Retirement plan

THE FIKES COMPANIES PROFIT SHARING PLAN & TRUST

Name: FIKES WHOLESALE INC. - THE FIKES COMPANIES PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: FIKES WHOLESALE INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE FIKES COMPANIES PROFIT SHARING PLAN & TRUST, FIKES WHOLESALE INC.

FIKES WHOLESALE INC.EIN 74-1857841Plan #001PY 2024

6261 CENTRAL POINTE PKWY - TEMPLE, TX 76504254-791-0009LinkedIn51-200 employeesoil & energy

Prospect flagsLow returnsLow participation

Top hat statement on fileNQDC

Filed March 23, 2014

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$10.4M

-27.7% from 2023

Total participants

721

-45.8% from 2023

Average account balance

$41,433

-24.5% from 2023

Annual return

-32.62%

-51.36 pp from 2023

Benchmarks

See 1,307 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,307 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.44M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

252

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.

31.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.94M

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

-32.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 10 of 13 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC8 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$5,085
ALLIANCE PENSION CONSULTANTS, LLC2 years Filed as: ALLIANCE GLOBAL FUNDS Service code 28 · EIN 13-3191825	Investment Management	$0
AMERICAN CENTURY6 years Service code 28 · EIN 20-0623152	Investment Management	$0
AMERICAN FUNDS8 years Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK7 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO8 years Service code 28 · EIN 26-4521338	Investment Management	$0
JANUS HENDERSON7 years Filed as: JANUS FUNDS Service code 28 · EIN 43-1804048	Investment Management	$0
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK FUNDS Service code 28 · EIN 04-3483032	Investment Management	$0
PIMCO FUNDS8 years Service code 28 · EIN 33-0629048	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 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.

Expense breakdown

Schedule H Part II

Admin total

$5K

$7 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.049%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JAYNES REITMEIER BOYD AND THERRELL
Auditor EIN: 742533381
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,433

$54,213-23.6%

$93,696-55.8%

$77,736-46.7%

Participation rate

31.0%

64.0%-32.9pp

68.7%-37.7pp

70.6%-39.6pp

Annual return

-32.62%

30.55%-63.2pp

133.74%-166.4pp

31.26%-63.9pp

Employer contribution / active EE

$999

$1,168-14.5%

$2,422-58.8%

$2,728-63.4%

Participant deferral / active EE

$1,850

$3,145-41.2%

$4,417-58.1%

$4,651-60.2%

Admin fee / account holder

$20

$575-96.5%

$8,287-99.8%

$433-95.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC8 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$5,085

ALLIANCE PENSION CONSULTANTS, LLC2 years

Filed as: ALLIANCE GLOBAL FUNDS

Service code 28 · EIN 13-3191825

Investment Management

AMERICAN CENTURY6 years

Service code 28 · EIN 20-0623152

Investment Management

AMERICAN FUNDS8 years

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK7 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

INVESCO8 years

Service code 28 · EIN 26-4521338

Investment Management

JANUS HENDERSON7 years

Filed as: JANUS FUNDS

Service code 28 · EIN 43-1804048

Investment Management

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK FUNDS

Service code 28 · EIN 04-3483032

Investment Management

PIMCO FUNDS8 years

Service code 28 · EIN 33-0629048

Investment Management

THE FIKES COMPANIES PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE FIKES COMPANIES PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

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