Retirement plan

J. L. STOREDAHL & SONS, INC. 401(K) PLAN AND TRUST

Name: J.L. STOREDAHL & SONS, INC. - J. L. STOREDAHL & SONS, INC. 401(K) PLAN AND TRUST (2021) Form 5500
Creator: J.L. STOREDAHL & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J. L. STOREDAHL & SONS, INC. 401(K) PLAN AND TRUST, J.L. STOREDAHL & SONS, INC.

J.L. STOREDAHL & SONS, INC.EIN 91-0851541Plan #001PY 2021

2233 TALLEY WAY - KELSO, WA 98626360-636-2420LinkedIn1-10 employeesretail

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.3M

+17.4% from 2020

Total participants

-41.1% from 2020

Average account balance

$73,213

+29.3% from 2020

Annual return

16.02%

+3.78 pp from 2020

Benchmarks

See 3,885 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,885 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$87K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.82%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 · EIN 31-4156830	Recordkeeping	$11,365
HUNNEX AND SHOEMAKER, INC.7+ years Service code 13 · EIN 91-1072394	Contract Administrator	$2,700
LPL FINANCIAL4 years Filed as: LPL FINANCIAL CORPORATION Service code 22 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Insurance Broker	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$14K

$147 / participant

Contract admin$11K80.8%
Other / not subdivided$3K19.2%

% of EOY assets

0.326%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VISSE & COMPANY, CPA
Auditor EIN: 542088418
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,213

$62,592+17.0%

$85,709-14.6%

$85,847-14.7%

Participation rate

58.3%

61.1%-2.8pp

69.9%-11.5pp

69.3%-11.0pp

Annual return

16.02%

23.77%-7.7pp

21.49%-5.5pp

318.61%-302.6pp

Employer contribution / active EE

$472

$1,755-73.1%

$2,619-82.0%

$2,565-81.6%

Participant deferral / active EE

$2,484

$2,802-11.4%

$3,924-36.7%

$3,952-37.2%

Admin fee / account holder

$238

$4,643-94.9%

$6,876-96.5%

$6,261-96.2%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15 · EIN 31-4156830

Recordkeeping

$11,365

HUNNEX AND SHOEMAKER, INC.7+ years

Service code 13 · EIN 91-1072394

Contract Administrator

$2,700

LPL FINANCIAL4 years

Filed as: LPL FINANCIAL CORPORATION

Service code 22

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Insurance Broker

J. L. STOREDAHL & SONS, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J. L. STOREDAHL & SONS, INC. 401(K) 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