Retirement plan

COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC. 401(K) PROFIT SHARING PLAN

Name: COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC. - COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC. 401(K) PROFIT SHARING PLAN, COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC.

COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC.EIN 64-0791345Plan #001PY 2016

1313 HARDING STREET - JACKSON, MS 39202601-948-5600cowboymaloneys.comLinkedIn51-200 employeesbusiness supplies and equipment

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5M

No prior year

Total participants

130

No prior year

Average account balance

$50,170

No prior year

Annual return

3.23%

No prior year

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.57M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

53.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$196K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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)

$8111

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

Top 6 by compensation

Provider	Service type	Compensation
LEFOLDT & COMPANY1+ years Filed as: LEFOLDT & COMPANY, PA Service code 10 · EIN 64-0854133	Accounting	$12,088
INDEPENDENT PENSION SOLUTIONS1+ years Service code 13 · EIN 72-1396518	Contract Administrator	$7,845
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$6,858
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES INSURANCE GROUP INC. Service code 49 · EIN 59-1199408	Other Services	$0
S B H U LIFE AGENCY INC1+ years Filed as: S B H U LIFE AGENCY, INC. Service code 49 · EIN 13-2896238	Other Services	$0
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D2F

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$27K

$233 / participant

Contract admin$7K25.6%
Other / not subdivided$20K74.4%

% of EOY assets

0.534%

all-in expense ratio

Categories reported

1 / 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: LEFOLDT & COMPANY
Auditor EIN: 640854133
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,170

$42,546+17.9%

$71,796-30.1%

$55,167-9.1%

Participation rate

73.9%

59.1%+14.8pp

69.1%+4.8pp

69.0%+4.9pp

Annual return

3.23%

12.36%-9.1pp

78.04%-74.8pp

169.23%-166.0pp

Employer contribution / active EE

$1,270

$803+58.1%

$1,924-34.0%

$1,963-35.3%

Participant deferral / active EE

$1,943

$2,064-5.9%

$2,794-30.5%

$3,054-36.4%

Admin fee / account holder

$268

$650-58.8%

$4,815-94.4%

$504-46.8%

Provider

Service type

Compensation

LEFOLDT & COMPANY1+ years

Filed as: LEFOLDT & COMPANY, PA

Service code 10 · EIN 64-0854133

Accounting

$12,088

INDEPENDENT PENSION SOLUTIONS1+ years

Service code 13 · EIN 72-1396518

Contract Administrator

$7,845

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$6,858

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES INSURANCE GROUP INC.

Service code 49 · EIN 59-1199408

Other Services

S B H U LIFE AGENCY INC1+ years

Filed as: S B H U LIFE AGENCY, INC.

Service code 49 · EIN 13-2896238

Other Services

WILSHIRE ASSOCIATES INCORPORATED1+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COWBOY MALONEY APPLIANCE, AUDIO, VIDEO CENTER, 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