Retirement plan

INLAND STAR DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN & TRUST

Name: INLAND STAR DISTRIBUTION CENTERS, INC. - INLAND STAR DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN & TRUST (2018) Form 5500
Creator: INLAND STAR DISTRIBUTION CENTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INLAND STAR DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN & TRUST, INLAND STAR DISTRIBUTION CENTERS, INC.

INLAND STAR DISTRIBUTION CENTERS, INC.EIN 77-0069225Plan #003PY 2018

3146 S. CHESTNUT AVENUE - FRESNO, CA 93725559-237-2052inlandstar.comLinkedIn51-200 employeeslogistics and supply chain

Other plans on this EIN

1 filing

#004Retirement-$3.8M assets

Prospect flagsHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.9M

-7.5% from 2017

Total participants

102

+2.0% from 2017

Average account balance

$21,109

-24.1% from 2017

Annual return

-7.04%

-19.03 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

$4.28M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

127.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$480K

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

+18.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6239

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

Top 2 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSMUTUAL RETIREMENT SERVICES Service code 15 · EIN 04-1590850 P.O. BOX 1583 · HARTFORD, CT 061441583	Recordkeeping	$5,648
LPL FINANCIAL1 year Service code 99	Other Fees	$2,281

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$8K

$107 / participant

Contract admin$8K100.0%

% of EOY assets

0.422%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAERG & ASSOCIATES CPAS, LLP
Auditor EIN: 814772345
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,109

$44,103-52.1%

$75,826-72.2%

$64,173-67.1%

Participation rate

82.4%

62.7%+19.7pp

68.2%+14.2pp

69.6%+12.9pp

Annual return

-7.04%

-4.72%-2.3pp

1914.15%-1921.2pp

7.63%-14.7pp

Employer contribution / active EE

$1,441

$1,446-0.3%

$1,913-24.7%

$2,381-39.5%

Participant deferral / active EE

$2,156

$2,204-2.2%

$2,862-24.7%

$3,470-37.9%

Admin fee / account holder

$89

$3,506-97.5%

$4,726-98.1%

$4,887-98.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES

Service code 15 · EIN 04-1590850

P.O. BOX 1583 · HARTFORD, CT 061441583

Recordkeeping

$5,648

LPL FINANCIAL1 year

Service code 99

Other Fees

$2,281

INLAND STAR DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INLAND STAR DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN & TRUST

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