Retirement plan

CORAL PACIFIC CONSTRUCTION 401(K) PROFIT SHARING PLAN

Name: CORAL PACIFIC CONSTRUCTION, LLC - CORAL PACIFIC CONSTRUCTION 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: CORAL PACIFIC CONSTRUCTION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORAL PACIFIC CONSTRUCTION 401(K) PROFIT SHARING PLAN, CORAL PACIFIC CONSTRUCTION, LLC

CORAL PACIFIC CONSTRUCTION, LLCEIN 20-2872463Plan #001PY 2016

532 AHUI STREET - HONOLULU, HI 968135302808-597-8700coralpacifichawaii.comLinkedIn11-50 employeesconstruction

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$356K

+24.0% from 2015

Total participants

+22.2% from 2015

Average account balance

$39,561

-3.6% from 2015

Annual return

1.30%

+3.43 pp from 2015

Benchmarks

See 35,836 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,836 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.54M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

104.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$146K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$350

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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).

Expense breakdown

Schedule H Part II

Admin total

$12K

$1071 / participant

Other / not subdivided$12K100.0%

% of EOY assets

3.309%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,561

$99,345-60.2%

$84,753-53.3%

$273,970-85.6%

Participation rate

81.8%

80.7%+1.1pp

76.6%+5.2pp

83.0%-1.2pp

Annual return

1.30%

22.93%-21.6pp

22.78%-21.5pp

41.46%-40.2pp

Employer contribution / active EE

$4,545

$4,214+7.9%

$3,574+27.2%

$4,869-6.6%

Participant deferral / active EE

$2,035

$4,270-52.3%

$3,712-45.2%

$5,287-61.5%

Admin fee / account holder

$1,309

$6,645-80.3%

$5,333-75.5%

$10,132-87.1%

CORAL PACIFIC CONSTRUCTION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORAL PACIFIC CONSTRUCTION 401(K) PROFIT SHARING 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