Retirement plan

ROBERTS ROOFING & SIDING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: ROBERTS ROOFING & SIDING COMPANY, INC. - ROBERTS ROOFING & SIDING COMPANY, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: ROBERTS ROOFING & SIDING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBERTS ROOFING & SIDING COMPANY, INC. 401(K) PROFIT SHARING PLAN, ROBERTS ROOFING & SIDING COMPANY, INC.

ROBERTS ROOFING & SIDING COMPANY, INC.EIN 16-0967113Plan #001PY 2018

6279 RIDGE ROAD - LOCKPORT, NY 14094716-433-2883robertsroofingandsiding.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$677K

-5.1% from 2017

Total participants

-9.1% from 2017

Average account balance

$52,040

+9.5% from 2017

Annual return

-5.50%

-32.94 pp from 2017

Benchmarks

See 38,940 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,940 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

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

+19.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3478

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 codes2E2F2J2T3D

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).
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$36K

$2776 / participant

Other / not subdivided$36K100.0%

% of EOY assets

5.335%

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

$52,040

$97,732-46.8%

$83,831-37.9%

$135,380-61.6%

Participation rate

46.2%

80.0%-33.8pp

76.1%-30.0pp

82.6%-36.5pp

Annual return

-5.50%

1287.56%-1293.1pp

850.99%-856.5pp

519.81%-525.3pp

Employer contribution / active EE

$730

$4,222-82.7%

$3,631-79.9%

$4,779-84.7%

Participant deferral / active EE

$2,269

$4,683-51.5%

$4,082-44.4%

$5,609-59.5%

Admin fee / account holder

$2,776

$6,675-58.4%

$5,479-49.3%

$10,828-74.4%

ROBERTS ROOFING & SIDING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBERTS ROOFING & SIDING COMPANY, 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