Retirement plan

HARDY PUBLISHING CO., INC. PROFIT SHARING 401(K) PLAN

Name: HARDY PUBLISHING CO.,INC. - HARDY PUBLISHING CO., INC. PROFIT SHARING 401(K) PLAN (2021) Form 5500
Creator: HARDY PUBLISHING CO.,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARDY PUBLISHING CO., INC. PROFIT SHARING 401(K) PLAN, HARDY PUBLISHING CO.,INC.

HARDY PUBLISHING CO.,INC.EIN 61-1114801Plan #001PY 2021

2424 FRANKFORT AVE., SUITE #2 - LOUISVILLE, KY 40206502-897-1725

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$942K

-38.8% from 2020

Total participants

-16.7% from 2020

Average account balance

$235,611

-8.2% from 2020

Annual return

9.54%

-2.11 pp from 2020

Benchmarks

See 7,539 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort7,539 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.73M

Not enough data

1 years with asset history on file

Average account balance

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

$345K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+15.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11228

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 codes2E2F2J3D

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).
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.

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

$773K

$154539 / participant

Other / not subdivided$773K100.0%

% of EOY assets

81.988%

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

$235,611

$104,664+125.1%

$85,693+174.9%

$167,518+40.6%

Participation rate

80.0%

76.4%+3.6pp

69.9%+10.1pp

82.1%-2.1pp

Annual return

9.54%

21.45%-11.9pp

21.49%-11.9pp

478.71%-469.2pp

Employer contribution / active EE

$930

$3,337-72.1%

$2,618-64.5%

$4,838-80.8%

Participant deferral / active EE

$1,641

$4,824-66.0%

$3,923-58.2%

$6,342-74.1%

Admin fee / account holder

$193,174

$10,032+1825.6%

$6,874+2710.1%

$12,312+1468.9%

HARDY PUBLISHING CO., INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARDY PUBLISHING CO., INC. PROFIT SHARING 401(K) 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