Retirement plan

NAME BRANDS, INC EMPLOYEES PROFIT SHARING PLAN

Name: NAME BRANDS, INC. - NAME BRANDS, INC EMPLOYEES PROFIT SHARING PLAN (2023) Form 5500
Creator: NAME BRANDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAME BRANDS, INC EMPLOYEES PROFIT SHARING PLAN, NAME BRANDS, INC.

NAME BRANDS, INC.EIN 73-0769994Plan #002PY 2023

7215 S. MEMORIAL DRIVE - TULSA, OK 74133918-307-0284namebrandsinc.comLinkedIn1-10 employeesretail

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$23.4M

+8.6% from 2022

Total participants

198

-16.5% from 2022

Average account balance

$121,497

+32.2% from 2022

Annual return

15.92%

+32.33 pp from 2022

Benchmarks

See 2,283 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,283 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.01M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

227

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$397K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.8 years Service code 15 · EIN 23-1945930	Recordkeeping	$4,415

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$28 / participant

Contract admin$4K100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CCK STRATEGIES, PLLC
Auditor EIN: 731528194
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,497

$54,729+122.0%

$86,235+40.9%

$71,529+69.9%

Participation rate

96.9%

60.1%+36.7pp

69.0%+27.9pp

67.9%+28.9pp

Annual return

15.92%

20.07%-4.1pp

1170.03%-1154.1pp

28.97%-13.0pp

Employer contribution / active EE

$3,296

$1,267+160.1%

$2,381+38.4%

$2,590+27.3%

Participant deferral / active EE

$1,107

$3,110-64.4%

$3,987-72.2%

$4,291-74.2%

Admin fee / account holder

$23

$1,921-98.8%

$6,856-99.7%

$1,588-98.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.8 years

Service code 15 · EIN 23-1945930

Recordkeeping

$4,415

NAME BRANDS, INC EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAME BRANDS, INC EMPLOYEES 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