Retirement plan

EMPLOYEE BENEFIT PLAN OF GRANT INT L CO., INC.

Name: GRANT INT L CO., INC. - EMPLOYEE BENEFIT PLAN OF GRANT INT L CO., INC. (2018) Form 5500
Creator: GRANT INT L CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF GRANT INT L CO., INC., GRANT INT L CO., INC.

GRANT INT L CO., INC.EIN 11-2816565Plan #001PY 2018

3915 21ST ST - LONG ISLAND CITY, NY 111016121718-371-6010

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+3.7% from 2017

Total participants

+8.5% from 2017

Average account balance

$44,772

-3.2% from 2017

Annual return

-6.61%

-21.38 pp from 2017

Benchmarks

See 15,017 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,017 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.45M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

71.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$494K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2646

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 codes2F2T

Plan features

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).
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$64K

$1107 / participant

Other / not subdivided$64K100.0%

% of EOY assets

2.390%

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

$44,772

$57,350-21.9%

$83,850-46.6%

$64,181-30.2%

Participation rate

93.1%

68.6%+24.5pp

76.1%+17.0pp

69.6%+23.5pp

Annual return

-6.61%

11.38%-18.0pp

850.92%-857.5pp

7.63%-14.2pp

Employer contribution / active EE

$2,396

$2,545-5.9%

$3,631-34.0%

$2,381+0.7%

Participant deferral / active EE

$3,289

$2,993+9.9%

$4,082-19.4%

$3,470-5.2%

Admin fee / account holder

$1,070

$4,046-73.6%

$5,478-80.5%

$4,887-78.1%

EMPLOYEE BENEFIT PLAN OF GRANT INT L CO., INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF GRANT INT L CO., INC.

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