Retirement plan

AGGIETECH INVESTMENTS INC 401K PLAN

Name: AGGIETECH INVESTMENTS INC - AGGIETECH INVESTMENTS INC 401K PLAN (2017) Form 5500
Creator: AGGIETECH INVESTMENTS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGGIETECH INVESTMENTS INC 401K PLAN, AGGIETECH INVESTMENTS INC

AGGIETECH INVESTMENTS INCEIN 20-1112488Plan #001PY 2017

PO BOX 7742 - MIDLAND, TX 79708432-634-7497LinkedIn51-200 employeesmining & metals

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3.4M

-3.3% from 2016

Total participants

131

-2.2% from 2016

Average account balance

$33,014

+7.0% from 2016

Annual return

11.84%

-2.41 pp from 2016

Benchmarks

See 2,783 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Cohort2,783 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.04M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

69.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$585K

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

+13.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,679
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$13,938
RAYMOND JAMES FINANCIAL SERVICES2 years Service code 55 880 CARILON PARKWAY · ST. PETERSBURG, FL 33716	Other Commissions	$11,509
PENTEC PENSION MANAGEMENT GROUP INC3+ years Service code 13 700 S MARIENFELD · MIDLAND, TX 79701	Contract Administrator	$3,620
PENTEC PENSION MANAGEMENT GROUP INC3+ years Filed as: PENTEC PENSION MGMT GROUP, INC. Service code 13	Contract Administrator	$3,084

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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$67K

$678 / participant

Investment mgmt$30K45.2%
Other / not subdivided$37K54.8%

% of EOY assets

1.975%

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: PHILLIP C. MAY P.C.
Auditor EIN: 800794417
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,014

$183,924-82.1%

$118,746-72.2%

Participation rate

71.7%

67.3%+4.5pp

78.3%-6.6pp

Annual return

11.84%

14.55%-2.7pp

24.54%-12.7pp

Employer contribution / active EE

$1,983-100.0%

$4,193-100.0%

Participant deferral / active EE

$2,350

$3,061-23.2%

$5,332-55.9%

Admin fee / account holder

$652

$14,079-95.4%

$10,720-93.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64

8515 ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,679

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$13,938

RAYMOND JAMES FINANCIAL SERVICES2 years

Service code 55

880 CARILON PARKWAY · ST. PETERSBURG, FL 33716

Other Commissions

$11,509

PENTEC PENSION MANAGEMENT GROUP INC3+ years

Service code 13

700 S MARIENFELD · MIDLAND, TX 79701

Contract Administrator

$3,620

PENTEC PENSION MANAGEMENT GROUP INC3+ years

Filed as: PENTEC PENSION MGMT GROUP, INC.

Service code 13

Contract Administrator

$3,084

AGGIETECH INVESTMENTS INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGGIETECH INVESTMENTS INC 401K 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