Retirement plan

COLLIER DRUG STORES, INC 401(K) PROFIT SHARING PLAN

Name: COLLIER DRUG STORES, INC - COLLIER DRUG STORES, INC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: COLLIER DRUG STORES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLIER DRUG STORES, INC 401(K) PROFIT SHARING PLAN, COLLIER DRUG STORES, INC

COLLIER DRUG STORES, INCEIN 71-0355441Plan #001PY 2016

100 WEST DICKSON - FAYETTEVILLE, AR 727015219479-442-6262collierdrug.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesHigh cashLow fidelity bond

How to read this page

Total assets (EOY)

$5.1M

+18.1% from 2015

Total participants

123

-5.4% from 2015

Average account balance

$49,339

+13.5% from 2015

Annual return

13.09%

+16.06 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.87M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$302K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20155

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

Top 2 by compensation

Provider	Service type	Compensation
GREENWOOD GEARHART, INC.1 year Filed as: GREENWOOD GEARHART INC Service code 27 · EIN 71-0656198	Advisory (Plan)	$35,871
GREENWOOD GEARHART, INC.2+ years Filed as: GREENWOOD GROUP LTD Service code 13 · EIN 71-0726026	Contract Administrator	$6,500

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$42K

$544 / participant

Investment mgmt$36K84.7%
Contract admin$7K15.3%

% of EOY assets

0.828%

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: FROST, PLLC
Auditor EIN: 710817652
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,339

$48,364+2.0%

$71,796-31.3%

$62,881-21.5%

Participation rate

75.6%

60.6%+15.0pp

69.1%+6.5pp

69.3%+6.3pp

Annual return

13.09%

13.16%-0.1pp

78.04%-65.0pp

20.14%-7.1pp

Employer contribution / active EE

$1,669

$1,042+60.2%

$1,924-13.3%

$2,281-26.8%

Participant deferral / active EE

$3,178

$2,091+51.9%

$2,794+13.7%

$3,203-0.8%

Admin fee / account holder

$408

$3,771-89.2%

$4,815-91.5%

$4,296-90.5%

Provider

Service type

Compensation

GREENWOOD GEARHART, INC.1 year

Filed as: GREENWOOD GEARHART INC

Service code 27 · EIN 71-0656198

Advisory (Plan)

$35,871

GREENWOOD GEARHART, INC.2+ years

Filed as: GREENWOOD GROUP LTD

Service code 13 · EIN 71-0726026

Contract Administrator

$6,500

COLLIER DRUG STORES, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLIER DRUG STORES, INC 401(K) PROFIT SHARING 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