Retirement plan

J & M STEEL 401(K) PLAN

Name: J & M STEEL SOLUTIONS, INC. - J & M STEEL 401(K) PLAN (2017) Form 5500
Creator: J & M STEEL SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J & M STEEL 401(K) PLAN, J & M STEEL SOLUTIONS, INC.

J & M STEEL SOLUTIONS, INC.EIN 20-1067188Plan #001PY 2017

894 WEST STATE STREET - LEHI, UT 840431021801-766-6910

Other plans on this EIN

1 filing

#002Retirement-$882K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.1M

+32.0% from 2016

Total participants

134

+19.6% from 2016

Average account balance

$33,076

+12.9% from 2016

Annual return

17.61%

+12.11 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.44M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

120.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$466K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16176

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

Top 1 by compensation

Provider	Service type	Compensation
ALTA CAPITAL MANAGEMENT1 year Filed as: ALTA CAPITAL MANAGEMENT, LLC Service code 19 6440 SOUTH WASATCH BLVD. · SALT LAKE CITY, UT 84121	Securities Custodian	$23,108

Plan features & details

Pension benefit codes2E2J2K2D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

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

$27K

$256 / participant

Investment mgmt$23K85.9%
Contract admin$1K4.6%
Other / not subdivided$3K9.5%

% of EOY assets

0.656%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,076

$58,726-43.7%

$92,239-64.1%

$62,293-46.9%

Participation rate

90.5%

68.3%+22.1pp

76.5%+14.0pp

69.5%+21.0pp

Annual return

17.61%

43.62%-26.0pp

176.29%-158.7pp

28.90%-11.3pp

Employer contribution / active EE

$3,238

$2,392+35.4%

$3,680-12.0%

$2,042+58.5%

Participant deferral / active EE

$1,432

$2,766-48.2%

$3,897-63.2%

$3,169-54.8%

Admin fee / account holder

$217

$556-61.0%

$5,194-95.8%

$479-54.8%

Provider

Service type

Compensation

ALTA CAPITAL MANAGEMENT1 year

Filed as: ALTA CAPITAL MANAGEMENT, LLC

Service code 19

6440 SOUTH WASATCH BLVD. · SALT LAKE CITY, UT 84121

Securities Custodian

$23,108

J & M STEEL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J & M STEEL 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