Retirement plan

LTP MANAGEMENT GROUP, INC. 401(K) PLAN

Name: LTP MANAGEMENT GROUP, INC. - LTP MANAGEMENT GROUP, INC. 401(K) PLAN (2018) 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 2018

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.9M

-1.8% from 2017

Total participants

110

+2.8% from 2017

Average account balance

$110,564

-6.2% from 2017

Annual return

-5.09%

-22.80 pp from 2017

Benchmarks

See 864 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort864 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.23M

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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.

62.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$209K

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

+18.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2037

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.4+ 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

$14 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.031%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$110,564

$28,109+293.3%

$71,086+55.5%

$56,287+96.4%

Participation rate

36.5%

40.4%-3.9pp

54.7%-18.1pp

69.9%-33.3pp

Annual return

-5.09%

-615.05%+610.0pp

650.59%-655.7pp

-9.96%+4.9pp

Employer contribution / active EE

$558-100.0%

$1,088-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,619

$1,116+45.2%

$1,874-13.6%

$3,350-51.7%

Admin fee / account holder

$34

$585-94.2%

$3,082-98.9%

$521-93.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ 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