Retirement plan

SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401(K) PLAN

Name: SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLC - SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401(K) PLAN (2024) Form 5500
Creator: SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401(K) PLAN, SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLC

SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLCEIN 65-0879542Plan #010PY 2024

345 UNDERHILL BOULEVARD - SYOSSET, NY 11791515-921-9005LinkedIn501-1000 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$72.6M

+16.0% from 2023

Total participants

388

-10.2% from 2023

Average account balance

$240,404

+18.3% from 2023

Annual return

13.80%

-7.25 pp from 2023

Benchmarks

See 1,405 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,405 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.60M

Not enough data

1 years with asset history on file

Average account balance

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

$240K

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.

302

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.

75.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$22,605
CAPFINANCIAL PARTNERS LLC4 years Service code 28 · EIN 26-0058143	Investment Management	$15,000

Plan features & details

Pension benefit codes2E2F2G2J2T3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$38K

$106 / participant

Recordkeeping$15K38.9%
Investment mgmt$23K61.1%

% of EOY assets

0.052%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRANT THORNTON, LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$240,404

$89,465+168.7%

$164,866+45.8%

$77,671+209.5%

Participation rate

75.8%

78.6%-2.8pp

70.6%+5.2pp

Annual return

13.80%

28.81%-15.0pp

69.97%-56.2pp

31.21%-17.4pp

Employer contribution / active EE

$2,568-100.0%

$4,343-100.0%

$2,726-100.0%

Participant deferral / active EE

$12,878

$4,897+162.9%

$6,033+113.5%

$4,648+177.1%

Admin fee / account holder

$124

$340-63.4%

$12,689-99.0%

$430-71.1%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.5 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$22,605

CAPFINANCIAL PARTNERS LLC4 years

Service code 28 · EIN 26-0058143

Investment Management

$15,000

SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 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