Retirement plan

PALM BEACH GALERE, INC. 401(K) PLAN

Name: PALM BEACH GALERE, INC. - PALM BEACH GALERE, INC. 401(K) PLAN (2017) Form 5500
Creator: PALM BEACH GALERE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALM BEACH GALERE, INC. 401(K) PLAN, PALM BEACH GALERE, INC.

PALM BEACH GALERE, INC.EIN 65-0989636Plan #001PY 2017

3717 S. DIXIE HIGHWAY SUITE B - WEST PALM BEACH, FL 33405561-832-3611palmbeachgallery.comLinkedIn11-50 employeesretail

Other plans on this EIN

1 filing

#002Retirement-$456K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$684K

+26.0% from 2016

Total participants

0.0% from 2016

Average account balance

$341,752

+26.0% from 2016

Annual return

11.37%

+20.75 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.51M

Not enough data

1 years with asset history on file

Average account balance

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

$754K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$42K

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

+9.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$395

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G2J3D

Plan features

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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$341,752

$99,652+242.9%

$78,778+333.8%

$147,586+131.6%

Participation rate

100.0%

76.2%+23.8pp

69.2%+30.8pp

82.8%+17.2pp

Annual return

11.37%

47.28%-35.9pp

35.62%-24.3pp

578.59%-567.2pp

Employer contribution / active EE

$18,633

$2,796+566.5%

$1,986+838.4%

$4,876+282.1%

Participant deferral / active EE

$21,000

$3,664+473.2%

$2,958+609.9%

$5,439+286.1%

Admin fee / account holder

$7,155-100.0%

$5,134-100.0%

$10,886-100.0%

PALM BEACH GALERE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PALM BEACH GALERE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion