Retirement plan

PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST

Name: PLYWOOD SUPPLY, INC. - PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: PLYWOOD SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST, PLYWOOD SUPPLY, INC.

PLYWOOD SUPPLY, INC.EIN 91-0642463Plan #001PY 2020

P.O. BOX 82300 7036 NE 175TH STREET - KENMORE, WA 98028425-485-8585

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$8.7M

+0.2% from 2019

Total participants

117

+5.4% from 2019

Average account balance

$82,525

-10.3% from 2019

Annual return

12.34%

-5.76 pp from 2019

Benchmarks

See 9,207 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,207 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.84M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

102

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.

124.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+11.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23948

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 codes2E2F2G2J2T

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2.0M

$24269 / participant

Other / not subdivided$2M100.0%

% of EOY assets

22.686%

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

$82,525

$91,559-9.9%

$133,978-38.4%

$79,856+3.3%

Participation rate

85.2%

73.3%+11.8pp

79.8%+5.3pp

69.6%+15.5pp

Annual return

12.34%

61.85%-49.5pp

45.10%-32.8pp

31.71%-19.4pp

Employer contribution / active EE

$7,901

$2,384+231.5%

$3,919+101.6%

$2,471+219.7%

Participant deferral / active EE

$3,391

$3,734-9.2%

$5,047-32.8%

$3,741-9.3%

Admin fee / account holder

$18,722

$6,321+196.2%

$8,930+109.7%

$5,306+252.8%

PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND 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