Retirement plan

GLEN GOLDBAUMS LAMBS & WOLVES 401(K) PROFIT SHARING PLAN & TRUST

Name: GLEN GOLDBAUM'S LAMBS & WOLVES DEN OF BEAUTY, LLC - GLEN GOLDBAUMS LAMBS & WOLVES 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: GLEN GOLDBAUM'S LAMBS & WOLVES DEN OF BEAUTY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLEN GOLDBAUMS LAMBS & WOLVES 401(K) PROFIT SHARING PLAN & TRUST, GLEN GOLDBAUM'S LAMBS & WOLVES DEN OF BEAUTY, LLC

GLEN GOLDBAUM'S LAMBS & WOLVES DEN OF BEAUTY, LLCEIN 90-0544075Plan #001PY 2023

200 MONMOUTH ST. - RED BANKS, NJ 07701732-530-5588

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$552K

+95.7% from 2022

Total participants

+10.0% from 2022

Average account balance

$11,505

+83.4% from 2022

Annual return

24.84%

+34.89 pp from 2022

Benchmarks

See 1,316 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort1,316 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

78.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$197K

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

+19.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$25 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.192%

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

$11,505

$22,602-49.1%

$65,566-82.5%

$75,173-84.7%

Participation rate

83.3%

63.1%+20.3pp

64.9%+18.4pp

67.2%+16.1pp

Annual return

24.84%

71.13%-46.3pp

47.40%-22.6pp

160.72%-135.9pp

Employer contribution / active EE

$941-100.0%

$1,692-100.0%

$2,671-100.0%

Participant deferral / active EE

$4,759

$1,695+180.8%

$2,832+68.0%

$4,126+15.3%

Admin fee / account holder

$22

$1,877-98.8%

$4,114-99.5%

$5,651-99.6%

GLEN GOLDBAUMS LAMBS & WOLVES 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLEN GOLDBAUMS LAMBS & WOLVES 401(K) PROFIT SHARING PLAN & TRUST

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