Retirement plan

NORTHPORT DISTRIBUTION PROFIT SHARING PLAN

Name: NORTHPORT DISTRIBUTION LLC - NORTHPORT DISTRIBUTION PROFIT SHARING PLAN (2018) Form 5500
Creator: NORTHPORT DISTRIBUTION LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHPORT DISTRIBUTION PROFIT SHARING PLAN, NORTHPORT DISTRIBUTION LLC

NORTHPORT DISTRIBUTION LLCEIN 76-0825890Plan #001PY 2018

101 SOUTH KING ST. - GLOUCESTER CITY, NJ 08030856-742-3171LinkedIn11-50 employeespackage/freight delivery

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$385K

+18.0% from 2017

Total participants

-10.3% from 2017

Average account balance

$11,004

+1.1% from 2017

Annual return

-8.16%

-28.23 pp from 2017

Benchmarks

See 458 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort458 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

146.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$291K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+19.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3803

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 codes2E3D2G2J2F2T3H

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.
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

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

$3K

$94 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.753%

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

$11,004

$44,103-75.0%

$75,826-85.5%

$64,173-82.9%

Participation rate

100.0%

62.7%+37.3pp

68.2%+31.8pp

69.6%+30.4pp

Annual return

-8.16%

-4.72%-3.4pp

1914.15%-1922.3pp

7.63%-15.8pp

Employer contribution / active EE

$2,842

$1,446+96.6%

$1,913+48.5%

$2,381+19.4%

Participant deferral / active EE

$2,204-100.0%

$2,862-100.0%

$3,470-100.0%

Admin fee / account holder

$83

$3,506-97.6%

$4,726-98.2%

$4,887-98.3%

NORTHPORT DISTRIBUTION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHPORT DISTRIBUTION 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