Retirement plan

NOR- MAR, INC. PROFIT SHARING PLAN

Name: NOR-MAR, INC. - NOR- MAR, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: NOR-MAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOR- MAR, INC. PROFIT SHARING PLAN, NOR-MAR, INC.

NOR-MAR, INC.EIN 84-0583926Plan #005PY 2017

6550 GUNPARK DRIVE - BOULDER, CO 80301303-581-0300LinkedIn501-1000 employeesrestaurants

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$4.2M

+1.5% from 2016

Total participants

316

-26.0% from 2016

Average account balance

$33,285

+3.9% from 2016

Annual return

13.08%

+6.81 pp from 2016

Benchmarks

See 698 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort698 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

525.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2963

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$25,256
LEGACY BENEFIT SERVICES3+ years Service code 13 · EIN 71-0948945 5670 GREENWOOD PLAZA BLVD STE350 · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$4,311
CAMBRIDGE INVESTMENT RESEARCH3+ years Filed as: CAMBRIDGE Service code 55 · EIN 42-1445429 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Other Commissions	$0

Plan features & details

Pension benefit codes2G2F2J2K3H3D2E

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$117 / participant

Investment mgmt$24K81.8%
Contract admin$5K18.2%

% of EOY assets

0.699%

all-in expense ratio

Categories reported

2 / 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: ANTON COLLINS MITCHELL LLP
Auditor EIN: 010724563
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,285

$28,416+17.1%

$73,550-54.7%

$69,631-52.2%

Participation rate

25.3%

38.3%-13.0pp

54.9%-29.6pp

70.7%-45.4pp

Annual return

13.08%

-694.13%+707.2pp

-15.16%+28.2pp

27571.02%-27557.9pp

Employer contribution / active EE

$485

$430+12.7%

$1,219-60.2%

$2,032-76.1%

Participant deferral / active EE

$914

$897+1.9%

$1,804-49.3%

$3,224-71.6%

Admin fee / account holder

$233

$104+123.1%

$2,320-90.0%

$110+110.8%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$25,256

LEGACY BENEFIT SERVICES3+ years

Service code 13 · EIN 71-0948945

5670 GREENWOOD PLAZA BLVD STE350 · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$4,311

CAMBRIDGE INVESTMENT RESEARCH3+ years

Filed as: CAMBRIDGE

Service code 55 · EIN 42-1445429

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Other Commissions

NOR- MAR, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOR- MAR, INC. PROFIT SHARING 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