Retirement plan

FRERES LUMBER CO., INC. SAVINGS AND PROFIT SHARING PLAN

Name: FRERES LUMBER CO., INC. - FRERES LUMBER CO., INC. SAVINGS AND PROFIT SHARING PLAN (2016) Form 5500
Creator: FRERES LUMBER CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRERES LUMBER CO., INC. SAVINGS AND PROFIT SHARING PLAN, FRERES LUMBER CO., INC.

FRERES LUMBER CO., INC.EIN 93-0357299Plan #001PY 2016

PO BOX 276 - LYONS, OR 973580276

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$31.6M

+4.1% from 2015

Total participants

474

+12.9% from 2015

Average account balance

$79,920

+10.7% from 2015

Annual return

7.16%

+9.32 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.03M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

379

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.

63.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.70M

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

+10.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$119

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$39,836
PENSION ASSURANCE LLP2+ years Filed as: PENSION PLANNERS NORTHWEST Service code 49 · EIN 93-1160402	Other Services	$14,495

Plan features & details

Pension benefit codes2A2E2H2J2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$40K

$89 / participant

Other / not subdivided$40K100.0%

% of EOY assets

0.126%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BOLDT CARLISLE SMITH
Auditor EIN: 930570615
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,920

$74,024+8.0%

$78,002+2.5%

$57,658+38.6%

Participation rate

82.3%

79.7%+2.6pp

75.5%+6.8pp

70.2%+12.1pp

Annual return

7.16%

12.14%-5.0pp

425.99%-418.8pp

5.13%+2.0pp

Employer contribution / active EE

$2,287

$2,365-3.3%

$2,470-7.4%

$1,974+15.9%

Participant deferral / active EE

$1,453

$3,533-58.9%

$3,497-58.5%

$3,061-52.5%

Admin fee / account holder

$101

$93+8.2%

$5,481-98.2%

$95+6.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$39,836

PENSION ASSURANCE LLP2+ years

Filed as: PENSION PLANNERS NORTHWEST

Service code 49 · EIN 93-1160402

Other Services

$14,495

FRERES LUMBER CO., INC. SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRERES LUMBER CO., INC. SAVINGS AND PROFIT SHARING 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