Retirement plan

PROFIT SHARING PLAN AND TRUST AGREEMENT OF GOLDEN NORTH VAN LINES, INC.

Name: GOLDEN NORTH VAN LINES, INC. - PROFIT SHARING PLAN AND TRUST AGREEMENT OF GOLDEN NORTH VAN LINES, INC. (2024) Form 5500
Creator: GOLDEN NORTH VAN LINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN AND TRUST AGREEMENT OF GOLDEN NORTH VAN LINES, INC., GOLDEN NORTH VAN LINES, INC.

GOLDEN NORTH VAN LINES, INC.EIN 92-0048455Plan #001PY 2024

P.O. BOX 90176 - ANCHORAGE, AK 99509907-349-3511goldennorthvanlines.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$5.6M

+10.5% from 2023

Total participants

+5.7% from 2023

Average account balance

$90,479

+15.8% from 2023

Annual return

9.00%

-3.83 pp from 2023

Benchmarks

See 4,589 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,589 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.61M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

103.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2401

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 codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$149K

$2481 / participant

Other / not subdivided$149K100.0%

% of EOY assets

2.654%

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

$90,479

$55,889+61.9%

$76,119+18.9%

$80,935+11.8%

Participation rate

80.0%

62.1%+17.9pp

69.1%+10.9pp

67.7%+12.3pp

Annual return

9.00%

20.58%-11.6pp

361.25%-352.2pp

35.66%-26.7pp

Employer contribution / active EE

$2,500

$1,866+34.0%

$2,693-7.2%

$2,757-9.3%

Participant deferral / active EE

$612

$3,051-79.9%

$4,259-85.6%

$4,299-85.8%

Admin fee / account holder

$2,401

$5,241-54.2%

$6,421-62.6%

$6,924-65.3%

PROFIT SHARING PLAN AND TRUST AGREEMENT OF GOLDEN NORTH VAN LINES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN AND TRUST AGREEMENT OF GOLDEN NORTH VAN LINES, INC.

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