Retirement plan

GIBSONS PRODUCTS CO. OF KERRVILLE, INC. EMPLOYEE PROFIT SHARING PLAN

Name: GIBSONS PRODUCTS COMPANY OF KERRVILLE, INC. - GIBSONS PRODUCTS CO. OF KERRVILLE, INC. EMPLOYEE PROFIT SHARING PLAN (2022) Form 5500
Creator: GIBSONS PRODUCTS COMPANY OF KERRVILLE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIBSONS PRODUCTS CO. OF KERRVILLE, INC. EMPLOYEE PROFIT SHARING PLAN, GIBSONS PRODUCTS COMPANY OF KERRVILLE, INC.

GIBSONS PRODUCTS COMPANY OF KERRVILLE, INC.EIN 74-1593920Plan #001PY 2022

P. O. BOX 290110 - KERRVILLE, TX 780290110830-257-3511LinkedIn11-50 employeesretail

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$233K

+4.8% from 2021

Total participants

-10.3% from 2021

Average account balance

$6,657

+16.8% from 2021

Annual return

-4.19%

-26.33 pp from 2021

Benchmarks

See 9,018 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,018 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$166K

Not enough data

1 years with asset history on file

Average account balance

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

$6K

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.

103.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$741

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

+6.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2335

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 codes2E2G2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$374 / participant

Other / not subdivided$5K100.0%

% of EOY assets

2.249%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$6,657

$106,549-93.8%

$91,225-92.7%

$134,509-95.1%

Participation rate

100.0%

76.8%+23.2pp

73.2%+26.8pp

81.2%+18.8pp

Annual return

-4.19%

160.73%-164.9pp

114.10%-118.3pp

418.13%-422.3pp

Employer contribution / active EE

$1,429

$3,331-57.1%

$2,851-49.9%

$4,741-69.9%

Participant deferral / active EE

$4,719-100.0%

$4,234-100.0%

$6,400-100.0%

Admin fee / account holder

$150

$6,234-97.6%

$5,422-97.2%

$11,427-98.7%

GIBSONS PRODUCTS CO. OF KERRVILLE, INC. EMPLOYEE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIBSONS PRODUCTS CO. OF KERRVILLE, INC. EMPLOYEE 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