Retirement plan

ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS BULBS 401(K) PLAN

Name: ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS - ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS BULBS 401(K) PLAN (2019) Form 5500
Creator: ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS BULBS 401(K) PLAN, ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS

ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUSEIN 83-3699709Plan #001PY 2019

6240 14TH STREET WEST - BRADENTON, FL 34207239-989-3121

Other plans on this EIN

1 filing

#002Retirement-$1.5M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$714K

No prior year

Total participants

No prior year

Average account balance

$37,576

No prior year

Annual return

21.32%

No prior year

Benchmarks

See 9,366 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,366 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4594

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 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1+ years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290	Contract Administrator	$3,577

Plan features & details

Pension benefit codes2E2J2K2G2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$346K

$12360 / participant

Other / not subdivided$346K100.0%

% of EOY assets

48.475%

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

$37,576

$58,493-35.8%

$84,021-55.3%

$72,975-48.5%

Participation rate

42.9%

61.2%-18.4pp

69.0%-26.2pp

69.5%-26.6pp

Annual return

21.32%

28.93%-7.6pp

71.32%-50.0pp

81.01%-59.7pp

Employer contribution / active EE

$863

$1,163-25.8%

$1,984-56.5%

$2,440-64.6%

Participant deferral / active EE

$2,371

$2,394-0.9%

$3,239-26.8%

$3,608-34.3%

Admin fee / account holder

$18,215

$4,569+298.7%

$6,102+198.5%

$5,124+255.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Filed as: PRINCIPAL LIFE INSURANCE CO

Service code 13 · EIN 42-0127290

Contract Administrator

$3,577

ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS BULBS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCK FAMILY ENTERPRISES, INC., DBA BATTERIES PLUS BULBS 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