Retirement plan

COLEMAN AMERICAN COMPANIES, INC. SAVINGS & PROTECTION PLAN

Name: COLEMAN AMERICAN MOVING SERVICES, INC. - COLEMAN AMERICAN COMPANIES, INC. SAVINGS & PROTECTION PLAN (2015) Form 5500
Creator: COLEMAN AMERICAN MOVING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLEMAN AMERICAN COMPANIES, INC. SAVINGS & PROTECTION PLAN, COLEMAN AMERICAN MOVING SERVICES, INC.

COLEMAN AMERICAN MOVING SERVICES, INC.EIN 63-0419836Plan #001PY 2015

PO BOX 960, 1 COVAN DR - MIDLAND CITY, AL 363500960334-983-6500colemanamerican.comLinkedIn1-10 employees

Prospect flagsLow assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$19.5M

No prior year

Total participants

2,312

No prior year

Average account balance

$8,416

No prior year

Annual return

1.11%

No prior year

Benchmarks

See 232 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort232 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.51M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

1,066

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.

26.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$138

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 4 by compensation

Provider	Service type	Compensation
CAPSOUTH PARTNERS1+ years Service code 27 · EIN 01-0647966	Advisory (Plan)	$14,931
401K ADVISORS INC1+ years Filed as: 401K ADVISORS Service code 27 · EIN 01-0647966	Advisory (Plan)	$14,744
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 13 · EIN 22-1211670	Contract Administrator	$9,180
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Service code 13 · EIN 06-1050034	Contract Administrator	$0

Plan features & details

Pension benefit codes2F2K2T3D3F2S

Plan features

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$29K

$16 / participant

Other / not subdivided$29K100.0%

% of EOY assets

0.151%

all-in expense ratio

Categories reported

0 / 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: BELL AND COMPANY
Auditor EIN: 710550475
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,416

$54,281-84.5%

$60,547-86.1%

$59,188-85.8%

Participation rate

100.0%

66.8%+33.2pp

68.0%+32.0pp

69.4%+30.6pp

Annual return

1.11%

1.74%-0.6pp

335.64%-334.5pp

5.51%-4.4pp

Employer contribution / active EE

$318

$2,031-84.4%

$2,419-86.9%

$2,098-84.9%

Participant deferral / active EE

$1,180

$2,789-57.7%

$3,328-64.5%

$3,265-63.9%

Admin fee / account holder

$13

$64-80.3%

$4,536-99.7%

$92-86.3%

Provider

Service type

Compensation

CAPSOUTH PARTNERS1+ years

Service code 27 · EIN 01-0647966

Advisory (Plan)

$14,931

401K ADVISORS INC1+ years

Filed as: 401K ADVISORS

Service code 27 · EIN 01-0647966

Advisory (Plan)

$14,744

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 13 · EIN 22-1211670

Contract Administrator

$9,180

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Service code 13 · EIN 06-1050034

Contract Administrator

COLEMAN AMERICAN COMPANIES, INC. SAVINGS & PROTECTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLEMAN AMERICAN COMPANIES, INC. SAVINGS & PROTECTION 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