Retirement plan

HINESBURG SAND & GRAVEL, INC. 401(K) PROFIT SHARING PLAN

Name: HINESBURG SAND & GRAVEL, INC. - HINESBURG SAND & GRAVEL, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: HINESBURG SAND & GRAVEL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HINESBURG SAND & GRAVEL, INC. 401(K) PROFIT SHARING PLAN, HINESBURG SAND & GRAVEL, INC.

HINESBURG SAND & GRAVEL, INC.EIN 03-0192515Plan #001PY 2018

14818 ROUTE 116 - HINESBURG, VT 05461802-482-2342LinkedIn11-50 employeesmining & metals

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.4M

+2.0% from 2017

Total participants

+4.3% from 2017

Average account balance

$98,285

-2.2% from 2017

Annual return

0.77%

+0.47 pp from 2017

Benchmarks

See 1,803 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,803 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.85M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

129.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103K

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

+5.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7219

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 codes2E2J3D

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.
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

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

$55K

$2878 / participant

Other / not subdivided$55K100.0%

% of EOY assets

2.318%

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

$98,285

$147,167-33.2%

$111,392-11.8%

$135,379-27.4%

Participation rate

100.0%

84.0%+16.0pp

78.9%+21.1pp

82.6%+17.4pp

Annual return

0.77%

-4.44%+5.2pp

-2.06%+2.8pp

519.79%-519.0pp

Employer contribution / active EE

$3,071

$5,204-41.0%

$4,328-29.0%

$4,779-35.7%

Participant deferral / active EE

$1,272

$6,565-80.6%

$5,567-77.2%

$5,609-77.3%

Admin fee / account holder

$2,278

$20,270-88.8%

$12,266-81.4%

$10,828-79.0%

HINESBURG SAND & GRAVEL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HINESBURG SAND & GRAVEL, INC. 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