Retirement plan

CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN

Name: CAPEWAY ROOFING SYSTEMS, INC. - CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN (2019) Form 5500
Creator: CAPEWAY ROOFING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN, CAPEWAY ROOFING SYSTEMS, INC.

CAPEWAY ROOFING SYSTEMS, INC.EIN 04-2899319Plan #002PY 2019

664 SANFORD ROAD - WESTPORT, MA 027904032508-674-0800capewayroofing.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesLow participant contribution

Top hat statement on fileNQDC

Filed May 28, 1997

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$5.6M

+13.8% from 2018

Total participants

151

+9.4% from 2018

Average account balance

$37,166

+3.3% from 2018

Annual return

12.92%

+17.25 pp from 2018

Benchmarks

See 167 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Cohort167 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$8.34M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

119

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Service code 38 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Participant Communication	$27,192
MARCUM LLP2 years Service code 10 · EIN 11-1986323 155 SOUTH MAIN STREET, SUITE 100 · PROVIDENCE, RI 02903	Accounting	$20,575
COMPENSATION PLANNING INC.3 years Service code 14 · EIN 05-0386704 64 JEFFERSON BLVD · WARWICK, RI 028881028	Plan Administrator	$7,484

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

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

$558 / participant

Investment mgmt$35K62.8%
Other / not subdivided$21K37.2%

% of EOY assets

0.985%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MARCUM LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,166

$183,540-79.8%

$92,893-60.0%

Participation rate

100.0%

69.1%+30.9pp

76.0%+24.0pp

Annual return

12.92%

7.80%+5.1pp

109.41%-96.5pp

Employer contribution / active EE

$5,389

$2,217+143.1%

$3,653+47.5%

Participant deferral / active EE

$1,128

$3,031-62.8%

$4,236-73.4%

Admin fee / account holder

$366

$9,074-96.0%

$5,794-93.7%

Provider

Service type

Compensation

NATIONWIDE4+ years

Service code 38 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Participant Communication

$27,192

MARCUM LLP2 years

Service code 10 · EIN 11-1986323

155 SOUTH MAIN STREET, SUITE 100 · PROVIDENCE, RI 02903

Accounting

$20,575

COMPENSATION PLANNING INC.3 years

Service code 14 · EIN 05-0386704

64 JEFFERSON BLVD · WARWICK, RI 028881028

Plan Administrator

$7,484

CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

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