Retirement plan

ZOLADZ CONSTRUCTION CO INC 401(K) SAVINGS

Name: ZOLADZ CONSTRUCTION CO., INC. - ZOLADZ CONSTRUCTION CO INC 401(K) SAVINGS (2015) Form 5500
Creator: ZOLADZ CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZOLADZ CONSTRUCTION CO INC 401(K) SAVINGS, ZOLADZ CONSTRUCTION CO., INC.

ZOLADZ CONSTRUCTION CO., INC.EIN 16-1234981Plan #001PY 2015

13600 RAILROAD ST. - ALDEN, NY 14004716-937-6575LinkedIn51-200 employeesconstruction

Prospect flagsLow returnsLow participationLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

176

No prior year

Average account balance

$34,922

No prior year

Annual return

-3.28%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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Analytics

Total assets (EOY)

Plan-year ending balance

$11.69M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

133

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.

36.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$953K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 11 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Actuarial	$27,639
COMMONWEALTH FINANCIAL NETWORK1+ years Service code 33	Securities brokerage; Other fees	$17,727
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: HANLON INVESTMENT MANAGEMENT, INC. Service code 26 · EIN 22-3723068 3393 BARGAINTOWN RD. STE 200 · EGG HARBOR TWP, NJ 08234	Advisory (Participants)	$9,063
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE INC Service code 15	Recordkeeping	$3,916
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE, INC. Service code 15 270 NORTHPOINTE PKWY · AMHERST, NY 142281897	Recordkeeping	$3,005
COMMENWEALTH FINANCIAL NETWORK1+ years Service code 33 29 SAWYER RD · WALTHAM, MA 024533423	Other investment fees and expenses; S...	$0

Plan features & details

Pension benefit codes2E2G2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$12K

$84 / participant

Investment mgmt$9K72.7%
Contract admin$4033.2%
Other / not subdivided$3K24.1%

% of EOY assets

0.337%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,922

$50,464-30.8%

$75,781-53.9%

$52,331-33.3%

Participation rate

52.7%

66.8%-14.1pp

75.8%-23.1pp

68.1%-15.4pp

Annual return

-3.28%

1.03%-4.3pp

9.68%-13.0pp

4.54%-7.8pp

Employer contribution / active EE

$591

$1,988-70.3%

$3,323-82.2%

$1,882-68.6%

Participant deferral / active EE

$2,700

$2,570+5.0%

$3,651-26.1%

$3,022-10.7%

Admin fee / account holder

$118

$1,103-89.3%

$5,299-97.8%

$592-80.1%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 11

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Actuarial

$27,639

COMMONWEALTH FINANCIAL NETWORK1+ years

Service code 33

Securities brokerage; Other fees

$17,727

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: HANLON INVESTMENT MANAGEMENT, INC.

Service code 26 · EIN 22-3723068

3393 BARGAINTOWN RD. STE 200 · EGG HARBOR TWP, NJ 08234

Advisory (Participants)

$9,063

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE INC

Service code 15

Recordkeeping

$3,916

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE, INC.

Service code 15

270 NORTHPOINTE PKWY · AMHERST, NY 142281897

Recordkeeping

$3,005

COMMENWEALTH FINANCIAL NETWORK1+ years

Service code 33

29 SAWYER RD · WALTHAM, MA 024533423

Other investment fees and expenses; S...

ZOLADZ CONSTRUCTION CO INC 401(K) SAVINGS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZOLADZ CONSTRUCTION CO INC 401(K) SAVINGS

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