Retirement plan

CONSERVE EMPLOYEE RETIREMENT PLAN

Name: CONTINENTAL SERVICE GROUP, INC. D/B/A CONSERVE - CONSERVE EMPLOYEE RETIREMENT PLAN (2017) Form 5500
Creator: CONTINENTAL SERVICE GROUP, INC. D/B/A CONSERVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSERVE EMPLOYEE RETIREMENT PLAN, CONTINENTAL SERVICE GROUP, INC. D/B/A CONSERVE

CONTINENTAL SERVICE GROUP, INC. D/B/A CONSERVEEIN 16-1265131Plan #001PY 2017

P.O. BOX 7, 200 CROSS KEYS OFFICE PARK - FAIRPORT, NY 14450585-421-1000

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$30.3M

+32.6% from 2016

Total participants

885

-5.3% from 2016

Average account balance

$34,836

+38.4% from 2016

Annual return

18.33%

+8.41 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.69M

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.

496

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.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.66M

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$55

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
RIMKUS, MARCIANO & ASSOCIATES, INC.3+ years Service code 17 3136 WINTON RD S, STE 300 · ROCHESTER, NY 14623	Pension Consulting	$52,184
SAGE, RUTTY AND CO., INC.3+ years Filed as: SAGE RUTTY & COMPANY, INC Service code 28 100 CORPORATE WOODS, STE 300 · ROCHESTER, NY 146231423	Investment Management	$51,594
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 15 · EIN 71-0294708	Recordkeeping	$33,822
NATIONWIDE3+ years Filed as: NATIONWIDE TRUST COMPANY Service code 15	Recordkeeping	$0
SAGE, RUTTY AND CO., INC.3+ years Filed as: SAGE RUTTY & COMPANY, INC. Service code 28	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$140K

$183 / participant

Contract admin$140K100.0%

% of EOY assets

0.460%

all-in expense ratio

Categories reported

1 / 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: INSERO & CO. CPAS, LLP
Auditor EIN: 475324570
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,836

$31,424+10.9%

$81,473-57.2%

$69,631-50.0%

Participation rate

98.2%

50.8%+47.3pp

68.0%+30.2pp

70.7%+27.5pp

Annual return

18.33%

22.44%-4.1pp

38.78%-20.5pp

27571.02%-27552.7pp

Employer contribution / active EE

$2,793

$1,029+171.4%

$2,568+8.7%

$2,032+37.4%

Participant deferral / active EE

$4,047

$1,838+120.2%

$3,537+14.4%

$3,224+25.5%

Admin fee / account holder

$160

$103+56.3%

$4,561-96.5%

$110+45.2%

Provider

Service type

Compensation

RIMKUS, MARCIANO & ASSOCIATES, INC.3+ years

Service code 17

3136 WINTON RD S, STE 300 · ROCHESTER, NY 14623

Pension Consulting

$52,184

SAGE, RUTTY AND CO., INC.3+ years

Filed as: SAGE RUTTY & COMPANY, INC

Service code 28

100 CORPORATE WOODS, STE 300 · ROCHESTER, NY 146231423

Investment Management

$51,594

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 15 · EIN 71-0294708

Recordkeeping

$33,822

NATIONWIDE3+ years

Filed as: NATIONWIDE TRUST COMPANY

Service code 15

Recordkeeping

SAGE, RUTTY AND CO., INC.3+ years

Filed as: SAGE RUTTY & COMPANY, INC.

Service code 28

Investment Management

CONSERVE EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSERVE EMPLOYEE RETIREMENT 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