Retirement plan

ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN

Name: ENGINEERS CONSTRUCTION, INC. - ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: ENGINEERS CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN, ENGINEERS CONSTRUCTION, INC.

ENGINEERS CONSTRUCTION, INC.EIN 03-0218743Plan #001PY 2016

P.O. BOX 2187 - SOUTH BURLINGTON, VT 054072187802-863-6389engineersconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.5M

+8.1% from 2015

Total participants

185

-4.6% from 2015

Average account balance

$53,814

+13.0% from 2015

Annual return

7.67%

+8.79 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.15M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

248

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$417

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
SUMMIT WEALTH GROUP2+ years Service code 26 · EIN 20-0402320 205 BILLINGS FARM ROAD · WHITE RIVER JUNCTION, VT 05001	Advisory (Participants)	$30,663

Plan features & details

Pension benefit codes2A2E2H2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$41K

$287 / participant

Investment mgmt$31K74.2%
Contract admin$11K25.8%

% of EOY assets

0.434%

all-in expense ratio

Categories reported

2 / 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: MCSOLEY MCCOY & CO., CPA'S
Auditor EIN: 030327374
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,814

$52,884+1.8%

$84,753-36.5%

$55,167-2.5%

Participation rate

94.4%

67.5%+26.9pp

76.6%+17.9pp

69.0%+25.5pp

Annual return

7.67%

18.03%-10.4pp

22.78%-15.1pp

169.23%-161.6pp

Employer contribution / active EE

$1,648

$2,233-26.2%

$3,574-53.9%

$1,963-16.0%

Participant deferral / active EE

$2,516

$2,644-4.8%

$3,712-32.2%

$3,054-17.6%

Admin fee / account holder

$233

$581-59.8%

$5,333-95.6%

$504-53.7%

Provider

Service type

Compensation

SUMMIT WEALTH GROUP2+ years

Service code 26 · EIN 20-0402320

205 BILLINGS FARM ROAD · WHITE RIVER JUNCTION, VT 05001

Advisory (Participants)

$30,663

ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENGINEERS CONSTRUCTION, 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