Retirement plan

CENTRAL IRRIGATION SUPPLY, INC. RETIREMENT PLAN

Name: CENTRAL IRRIGATION SUPPLY, INC. - CENTRAL IRRIGATION SUPPLY, INC. RETIREMENT PLAN (2018) Form 5500
Creator: CENTRAL IRRIGATION SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL IRRIGATION SUPPLY, INC. RETIREMENT PLAN, CENTRAL IRRIGATION SUPPLY, INC.

CENTRAL IRRIGATION SUPPLY, INC.EIN 06-1290048Plan #001PY 2018

8 WILLIAM STREET - ELMSFORD, NY 10523914-347-5656centralpros.comLinkedIn201-500 employeeswholesale

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$8M

-1.6% from 2017

Total participants

162

+11.7% from 2017

Average account balance

$61,109

-4.6% from 2017

Annual return

-5.79%

-20.29 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.78M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

389

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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
MCSOLEY MCCOY & CO2 years Filed as: MCSOLEY MCCOY & CO. Service code 10 · EIN 03-0327374	Accounting	$5,000
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: GREAT-WEST LIFE INSURANCE COMPANY Service code 15 8515 E. ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$1,100

Plan features & details

Pension benefit codes2A2E2F2G2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$46 / participant

Investment mgmt$5K82.0%
Contract admin$1K18.0%

% of EOY assets

0.076%

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.
Auditor EIN: 030327374
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,109

$66,302-7.8%

$110,243-44.6%

$56,289+8.6%

Participation rate

76.9%

74.9%+2.0pp

79.8%-3.0pp

69.9%+7.0pp

Annual return

-5.79%

-1.18%-4.6pp

314.76%-320.5pp

-9.96%+4.2pp

Employer contribution / active EE

$6,466

$2,047+215.8%

$3,827+69.0%

$2,111+206.3%

Participant deferral / active EE

$3,381-100.0%

$4,672-100.0%

$3,350-100.0%

Admin fee / account holder

$47

$698-93.3%

$8,548-99.5%

$521-91.1%

Provider

Service type

Compensation

MCSOLEY MCCOY & CO2 years

Filed as: MCSOLEY MCCOY & CO.

Service code 10 · EIN 03-0327374

Accounting

$5,000

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: GREAT-WEST LIFE INSURANCE COMPANY

Service code 15

8515 E. ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$1,100

CENTRAL IRRIGATION SUPPLY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL IRRIGATION SUPPLY, INC. RETIREMENT 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