Retirement plan

PS WHOLESALE FLOORS, LLC. 401(K) AND PROFIT SHARING PLAN

Name: PS WHOLESALE FLOORS, LLC - PS WHOLESALE FLOORS, LLC. 401(K) AND PROFIT SHARING PLAN (2023) Form 5500
Creator: PS WHOLESALE FLOORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PS WHOLESALE FLOORS, LLC. 401(K) AND PROFIT SHARING PLAN, PS WHOLESALE FLOORS, LLC

PS WHOLESALE FLOORS, LLCEIN 72-1424913Plan #001PY 2023

3049 S SHERWOOD FOREST BLVD, 2ND FLOOR - BATON ROUGE, LA 70816225-424-6732

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.9M

+7.7% from 2022

Total participants

224

+1.4% from 2022

Average account balance

$41,521

+13.6% from 2022

Annual return

12.96%

+26.65 pp from 2022

Benchmarks

See 2,346 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,346 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.62M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

125

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.

64.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$732K

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

+11.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$339

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,999
SECOND LINE CAPITAL LLC1 year Filed as: SECOND LINE CAPITAL Service code 22 · EIN 92-3387385 2800 VETERANS MEMORIAL BLVD · METAIRIE, LA 70002	Insurance Broker	$11,501
ADVISOR RESOURCE COUNCIL4 years Service code 22 · EIN 45-5279132 17300 DALLAS PKWY · DALLAS, TX 75218	Insurance Broker	$9,501
THE HASLAUER GROUP, INC.4 years Filed as: THE HASLAUER GROUP Service code 15 · EIN 72-1396122 1800 WILLIAMS BLVD · KENNER, LA 70062	Recordkeeping	$9,117
ACTIVE GRAPHICS, IC.4 years Filed as: ACTIVE CORE - PASSIVE THROUGH TARGE Service code 22 · EIN 26-2409128 5440 W 110TH ST · SHAWNEE MISSION, KS 66211	Insurance Broker	$3,009
NATIONWIDE4 years Filed as: NATIONWIDE LIFE INSURANCE COMPNAY Service code 15 · EIN 31-4156830 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Recordkeeping	$1,204

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$33K

$192 / participant

Recordkeeping$33K100.0%

% of EOY assets

0.480%

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: THE AMERICAN AUDITOR'S GROUP, LLC
Auditor EIN: 814229648
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,521

$83,045-50.0%

$130,026-68.1%

$71,495-41.9%

Participation rate

65.5%

74.1%-8.6pp

78.5%-13.0pp

67.9%-2.4pp

Annual return

12.96%

20.61%-7.6pp

-137.26%+150.2pp

28.85%-15.9pp

Employer contribution / active EE

$1,761

$2,623-32.9%

$4,321-59.2%

$2,589-32.0%

Participant deferral / active EE

$2,713

$4,436-38.8%

$5,821-53.4%

$4,291-36.8%

Admin fee / account holder

$199

$1,727-88.5%

$10,608-98.1%

$1,588-87.5%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,999

SECOND LINE CAPITAL LLC1 year

Filed as: SECOND LINE CAPITAL

Service code 22 · EIN 92-3387385

2800 VETERANS MEMORIAL BLVD · METAIRIE, LA 70002

Insurance Broker

$11,501

ADVISOR RESOURCE COUNCIL4 years

Service code 22 · EIN 45-5279132

17300 DALLAS PKWY · DALLAS, TX 75218

Insurance Broker

$9,501

THE HASLAUER GROUP, INC.4 years

Filed as: THE HASLAUER GROUP

Service code 15 · EIN 72-1396122

1800 WILLIAMS BLVD · KENNER, LA 70062

Recordkeeping

$9,117

ACTIVE GRAPHICS, IC.4 years

Filed as: ACTIVE CORE - PASSIVE THROUGH TARGE

Service code 22 · EIN 26-2409128

5440 W 110TH ST · SHAWNEE MISSION, KS 66211

Insurance Broker

$3,009

NATIONWIDE4 years

Filed as: NATIONWIDE LIFE INSURANCE COMPNAY

Service code 15 · EIN 31-4156830

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Recordkeeping

$1,204

PS WHOLESALE FLOORS, LLC. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PS WHOLESALE FLOORS, LLC. 401(K) AND 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