Retirement plan

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

Name: SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLC - SGWS OF NEW YORK SALES, WAREHOUSE AND CLERICAL 401K PLAN (2018) 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 401K PLAN, SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLC

SOUTHERN GLAZER'S WINE & SPIRITS OF NEW YORK, LLCEIN 65-0879542Plan #010PY 2018

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$30.2M

-1.1% from 2017

Total participants

368

-39.8% from 2017

Average account balance

$121,424

-0.7% from 2017

Annual return

-5.21%

-1.85 pp from 2017

Benchmarks

See 1,274 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,274 peers

Snapshot2018

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 4 by compensation

Provider	Service type	Compensation
WELCH HORNSBY & WELCH INC1 year Service code 28 · EIN 63-0969069	Investment Management	$10,000
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2F2G2J2T3H

Plan features

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

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

$14K

$41 / participant

Investment mgmt$10K71.1%
Other / not subdivided$4K28.9%

% of EOY assets

0.046%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,424

$62,267+95.0%

$110,243+10.1%

$55,725+117.9%

Participation rate

65.2%

78.1%-12.9pp

79.8%-14.6pp

70.9%-5.7pp

Annual return

-5.21%

-1.07%-4.1pp

314.76%-320.0pp

244.93%-250.1pp

Employer contribution / active EE

$1,941-100.0%

$3,827-100.0%

$2,078-100.0%

Participant deferral / active EE

$7,657

$3,516+117.8%

$4,672+63.9%

$3,356+128.2%

Admin fee / account holder

$56

$121-53.3%

$8,548-99.3%

$115-51.0%

Provider

Service type

Compensation

WELCH HORNSBY & WELCH INC1 year

Service code 28 · EIN 63-0969069

Investment Management

$10,000

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SGWS 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