Retirement plan

EMPLOYEE-OWNED COMPANIES, INC. 401(K) PROFIT SHARING PLAN

Name: EMPLOYEE-OWNED COMPANIES, INC. - EMPLOYEE-OWNED COMPANIES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: EMPLOYEE-OWNED COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE-OWNED COMPANIES, INC. 401(K) PROFIT SHARING PLAN, EMPLOYEE-OWNED COMPANIES, INC.

EMPLOYEE-OWNED COMPANIES, INC.EIN 81-2641950Plan #001PY 2016

3025 N. STATE HWY. 161 - IRVING, TX 75062972-255-3500LinkedIn201-500 employeesreal estate

Other plans on this EIN

1 filing

#002Retirement-$59.9M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed July 31, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

3025 N. State Hwy. 161

Irving State: TX Zip Code: 75062

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Plans declared (1)

Employee-Owned Companies, Inc. Deferred Compensation Plan14 emp

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Total assets (EOY)

$10.6M

No prior year

Total participants

287

No prior year

Average account balance

$40,151

No prior year

Annual return

20.60%

No prior year

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.51M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

499

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+34.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$189

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
BOKF, NA1+ years Service code 19 P.O. BOX 880 · TULSA, OK 74101	Securities Custodian	$15,030
BDO USA, LLP1+ years Service code 10 700 N. PEARL ST., SUITE 2000 · DALLAS, TX 75201	Accounting	$11,356

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

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

$26K

$108 / participant

Contract admin$26K100.0%

% of EOY assets

0.250%

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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,151

$63,924-37.2%

$108,582-63.0%

$55,167-27.2%

Participation rate

90.2%

74.3%+15.9pp

79.6%+10.6pp

69.0%+21.2pp

Annual return

20.60%

15.31%+5.3pp

-51.70%+72.3pp

169.23%-148.6pp

Employer contribution / active EE

$2,757

$1,879+46.7%

$3,758-26.6%

$1,963+40.5%

Participant deferral / active EE

$4,292

$3,067+39.9%

$4,311-0.4%

$3,054+40.5%

Admin fee / account holder

$100

$618-83.8%

$7,645-98.7%

$504-80.1%

Provider

Service type

Compensation

BOKF, NA1+ years

Service code 19

P.O. BOX 880 · TULSA, OK 74101

Securities Custodian

$15,030

BDO USA, LLP1+ years

Service code 10

700 N. PEARL ST., SUITE 2000 · DALLAS, TX 75201

Accounting

$11,356

EMPLOYEE-OWNED COMPANIES, INC. 401(K) PROFIT SHARING 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

EMPLOYEE-OWNED COMPANIES, INC. 401(K) PROFIT SHARING 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