Retirement plan

SCHILLING DISTRIBUTING PROFIT SHARING 401 K PLAN

Name: SCHILLING DISTRIBUTING COMPANY, LLC. - SCHILLING DISTRIBUTING PROFIT SHARING 401 K PLAN (2020) Form 5500
Creator: SCHILLING DISTRIBUTING COMPANY, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHILLING DISTRIBUTING PROFIT SHARING 401 K PLAN, SCHILLING DISTRIBUTING COMPANY, LLC.

SCHILLING DISTRIBUTING COMPANY, LLC.EIN 72-0539957Plan #002PY 2020

2901 MOSS STREET - LAFAYETTE, LA 70501337-233-2337schillingdistributing.comLinkedIn51-200 employeeswholesale

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.5M

+21.7% from 2019

Total participants

248

-0.4% from 2019

Average account balance

$73,080

+13.7% from 2019

Annual return

18.91%

-2.62 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.46M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$375K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5089

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES3 years Service code 27 · EIN 59-6798909 800 CARILON PARKWAY · ST. PETERSBURG, FL 33716	Advisory (Plan)	$22,829
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 · EIN 95-6817943 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$11,262
ARS RETIREMENT CORPORATION3 years Service code 13 · EIN 72-1108038 113 OIL CENTER DR · LAFAYETTE, LA 705032441	Contract Administrator	$1,800

Plan features & details

Pension benefit codes2E2J2K3D2F2T

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).
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$34K

$165 / participant

Investment mgmt$34K100.0%

% of EOY assets

0.232%

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: THIBODAUX, HEBERT, DESHOTELS & LEBL
Auditor EIN: 208102502
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,080

$81,494-10.3%

$133,978-45.5%

$73,497-0.6%

Participation rate

76.0%

76.4%-0.4pp

79.8%-3.9pp

70.7%+5.3pp

Annual return

18.91%

19.40%-0.5pp

45.10%-26.2pp

28.51%-9.6pp

Employer contribution / active EE

$932

$2,210-57.8%

$3,919-76.2%

$2,270-58.9%

Participant deferral / active EE

$2,489

$3,787-34.3%

$5,047-50.7%

$3,740-33.5%

Admin fee / account holder

$170

$713-76.2%

$8,930-98.1%

$513-66.9%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES3 years

Service code 27 · EIN 59-6798909

800 CARILON PARKWAY · ST. PETERSBURG, FL 33716

Advisory (Plan)

$22,829

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64 · EIN 95-6817943

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$11,262

ARS RETIREMENT CORPORATION3 years

Service code 13 · EIN 72-1108038

113 OIL CENTER DR · LAFAYETTE, LA 705032441

Contract Administrator

$1,800

SCHILLING DISTRIBUTING PROFIT SHARING 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHILLING DISTRIBUTING PROFIT SHARING 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