Retirement plan

LTP MANAGEMENT GROUP, INC. 401(K) PLAN

Name: LTP MANAGEMENT GROUP, INC. - LTP MANAGEMENT GROUP, INC. 401(K) PLAN (2015) Form 5500
Creator: LTP MANAGEMENT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LTP MANAGEMENT GROUP, INC. 401(K) PLAN, LTP MANAGEMENT GROUP, INC.

LTP MANAGEMENT GROUP, INC.EIN 65-0015671Plan #001PY 2015

4411 CLEVELAND AVE. - FT. MYERS, FL 33901239-275-6339LinkedIn51-200 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

100

No prior year

Average account balance

$84,453

No prior year

Annual return

0.87%

No prior year

Benchmarks

See 2,539 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort2,539 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.56M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

60.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$250K

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

+16.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1116

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 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO FINANCIAL ADVISORS Service code 27 5246 RED CEDAR DRIVE · FORT MYERS, FL 33907	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$16 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.040%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TUSCAN & COMPANY, P.A.
Auditor EIN: 260254161
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,453

$30,732+174.8%

$59,496+41.9%

$59,633+41.6%

Participation rate

39.8%

43.2%-3.4pp

54.6%-14.8pp

68.7%-28.9pp

Annual return

0.87%

4.47%-3.6pp

182.05%-181.2pp

2041.45%-2040.6pp

Employer contribution / active EE

$631-100.0%

$1,153-100.0%

$2,203-100.0%

Participant deferral / active EE

$1,672

$1,183+41.3%

$1,829-8.6%

$3,192-47.6%

Admin fee / account holder

$34

$2,136-98.4%

$2,232-98.5%

$4,297-99.2%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO FINANCIAL ADVISORS

Service code 27

5246 RED CEDAR DRIVE · FORT MYERS, FL 33907

Advisory (Plan)

LTP MANAGEMENT GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LTP MANAGEMENT GROUP, INC. 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