Retirement plan

STRAUB DISTRIBUTING COMPANY, LTD. PROFIT-SHARING PLAN

Name: STRAUB DISTRIBUTING COMPANY, LTD. - STRAUB DISTRIBUTING COMPANY, LTD. PROFIT-SHARING PLAN (2024) Form 5500
Creator: STRAUB DISTRIBUTING COMPANY, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRAUB DISTRIBUTING COMPANY, LTD. PROFIT-SHARING PLAN, STRAUB DISTRIBUTING COMPANY, LTD.

STRAUB DISTRIBUTING COMPANY, LTD.EIN 95-3806055Plan #002PY 2024

4633 EAST LA PALMA AVENUE - ANAHEIM, CA 92807714-779-4000straubdistributing.comLinkedIn201-500 employeeswine and spirits

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$28.9M

+4.8% from 2023

Total participants

322

+7.3% from 2023

Average account balance

$99,108

-9.5% from 2023

Annual return

17.17%

-2.53 pp from 2023

Benchmarks

See 2,345 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,345 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.94M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

292

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.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$865K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$95

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
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$20,273
STRATEGIC ADVISORS, INC.9 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$7,413

Plan features & details

Pension benefit codes2G2J2T2E3D2F

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.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$28K

$112 / participant

Recordkeeping$20K73.2%
Investment mgmt$7K26.8%

% of EOY assets

0.096%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,108

$88,186+12.4%

$165,071-40.0%

$74,459+33.1%

Participation rate

87.9%

73.1%+14.7pp

78.6%+9.2pp

67.2%+20.6pp

Annual return

17.17%

17.13%0pp

70.17%-53.0pp

1369.70%-1352.5pp

Employer contribution / active EE

$2,600-100.0%

$4,347-100.0%

$2,626-100.0%

Participant deferral / active EE

$3,503

$4,505-22.2%

$6,035-42.0%

$4,350-19.5%

Admin fee / account holder

$95

$2,234-95.8%

$12,695-99.3%

$1,945-95.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$20,273

STRATEGIC ADVISORS, INC.9 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$7,413

STRAUB DISTRIBUTING COMPANY, LTD. PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRAUB DISTRIBUTING COMPANY, LTD. 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