Retirement plan

SWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K PLAN

Name: SOUTHERN WINE & SPIRITS OF NEW YORK - SWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K PLAN (2015) Form 5500
Creator: SOUTHERN WINE & SPIRITS OF NEW YORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K PLAN, SOUTHERN WINE & SPIRITS OF NEW YORK

SOUTHERN WINE & SPIRITS OF NEW YORKEIN 65-0879542Plan #010PY 2015

345 UNDERHILL BOULEVARD - SYOSSET, NY 11791954-602-2594LinkedIn501-1000 employeescomputer software

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$25.7M

No prior year

Total participants

575

No prior year

Average account balance

$63,823

No prior year

Annual return

0.20%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

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 3 by compensation

Provider	Service type	Compensation
MERCER1+ years Filed as: MERCER HR SERVICES, LLC Service code 15 INVESTORS WAY · NORWOOD, MA 020621584	Recordkeeping	$77,227
WELCH HORNSBY & WELCH INC1+ years Filed as: WELCH HORNSBY, INC. Service code 27 POST OFFICE BOX 4959 · MONTGOMERY, AL 36103	Advisory (Plan)	$27,499
MERCER1+ years Filed as: MERCER TRUST CO Service code 63 INVESTORS WAY · NORWOOD, MA 02062	12b-1 Fees	$9,291

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$21 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.045%

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: GRANT THORNTON
Auditor EIN: 741296484
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,823

$57,096+11.8%

$94,229-32.3%

$55,191+15.6%

Participation rate

68.1%

75.7%-7.5pp

78.8%-10.6pp

69.2%-1.0pp

Annual return

0.20%

159.65%-159.4pp

10.68%-10.5pp

10.78%-10.6pp

Employer contribution / active EE

$1,708-100.0%

$3,587-100.0%

$1,899-100.0%

Participant deferral / active EE

$5,759

$3,165+82.0%

$4,320+33.3%

$3,046+89.0%

Admin fee / account holder

$29

$89-67.8%

$6,269-99.5%

$91-68.4%

Provider

Service type

Compensation

MERCER1+ years

Filed as: MERCER HR SERVICES, LLC

Service code 15

INVESTORS WAY · NORWOOD, MA 020621584

Recordkeeping

$77,227

WELCH HORNSBY & WELCH INC1+ years

Filed as: WELCH HORNSBY, INC.

Service code 27

POST OFFICE BOX 4959 · MONTGOMERY, AL 36103

Advisory (Plan)

$27,499

MERCER1+ years

Filed as: MERCER TRUST CO

Service code 63

INVESTORS WAY · NORWOOD, MA 02062

12b-1 Fees

$9,291

SWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K 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