Retirement plan

LMC ENTERPRISES 401(K) PLAN

Name: LMC ENTERPRISES - LMC ENTERPRISES 401(K) PLAN (2016) Form 5500
Creator: LMC ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LMC ENTERPRISES 401(K) PLAN, LMC ENTERPRISES

LMC ENTERPRISESEIN 95-3093555Plan #002PY 2016

6401 E. ALONDRA BLVD - PARAMOUNT, CA 907233758562-602-2116

Other plans on this EIN

1 filing

#001Retirement-$16.6M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.4M

+3.1% from 2015

Total participants

131

-6.4% from 2015

Average account balance

$98,921

+10.9% from 2015

Annual return

7.78%

+5.46 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.12M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

113

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.

64.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$861K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$418

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 27 · EIN 71-0294708	Advisory (Plan)	$4,714

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$7K

$61 / participant

Contract admin$1K17.0%
Other / not subdivided$6K83.0%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

1 / 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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,921

$63,924+54.7%

$108,582-8.9%

$55,167+79.3%

Participation rate

77.0%

74.3%+2.6pp

79.6%-2.6pp

69.0%+8.0pp

Annual return

7.78%

15.31%-7.5pp

-51.70%+59.5pp

169.23%-161.5pp

Employer contribution / active EE

$1,879-100.0%

$3,758-100.0%

$1,963-100.0%

Participant deferral / active EE

$5,838

$3,067+90.4%

$4,311+35.4%

$3,054+91.1%

Admin fee / account holder

$66

$618-89.3%

$7,645-99.1%

$504-86.9%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 27 · EIN 71-0294708

Advisory (Plan)

$4,714

LMC ENTERPRISES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LMC ENTERPRISES 401(K) 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