Retirement plan

A-1 ROOFING & SIDING OF LONG ISLAND CORP. 401(K) PLAN

Name: A-1 ROOFING & SIDING OF LONG ISLAND CORP. - A-1 ROOFING & SIDING OF LONG ISLAND CORP. 401(K) PLAN (2020) Form 5500
Creator: A-1 ROOFING & SIDING OF LONG ISLAND CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A-1 ROOFING & SIDING OF LONG ISLAND CORP. 401(K) PLAN, A-1 ROOFING & SIDING OF LONG ISLAND CORP.

A-1 ROOFING & SIDING OF LONG ISLAND CORP.EIN 11-3103215Plan #001PY 2020

51 NESCONSET HIGHWAY - PORT JEFFERSON STATION, NY 117762628631-928-1826

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$543K

+50.3% from 2019

Total participants

-75.0% from 2019

Average account balance

$49,331

+36.7% from 2019

Annual return

21.36%

-4.45 pp from 2019

Benchmarks

See 42,043 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,043 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.77M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

50.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$364K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3356

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 codes2E2F2G2J2T3D

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.
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

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

$9K

$869 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.601%

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

$49,331

$115,796-57.4%

$101,264-51.3%

$158,950-69.0%

Participation rate

100.0%

79.4%+20.6pp

75.8%+24.2pp

82.0%+18.0pp

Annual return

21.36%

56.15%-34.8pp

46.48%-25.1pp

302.91%-281.5pp

Employer contribution / active EE

$3,759

$4,175-10.0%

$3,660+2.7%

$4,762-21.1%

Participant deferral / active EE

$7,148

$4,958+44.2%

$4,370+63.6%

$5,983+19.5%

Admin fee / account holder

$790

$7,247-89.1%

$5,947-86.7%

$11,248-93.0%

A-1 ROOFING & SIDING OF LONG ISLAND CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A-1 ROOFING & SIDING OF LONG ISLAND CORP. 401(K) 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