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. (2018) 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 2018

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

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3.5M

-10.2% from 2017

Total participants

+7.9% from 2017

Average account balance

$47,779

-6.5% from 2017

Annual return

-6.70%

-18.01 pp from 2017

Benchmarks

See 3,617 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,617 peers

Snapshot2018

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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$339K

$5749 / participant

Other / not subdivided$339K100.0%

% of EOY assets

9.724%

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

$47,779

$49,280-3.0%

$67,313-29.0%

$64,181-25.6%

Participation rate

84.7%

60.8%+24.0pp

69.1%+15.7pp

69.6%+15.2pp

Annual return

-6.70%

-1.39%-5.3pp

-4.08%-2.6pp

7.63%-14.3pp

Employer contribution / active EE

$2,542

$1,668+52.4%

$2,566-0.9%

$2,381+6.8%

Participant deferral / active EE

$400

$2,484-83.9%

$3,568-88.8%

$3,470-88.5%

Admin fee / account holder

$4,646

$3,863+20.3%

$4,507+3.1%

$4,887-4.9%

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