Retirement plan

LTP MANAGEMENT GROUP, INC. 401(K) PLAN

Name: LTP MANAGEMENT GROUP, INC. - LTP MANAGEMENT GROUP, INC. 401(K) PLAN (2017) 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 2017

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

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$5M

+20.9% from 2016

Total participants

107

-0.9% from 2016

Average account balance

$117,931

+23.8% from 2016

Annual return

17.70%

+11.22 pp from 2016

Benchmarks

See 841 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort841 peers

Snapshot2017

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.3+ 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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$13 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

0 / 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: TUSCAN & COMPANY, P.A.
Auditor EIN: 260254161
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,931

$31,388+275.7%

$73,550+60.3%

$62,293+89.3%

Participation rate

35.0%

39.9%-4.9pp

54.9%-19.9pp

69.5%-34.5pp

Annual return

17.70%

25.34%-7.6pp

-15.16%+32.9pp

28.90%-11.2pp

Employer contribution / active EE

$498-100.0%

$1,219-100.0%

$2,042-100.0%

Participant deferral / active EE

$1,338

$1,028+30.1%

$1,804-25.8%

$3,169-57.8%

Admin fee / account holder

$30

$299-90.0%

$2,320-98.7%

$479-93.7%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ 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