Retirement plan

CHRISTIAN BRANDS, INC. RETIREMENT SAVINGS PLAN

Name: CHRISTIAN BRANDS, INC. - CHRISTIAN BRANDS, INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: CHRISTIAN BRANDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHRISTIAN BRANDS, INC. RETIREMENT SAVINGS PLAN, CHRISTIAN BRANDS, INC.

CHRISTIAN BRANDS, INC.EIN 86-0203309Plan #001PY 2016

5226 S 31ST PLACE - PHOENIX, AZ 85040602-441-1415cbcgroupco.comLinkedIn201-500 employeeswholesale

Prospect flagsLow returnsLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$3.8M

+13.9% from 2015

Total participants

174

+11.5% from 2015

Average account balance

$25,151

-18.8% from 2015

Annual return

3.04%

+6.14 pp from 2015

Benchmarks

See 438 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort438 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.45M

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.

281

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$751K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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 8 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,657
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: AMEGY INVESTMENTS INC Service code 55 4400 POST OAK PKY · HOUSTON, TX 77027	Other Commissions	$7,199
LINSCO/PRIVATE LEDGER CORP1 year Service code 55 9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121	Other Commissions	$5,211
ABD RETIREMENT SERVICES INC2+ years Service code 55	Other Commissions	$4,102
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$3,069
WALLACE PLESE & DREHER, LLP1 year Service code 10 3933 S. MCCLINTOCK DR · TEMPE, AZ 85282	Accounting	$400
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$10
ABD RETIREMENT SERVICES INC1 year Filed as: ABD RETIREMENT SERVICES Service code 55 450 SANSOME ST STE 300 · SAN FRANCSISCO, CA 94111	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.

Opportunity flags

4 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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).

Expense breakdown

Schedule H Part II

Admin total

$14K

$105 / participant

Investment mgmt$100.1%
Contract admin$14K97.1%
Other / not subdivided$4002.8%

% of EOY assets

0.367%

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: WALLACE PLESE AND DREHER
Auditor EIN: 860841383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,151

$42,772-41.2%

$87,502-71.3%

$55,167-54.4%

Participation rate

84.3%

66.5%+17.8pp

73.8%+10.5pp

69.0%+15.3pp

Annual return

3.04%

21.20%-18.2pp

12.21%-9.2pp

169.23%-166.2pp

Employer contribution / active EE

$531

$1,277-58.4%

$2,550-79.2%

$1,963-72.9%

Participant deferral / active EE

$2,669

$2,342+13.9%

$3,149-15.2%

$3,054-12.6%

Admin fee / account holder

$92

$461-80.0%

$4,221-97.8%

$504-81.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,657

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: AMEGY INVESTMENTS INC

Service code 55

4400 POST OAK PKY · HOUSTON, TX 77027

Other Commissions

$7,199

LINSCO/PRIVATE LEDGER CORP1 year

Service code 55

9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121

Other Commissions

$5,211

ABD RETIREMENT SERVICES INC2+ years

Service code 55

Other Commissions

$4,102

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$3,069

WALLACE PLESE & DREHER, LLP1 year

Service code 10

3933 S. MCCLINTOCK DR · TEMPE, AZ 85282

Accounting

$400

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$10

ABD RETIREMENT SERVICES INC1 year

Filed as: ABD RETIREMENT SERVICES

Service code 55

450 SANSOME ST STE 300 · SAN FRANCSISCO, CA 94111

Other Commissions

CHRISTIAN BRANDS, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHRISTIAN BRANDS, INC. RETIREMENT SAVINGS 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