Retirement plan

ARLO G. LOTT TRUCKING, INC. 401(K) PLAN

Name: ARLO G. LOTT TRUCKING, INC. - ARLO G. LOTT TRUCKING, INC. 401(K) PLAN (2023) Form 5500
Creator: ARLO G. LOTT TRUCKING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARLO G. LOTT TRUCKING, INC. 401(K) PLAN, ARLO G. LOTT TRUCKING, INC.

ARLO G. LOTT TRUCKING, INC.EIN 82-0410586Plan #002PY 2023

257 S 100 E - JEROME, ID 833386507208-324-5053arloglotttrucking.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsHigh retiree %Failed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$3.2M

+20.1% from 2022

Total participants

187

-3.6% from 2022

Average account balance

$19,256

+14.3% from 2022

Annual return

15.57%

+29.18 pp from 2022

Benchmarks

See 1,234 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.51M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

162

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.

87.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$562K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$248

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

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,877
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Service code 27 PO BOX 735399 · DALLAS, TX 753735399	Advisory (Plan)	$13,968
ASCENSUS LLC4 years Filed as: DWC ERISA CONSULTANTS LLC Service code 13 · EIN 26-2091417 PO BOX 241267 · ST. PAUL, MN 55124	Contract Administrator	$3,400
RESOURCES INVESTMENT ADVISORS LLC6 years Filed as: RESOURCES INVESTMENT ADVISORS Service code 28 · EIN 43-1451524 4860 COLLEGE BLVD STE 100 · LEAWOOD, KS 66211	Investment Management	$1,119

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$34K

$248 / participant

Recordkeeping$15K44.1%
Investment mgmt$15K44.7%
Contract admin$4K11.2%

% of EOY assets

1.062%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COOPER NORMAN
Auditor EIN: 820343828
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,256

$51,166-62.4%

$70,544-72.7%

$71,511-73.1%

Participation rate

83.8%

59.4%+24.5pp

68.4%+15.5pp

67.9%+15.9pp

Annual return

15.57%

42.71%-27.1pp

32.79%-17.2pp

28.86%-13.3pp

Employer contribution / active EE

$1,083

$1,793-39.6%

$2,976-63.6%

$2,589-58.2%

Participant deferral / active EE

$3,215

$3,031+6.1%

$4,568-29.6%

$4,291-25.1%

Admin fee / account holder

$204

$2,000-89.8%

$6,427-96.8%

$1,588-87.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,877

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Service code 27

PO BOX 735399 · DALLAS, TX 753735399

Advisory (Plan)

$13,968

ASCENSUS LLC4 years

Filed as: DWC ERISA CONSULTANTS LLC

Service code 13 · EIN 26-2091417

PO BOX 241267 · ST. PAUL, MN 55124

Contract Administrator

$3,400

RESOURCES INVESTMENT ADVISORS LLC6 years

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 28 · EIN 43-1451524

4860 COLLEGE BLVD STE 100 · LEAWOOD, KS 66211

Investment Management

$1,119

ARLO G. LOTT TRUCKING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARLO G. LOTT TRUCKING, INC. 401(K) 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