Retirement plan

GENERAL DISTRIBUTING COMPANY RETIREMENT PLAN

Name: GENERAL DISTRIBUTING COMPANY - GENERAL DISTRIBUTING COMPANY RETIREMENT PLAN (2016) Form 5500
Creator: GENERAL DISTRIBUTING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL DISTRIBUTING COMPANY RETIREMENT PLAN, GENERAL DISTRIBUTING COMPANY

GENERAL DISTRIBUTING COMPANYEIN 81-0226272Plan #003PY 2016

PO BOX 2606 - GREAT FALLS, MT 59403406-454-1351gendco.comLinkedIn51-200 employeeswholesale

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed April 29, 2016

Plan administrator

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PO Box 2606

Great Falls State: MT Zip Code: 59403

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Plans declared (1)

General Distributing Co. Supplemental Executive Retirement Plan1 emp

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Total assets (EOY)

$5M

+13.3% from 2015

Total participants

-14.3% from 2015

Average account balance

$90,142

+48.3% from 2015

Annual return

7.86%

+7.96 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.87M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$704K

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

+15.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5829

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

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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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$155K

$2622 / participant

Other / not subdivided$155K100.0%

% of EOY assets

3.120%

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

$90,142

$69,977+28.8%

$108,582-17.0%

$62,881+43.4%

Participation rate

81.4%

72.9%+8.5pp

79.6%+1.8pp

69.3%+12.1pp

Annual return

7.86%

10.73%-2.9pp

-51.70%+59.6pp

20.14%-12.3pp

Employer contribution / active EE

$2,603

$2,135+21.9%

$3,758-30.7%

$2,281+14.1%

Participant deferral / active EE

$4,008

$3,165+26.7%

$4,311-7.0%

$3,203+25.1%

Admin fee / account holder

$2,813

$5,076-44.6%

$7,645-63.2%

$4,296-34.5%

GENERAL DISTRIBUTING COMPANY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL DISTRIBUTING COMPANY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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