Retirement plan

SHOE CORPORATION OF BIRMINGHAM, INC. 401(K) PROFIT SHARING PLAN

Name: SHOE CORPORATION OF BIRMINGHAM, INC. - SHOE CORPORATION OF BIRMINGHAM, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: SHOE CORPORATION OF BIRMINGHAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHOE CORPORATION OF BIRMINGHAM, INC. 401(K) PROFIT SHARING PLAN, SHOE CORPORATION OF BIRMINGHAM, INC.

SHOE CORPORATION OF BIRMINGHAM, INC.EIN 63-0635690Plan #002PY 2020

125 45TH PLACE NORTH - BIRMINGHAM, AL 35222205-326-2800shoecorp.comLinkedIn1-10 employeeswholesale

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$595K

+15.6% from 2019

Total participants

0.0% from 2019

Average account balance

$49,621

+15.6% from 2019

Annual return

6.75%

-9.12 pp from 2019

Benchmarks

See 18,868 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,868 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$846K

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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

$64K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1233

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 codes2E2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

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

$19K

$1944 / participant

Other / not subdivided$19K100.0%

% of EOY assets

3.265%

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

$49,621

$112,933-56.1%

$90,970-45.5%

$158,982-68.8%

Participation rate

100.0%

74.7%+25.3pp

69.0%+31.0pp

82.0%+18.0pp

Annual return

6.75%

215.82%-209.1pp

134.60%-127.9pp

302.99%-296.2pp

Employer contribution / active EE

$2,253

$2,893-22.1%

$2,122+6.2%

$4,763-52.7%

Participant deferral / active EE

$3,807

$4,128-7.8%

$3,373+12.9%

$5,983-36.4%

Admin fee / account holder

$1,620

$8,047-79.9%

$5,961-72.8%

$11,252-85.6%

SHOE CORPORATION OF BIRMINGHAM, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHOE CORPORATION OF BIRMINGHAM, 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