Retirement plan

ZOLADZ CONSTRUCTION CO., INC. 401(K) SAVINGS PLAN

Name: ZOLADZ CONSTRUCTION CO., INC. - ZOLADZ CONSTRUCTION CO., INC. 401(K) SAVINGS PLAN (2016) 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 PLAN, ZOLADZ CONSTRUCTION CO., INC.

ZOLADZ CONSTRUCTION CO., INC.EIN 16-1234981Plan #001PY 2016

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

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.9M

+5.2% from 2015

Total participants

171

-2.8% from 2015

Average account balance

$38,177

+9.3% from 2015

Annual return

5.22%

+8.50 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$21,446
COMMONWEALTH FINANCIAL NETWORK2+ years Service code 33 ONE UNIVERSITY PARK · WALTHAM, MA 024533483	Securities brokerage; Other fees; Oth...	$12,459
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: HANLON INVESTMENT MANAGEMENT, INC. Service code 26 3393 BARGAINTOWN ROAD · EGG HARBOR TWP, NJ 08234	Advisory (Participants)	$5,845
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SERVICE INC. Service code 15	Recordkeeping	$2,912
PENSION ASSURANCE LLP2+ years Filed as: THE PENSION SERVICE, INC. Service code 15 270 NORTHPOINTE PKWY · AMHERST, NY 142281897	Recordkeeping	$1,953

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.

Opportunity flags

2 tripped

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

$20K

$154 / participant

Investment mgmt$2541.3%
Contract admin$9K42.2%
Other / not subdivided$12K56.6%

% of EOY assets

0.522%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,177

$52,884-27.8%

$84,753-55.0%

$55,167-30.8%

Participation rate

47.7%

67.5%-19.8pp

76.6%-28.9pp

69.0%-21.3pp

Annual return

5.22%

18.03%-12.8pp

22.78%-17.6pp

169.23%-164.0pp

Employer contribution / active EE

$558

$2,233-75.0%

$3,574-84.4%

$1,963-71.6%

Participant deferral / active EE

$2,630

$2,644-0.5%

$3,712-29.1%

$3,054-13.9%

Admin fee / account holder

$199

$581-65.7%

$5,333-96.3%

$504-60.5%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$21,446

COMMONWEALTH FINANCIAL NETWORK2+ years

Service code 33

ONE UNIVERSITY PARK · WALTHAM, MA 024533483

Securities brokerage; Other fees; Oth...

$12,459

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: HANLON INVESTMENT MANAGEMENT, INC.

Service code 26

3393 BARGAINTOWN ROAD · EGG HARBOR TWP, NJ 08234

Advisory (Participants)

$5,845

PENSION ASSURANCE LLP1 year

Filed as: THE PENSION SERVICE INC.

Service code 15

Recordkeeping

$2,912

PENSION ASSURANCE LLP2+ years

Filed as: THE PENSION SERVICE, INC.

Service code 15

270 NORTHPOINTE PKWY · AMHERST, NY 142281897

Recordkeeping

$1,953

ZOLADZ CONSTRUCTION CO., INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZOLADZ CONSTRUCTION CO., INC. 401(K) SAVINGS 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