Retirement plan

SAV-MOR LEATHER & SUPPLY CORP. 401 (K) PROFIT SHARING PLAN

Name: SAV-MOR LEATHER & SUPPLY CORP. - SAV-MOR LEATHER & SUPPLY CORP. 401 (K) PROFIT SHARING PLAN (2023) Form 5500
Creator: SAV-MOR LEATHER & SUPPLY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAV-MOR LEATHER & SUPPLY CORP. 401 (K) PROFIT SHARING PLAN, SAV-MOR LEATHER & SUPPLY CORP.

SAV-MOR LEATHER & SUPPLY CORP.EIN 95-2755711Plan #003PY 2023

1626 S WALL STREET - LOS ANGELES, CA 90015213-749-3468savmorleather.comLinkedIn11-50 employeesretail

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$1.2M

+0.3% from 2022

Total participants

0.0% from 2022

Average account balance

$305,909

+0.3% from 2022

Annual return

-3.84%

-12.70 pp from 2022

Benchmarks

See 4,366 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,366 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$399K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$154

$39 / participant

Other / not subdivided$154100.0%

% of EOY assets

0.013%

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

$305,909

$95,580+220.1%

$76,872+297.9%

$139,466+119.3%

Participation rate

100.0%

74.0%+26.0pp

69.6%+30.4pp

80.3%+19.7pp

Annual return

-3.84%

55.00%-58.8pp

37.90%-41.7pp

373.66%-377.5pp

Employer contribution / active EE

$12,500

$3,145+297.4%

$2,533+393.4%

$4,754+162.9%

Participant deferral / active EE

$4,623-100.0%

$3,832-100.0%

$6,712-100.0%

Admin fee / account holder

$39

$8,302-99.5%

$5,476-99.3%

$11,409-99.7%

SAV-MOR LEATHER & SUPPLY CORP. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAV-MOR LEATHER & SUPPLY CORP. 401 (K) 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