Retirement plan

PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST

Name: PLYWOOD SUPPLY, INC. - PLYWOOD SUPPLY, INC. PROFIT SHARING PLAN AND TRUST (2023) 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 2023

P.O BOX 82300 - KENMORE, WA 98028425-485-8585

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.7M

+38.9% from 2022

Total participants

118

+0.9% from 2022

Average account balance

$128,408

+40.2% from 2022

Annual return

23.02%

+42.48 pp from 2022

Benchmarks

See 9,210 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,210 peers

Snapshot2023

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$416K

$5017 / participant

Other / not subdivided$416K100.0%

% of EOY assets

3.031%

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

$128,408

$91,536+40.3%

$130,062-1.3%

$75,177+70.8%

Participation rate

86.7%

71.5%+15.3pp

78.5%+8.2pp

67.2%+19.5pp

Annual return

23.02%

-631.62%+654.6pp

-137.37%+160.4pp

160.75%-137.7pp

Employer contribution / active EE

$19,277

$2,845+577.6%

$4,322+346.0%

$2,671+621.7%

Participant deferral / active EE

$4,327

$4,343-0.4%

$5,821-25.7%

$4,126+4.9%

Admin fee / account holder

$3,892

$6,780-42.6%

$10,601-63.3%

$5,651-31.1%

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