Retirement plan

PAT MUNGER CONSTRUCTION CO. , INC. 401(K) PROFIT SHARING PLAN

Name: PAT MUNGER CONSTRUCTION COMPANY, IN - PAT MUNGER CONSTRUCTION CO. , INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: PAT MUNGER CONSTRUCTION COMPANY, IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAT MUNGER CONSTRUCTION CO. , INC. 401(K) PROFIT SHARING PLAN, PAT MUNGER CONSTRUCTION COMPANY, IN

PAT MUNGER CONSTRUCTION COMPANY, INEIN 06-1066612Plan #001PY 2017

750 EAST MAIN STREET - BRANFORD, CT 06405203-483-3645mungerconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+31.4% from 2016

Total participants

+5.9% from 2016

Average account balance

$127,930

+52.8% from 2016

Annual return

25.10%

+19.56 pp from 2016

Benchmarks

See 14,319 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort14,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.33M

Not enough data

1 years with asset history on file

Average account balance

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

$167K

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$818K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21728

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 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

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

$206K

$4033 / participant

Other / not subdivided$206K100.0%

% of EOY assets

3.739%

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

$127,930

$63,342+102.0%

$92,236+38.7%

$70,131+82.4%

Participation rate

78.4%

68.7%+9.8pp

76.5%+2.0pp

69.5%+8.9pp

Annual return

25.10%

530.15%-505.1pp

176.29%-151.2pp

73.14%-48.0pp

Employer contribution / active EE

$2,601

$2,471+5.3%

$3,679-29.3%

$2,342+11.0%

Participant deferral / active EE

$6,170

$2,854+116.2%

$3,897+58.3%

$3,332+85.2%

Admin fee / account holder

$4,783

$3,840+24.5%

$5,194-7.9%

$4,645+3.0%

PAT MUNGER CONSTRUCTION CO. , INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAT MUNGER CONSTRUCTION CO. , 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