Retirement plan

AMERICAN LUMBER 401(K) PROFIT SHARING PLAN

Name: THE AMERICAN TRADE GROUP, INC. - AMERICAN LUMBER 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: THE AMERICAN TRADE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN LUMBER 401(K) PROFIT SHARING PLAN, THE AMERICAN TRADE GROUP, INC.

THE AMERICAN TRADE GROUP, INC.EIN 74-2733128Plan #001PY 2015

P. O. DRAWER 5220 - UVALDE, TX 78802979-779-1900LinkedIn1-10 employeesreal estate

Prospect flagsLow returnsLow assets / participantLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.5M

No prior year

Total participants

141

No prior year

Average account balance

$10,722

No prior year

Annual return

-4.11%

No prior year

Benchmarks

See 8,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,335 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$5.99M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

74.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$707K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2205

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
SEIDEL SCHROEDER1+ years Service code 15 · EIN 74-2052353	Recordkeeping	$805
THE GUARDIAN INSURANCE & ANNUITY CO1+ years Service code 15 · EIN 13-2656036	Recordkeeping	$44
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

4 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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

$3K

$55 / participant

Contract admin$3K100.0%

% of EOY assets

0.193%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PATTILLO, BROWN & HILL, L.L.P.
Auditor EIN: 741130599
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,722

$65,703-83.7%

$94,224-88.6%

$59,632-82.0%

Participation rate

92.2%

72.1%+20.0pp

78.8%+13.4pp

68.7%+23.5pp

Annual return

-4.11%

5.22%-9.3pp

10.68%-14.8pp

2041.28%-2045.4pp

Employer contribution / active EE

$1,242

$2,021-38.5%

$3,587-65.4%

$2,203-43.6%

Participant deferral / active EE

$2,634

$3,143-16.2%

$4,320-39.0%

$3,192-17.5%

Admin fee / account holder

$21

$4,264-99.5%

$6,269-99.7%

$4,297-99.5%

Provider

Service type

Compensation

SEIDEL SCHROEDER1+ years

Service code 15 · EIN 74-2052353

Recordkeeping

$805

THE GUARDIAN INSURANCE & ANNUITY CO1+ years

Service code 15 · EIN 13-2656036

Recordkeeping

$44

ASCENSUS LLC1+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

AMERICAN LUMBER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN LUMBER 401(K) 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