Retirement plan

ANDREWS HARDWARE AND SEED STORE 401(K) PROFIT SHARING PLAN AND TRUST

Name: ANDREWS HARDWARE AND SEED STORE - ANDREWS HARDWARE AND SEED STORE 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: ANDREWS HARDWARE AND SEED STORE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDREWS HARDWARE AND SEED STORE 401(K) PROFIT SHARING PLAN AND TRUST, ANDREWS HARDWARE AND SEED STORE

ANDREWS HARDWARE AND SEED STOREEIN 63-0009815Plan #001PY 2018

92 GRENADE AVENUE - CHATOM, AL 36518251-847-2235

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

-0.8% from 2017

Total participants

+18.2% from 2017

Average account balance

$109,990

-27.8% from 2017

Annual return

2.79%

-0.34 pp from 2017

Benchmarks

See 18,624 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,624 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.54M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

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

+4.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4564

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$100K

$11152 / participant

Other / not subdivided$100K100.0%

% of EOY assets

8.296%

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

$109,990

$95,975+14.6%

$74,549+47.5%

$135,379-18.8%

Participation rate

77.8%

75.7%+2.1pp

69.1%+8.6pp

82.6%-4.9pp

Annual return

2.79%

56.96%-54.2pp

32.53%-29.7pp

519.79%-517.0pp

Employer contribution / active EE

$2,914

$2,716+7.3%

$1,961+48.6%

$4,779-39.0%

Participant deferral / active EE

$3,433

$3,844-10.7%

$3,108+10.5%

$5,609-38.8%

Admin fee / account holder

$9,125

$6,522+39.9%

$5,059+80.4%

$10,828-15.7%

ANDREWS HARDWARE AND SEED STORE 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDREWS HARDWARE AND SEED STORE 401(K) PROFIT SHARING PLAN AND TRUST

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