Retirement plan

LONG WHOLESALE DISTRIBUTORS INC. EMPLOYEES PROFIT SHARING 401(K) PLAN

Name: LONG WHOLESALE DISTRIBUTORS, INC. - LONG WHOLESALE DISTRIBUTORS INC. EMPLOYEES PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: LONG WHOLESALE DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONG WHOLESALE DISTRIBUTORS INC. EMPLOYEES PROFIT SHARING 401(K) PLAN, LONG WHOLESALE DISTRIBUTORS, INC.

LONG WHOLESALE DISTRIBUTORS, INC.EIN 64-0271642Plan #001PY 2016

201 N. FULTON DRIVE, P. O. BOX 250 - CORINTH, MS 38834662-287-2421

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+9.7% from 2015

Total participants

0.0% from 2015

Average account balance

$36,920

+12.0% from 2015

Annual return

4.93%

+4.97 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$928K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

106.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1587

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 codes2E2J2R3D

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.
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

$62K

$1294 / participant

Other / not subdivided$62K100.0%

% of EOY assets

3.505%

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

$36,920

$69,977-47.2%

$108,582-66.0%

$62,881-41.3%

Participation rate

97.9%

72.9%+25.0pp

79.6%+18.3pp

69.3%+28.6pp

Annual return

4.93%

10.73%-5.8pp

-51.70%+56.6pp

20.14%-15.2pp

Employer contribution / active EE

$1,420

$2,135-33.5%

$3,758-62.2%

$2,281-37.7%

Participant deferral / active EE

$1,469

$3,165-53.6%

$4,311-65.9%

$3,203-54.1%

Admin fee / account holder

$1,294

$5,076-74.5%

$7,645-83.1%

$4,296-69.9%

LONG WHOLESALE DISTRIBUTORS INC. EMPLOYEES PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LONG WHOLESALE DISTRIBUTORS INC. EMPLOYEES 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