Retirement plan

TEAM HORNER EMPLOYEE STOCK OWNERSHIP PLAN

Name: TEAM HORNER GROUP, INC. - TEAM HORNER EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: TEAM HORNER GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEAM HORNER EMPLOYEE STOCK OWNERSHIP PLAN, TEAM HORNER GROUP, INC.

TEAM HORNER GROUP, INC.EIN 81-0710190Plan #003PY 2017

5755 POWERLINE ROAD - FT. LAUDERDALE, FL 33309954-772-6966teamhorner.comLinkedIn501-1000 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$18.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.9M

+38.2% from 2016

Total participants

392

0.0% from 2016

Average account balance

$112,302

+38.2% from 2016

Annual return

29.61%

+71.49 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$183.80M

Not enough data

1 years with asset history on file

Average account balance

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

$375K

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.

490

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.

99.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.72M

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

-8.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2P2Q3H3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DASZKAL BOLTON, LLP
Auditor EIN: 650406502
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,302

$71,666+56.7%

$117,861-4.7%

$69,631+61.3%

Participation rate

99.7%

77.5%+22.2pp

79.7%+20.0pp

70.7%+29.0pp

Annual return

29.61%

18.86%+10.8pp

335.11%-305.5pp

27571.02%-27541.4pp

Employer contribution / active EE

$7,857

$1,889+315.9%

$3,786+107.5%

$2,032+286.6%

Participant deferral / active EE

$3,340-100.0%

$4,482-100.0%

$3,224-100.0%

Admin fee / account holder

$120-100.0%

$8,021-100.0%

$110-100.0%

TEAM HORNER EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TEAM HORNER EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion