Retirement plan

IEDS LOGISTICS 401K PLAN

Name: INLAND EMPIRE DISTRIBUTION SYSTEMS, INC. - IEDS LOGISTICS 401K PLAN (2022) Form 5500
Creator: INLAND EMPIRE DISTRIBUTION SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IEDS LOGISTICS 401K PLAN, INLAND EMPIRE DISTRIBUTION SYSTEMS, INC.

INLAND EMPIRE DISTRIBUTION SYSTEMS, INC.EIN 91-1229216Plan #001PY 2022

3808 NORTH SULLIVAN RD, BLDG 32 - SPOKANE VALLEY, WA 99216509-242-4419ieds.netLinkedIn51-200 employeeslogistics and supply chain

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.8M

-12.0% from 2021

Total participants

143

+6.7% from 2021

Average account balance

$25,176

-15.2% from 2021

Annual return

-16.82%

-33.73 pp from 2021

Benchmarks

See 162 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort162 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.03M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

58.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$636K

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

+17.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$347

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MML INSURANCE AGENCY LLC Service code 55 4275 EXECUTIVE SQUARE STE 400 · LA JOLIA, CA 92037	Other Commissions	$4,585
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: DYATECH LLC Service code 13 381 HIGHLAND COLONY PKWY · RIDGELAND, MS 391576035	Contract Administrator	$1,386
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$784

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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

$13K

$118 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.457%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,176

$28,601-12.0%

$71,755-64.9%

$66,938-62.4%

Participation rate

69.2%

56.7%+12.5pp

62.3%+6.8pp

69.8%-0.7pp

Annual return

-16.82%

-10.90%-5.9pp

9.09%-25.9pp

1.58%-18.4pp

Employer contribution / active EE

$1,677

$1,104+51.9%

$1,704-1.6%

$2,545-34.1%

Participant deferral / active EE

$2,963

$1,912+55.0%

$2,656+11.6%

$4,238-30.1%

Admin fee / account holder

$115

$506-77.3%

$3,972-97.1%

$594-80.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MML INSURANCE AGENCY LLC

Service code 55

4275 EXECUTIVE SQUARE STE 400 · LA JOLIA, CA 92037

Other Commissions

$4,585

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: DYATECH LLC

Service code 13

381 HIGHLAND COLONY PKWY · RIDGELAND, MS 391576035

Contract Administrator

$1,386

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$784

IEDS LOGISTICS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IEDS LOGISTICS 401K 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