Retirement plan

GOLD COAST EAGLE DISTRIBUTING EMPLOYEES SAVINGS PLAN

Name: GOLD COAST EAGLE DISTRIBUTING, LLP - GOLD COAST EAGLE DISTRIBUTING EMPLOYEES SAVINGS PLAN (2022) Form 5500
Creator: GOLD COAST EAGLE DISTRIBUTING, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLD COAST EAGLE DISTRIBUTING EMPLOYEES SAVINGS PLAN, GOLD COAST EAGLE DISTRIBUTING, LLP

GOLD COAST EAGLE DISTRIBUTING, LLPEIN 65-0710195Plan #001PY 2022

7051 WIRELESS CT - LAKEWOOD RANCH, FL 342404800941-355-7685gceagle.comLinkedIn201-500 employeescomputer software

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.7M

-5.5% from 2021

Total participants

186

+1.1% from 2021

Average account balance

$30,925

-5.5% from 2021

Annual return

-12.36%

-22.09 pp from 2021

Benchmarks

See 2,289 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,289 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.40M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

175

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$668K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PENSION ASSURANCE LLP1 year Filed as: KB PENSION SERVICES INC Service code 13 · EIN 65-0721164	Contract Administrator	$2,720
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 15 · EIN 84-0467907	Recordkeeping	$840
SBHU LIFE AGENCY INC3 years Filed as: SBHU LIFE AGCY INC Service code 23 · EIN 13-2896238	Other commissions; Insurance services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant 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

$3K

$19 / participant

Contract admin$3K100.0%

% of EOY assets

0.046%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARR, RIGGS & INGRAM,LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,925

$86,692-64.3%

$119,634-74.2%

$66,949-53.8%

Participation rate

98.6%

75.6%+23.0pp

79.3%+19.3pp

69.8%+28.7pp

Annual return

-12.36%

-8.00%-4.4pp

-14.98%+2.6pp

1.57%-13.9pp

Employer contribution / active EE

$2,416

$2,536-4.7%

$4,232-42.9%

$2,545-5.1%

Participant deferral / active EE

$1,650

$4,360-62.2%

$5,601-70.5%

$4,239-61.1%

Admin fee / account holder

$14

$755-98.1%

$10,329-99.9%

$594-97.6%

Provider

Service type

Compensation

PENSION ASSURANCE LLP1 year

Filed as: KB PENSION SERVICES INC

Service code 13 · EIN 65-0721164

Contract Administrator

$2,720

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 15 · EIN 84-0467907

Recordkeeping

$840

SBHU LIFE AGENCY INC3 years

Filed as: SBHU LIFE AGCY INC

Service code 23 · EIN 13-2896238

Other commissions; Insurance services

GOLD COAST EAGLE DISTRIBUTING EMPLOYEES SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLD COAST EAGLE DISTRIBUTING EMPLOYEES SAVINGS 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