Retirement plan

LSI 401(K) AND PROFIT SHARING PLAN

Name: LUCKY SERVICES - LSI 401(K) AND PROFIT SHARING PLAN (2016) Form 5500
Creator: LUCKY SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LSI 401(K) AND PROFIT SHARING PLAN, LUCKY SERVICES

LUCKY SERVICESEIN 85-0347685Plan #001PY 2016

6210 LOVINGTON HIGHWAY - HOBBS, NM 88240575-392-1546

Prospect flagsLow returnsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$1.4M

No prior year

Total participants

157

No prior year

Average account balance

$11,232

No prior year

Annual return

-3.67%

No prior year

Benchmarks

See 293 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort293 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.32M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

128

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.

51.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$460K

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

+11.37%

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSMUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850	Recordkeeping	$0
PENTEC PENSION MANAGEMENT GROUP INC1+ years Service code 13 · EIN 75-2776689	Contract Administrator	$0
WOODBURY FINANCIAL SERVICES1+ years Filed as: WOODBURY FINANCIAL SERVICES INC Service code 33 · EIN 41-0944586	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F

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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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: JOHNSON, MILLER & CO.
Auditor EIN: 850214336
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,232

$61,616-81.8%

$105,754-89.4%

$55,167-79.6%

Participation rate

70.6%

72.9%-2.3pp

78.9%-8.3pp

69.0%+1.7pp

Annual return

-3.67%

11.15%-14.8pp

12.25%-15.9pp

169.23%-172.9pp

Employer contribution / active EE

$838

$3,043-72.5%

$4,079-79.5%

$1,963-57.3%

Participant deferral / active EE

$1,535

$4,213-63.6%

$5,326-71.2%

$3,054-49.7%

Admin fee / account holder

$379-100.0%

$8,309-100.0%

$504-100.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSMUTUAL LIFE INSURANCE CO

Service code 15 · EIN 04-1590850

Recordkeeping

PENTEC PENSION MANAGEMENT GROUP INC1+ years

Service code 13 · EIN 75-2776689

Contract Administrator

WOODBURY FINANCIAL SERVICES1+ years

Filed as: WOODBURY FINANCIAL SERVICES INC

Service code 33 · EIN 41-0944586

Securities brokerage

LSI 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LSI 401(K) AND PROFIT SHARING 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