Retirement plan

WARRIOR TRACTOR AND EQUIPMENT COMPANY, INC 401(K) PROFIT SHARING PLAN

Name: WARRIOR TRACTOR & EQUIPMENT CO., INC. - WARRIOR TRACTOR AND EQUIPMENT COMPANY, INC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: WARRIOR TRACTOR & EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARRIOR TRACTOR AND EQUIPMENT COMPANY, INC 401(K) PROFIT SHARING PLAN, WARRIOR TRACTOR & EQUIPMENT CO., INC.

WARRIOR TRACTOR & EQUIPMENT CO., INC.EIN 63-0588737Plan #001PY 2017

6801 MCFARLAND BLVD. - NORTHPORT, AL 35476205-339-0300warriortractor.comLinkedIn11-50 employeesretail

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$21.3M

+12.9% from 2016

Total participants

259

-0.8% from 2016

Average account balance

$92,029

+18.7% from 2016

Annual return

11.91%

+6.42 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.43M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

229

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.

86.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.47M

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

+10.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$461

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
REGIONS BANK3+ years Service code 15 · EIN 63-0371391	Recordkeeping	$38,974
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$20,350
JAMISON MONEY FARMER PC1 year Filed as: JAMISON MONEY FARMER PC. Service code 27 · EIN 63-0588737	Advisory (Plan)	$8,000

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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).
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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$71K

$339 / participant

Investment mgmt$8K11.3%
Contract admin$59K83.8%
Other / not subdivided$3K4.9%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

2 / 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: JAMISON, MONEY & FARMER
Auditor EIN: 630933119
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,029

$71,192+29.3%

$117,857-21.9%

$62,293+47.7%

Participation rate

86.6%

74.2%+12.4pp

79.7%+6.9pp

69.5%+17.1pp

Annual return

11.91%

18.66%-6.7pp

335.09%-323.2pp

28.90%-17.0pp

Employer contribution / active EE

$1,746

$1,934-9.7%

$3,786-53.9%

$2,042-14.5%

Participant deferral / active EE

$3,118

$3,189-2.2%

$4,482-30.4%

$3,169-1.6%

Admin fee / account holder

$306

$587-47.8%

$8,020-96.2%

$479-36.1%

Provider

Service type

Compensation

REGIONS BANK3+ years

Service code 15 · EIN 63-0371391

Recordkeeping

$38,974

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$20,350

JAMISON MONEY FARMER PC1 year

Filed as: JAMISON MONEY FARMER PC.

Service code 27 · EIN 63-0588737

Advisory (Plan)

$8,000

WARRIOR TRACTOR AND EQUIPMENT COMPANY, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARRIOR TRACTOR AND EQUIPMENT COMPANY, INC 401(K) PROFIT SHARING 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