.76%-303.1pp

-9.96%+21.6pp

Employer contribution / active EE

$12,794

$2,047+525.0%

$3,827+234.3%

$2,111+506.1%

Participant deferral / active EE

$3,381-100.0%

$4,672-100.0%

$3,350-100.0%

Admin fee / account holder

$24,080

$698+3347.4%

$8,548+181.7%

$521+4522.4%

MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASTERS SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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