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. (2016) 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 2016

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)

$3.4M

+2.3% from 2015

Total participants

+7.2% from 2015

Average account balance

$53,413

-4.1% from 2015

Annual return

3.00%

+5.36 pp from 2015

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

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

$257K

$3775 / participant

Other / not subdivided$257K100.0%

% of EOY assets

7.510%

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

$53,413

$47,944+11.4%

$67,834-21.3%

$62,881-15.1%

Participation rate

85.3%

61.1%+24.2pp

68.8%+16.5pp

69.3%+16.0pp

Annual return

3.00%

11.77%-8.8pp

138.47%-135.5pp

20.14%-17.1pp

Employer contribution / active EE

$3,136

$1,562+100.7%

$2,403+30.5%

$2,281+37.5%

Participant deferral / active EE

$306

$2,247-86.4%

$3,160-90.3%

$3,203-90.4%

Admin fee / account holder

$4,011

$3,712+8.1%

$4,622-13.2%

$4,296-6.6%

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