Retirement plan

THE CORING & CUTTING GROUP RETIREMENT PLAN

Name: CORING & CUTTING GROUP. - THE CORING & CUTTING GROUP RETIREMENT PLAN (2017) Form 5500
Creator: CORING & CUTTING GROUP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CORING & CUTTING GROUP RETIREMENT PLAN, CORING & CUTTING GROUP.

CORING & CUTTING GROUP.EIN 20-3861409Plan #001PY 2017

120 WEST 72ND STREET, SUITE 200 - KANSAS CITY, MO 64114816-523-2131LinkedIn201-500 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.2M

+26.3% from 2016

Total participants

249

0.0% from 2016

Average account balance

$60,440

+25.8% from 2016

Annual return

18.82%

+14.00 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.37M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

208

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$477

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 3 by compensation

Provider	Service type	Compensation
MARINER LLC3+ years Filed as: MARINER RETIREMENT ADVISORS Service code 27 · EIN 61-1740806	Advisory (Plan)	$42,979
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$24,543
PICKETT, CHANEY & MCMULLEN LLP3+ years Filed as: PICKETT, CHANEY AND MCMULLEN LLP Service code 10 · EIN 48-1246310	Accounting	$6,750

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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

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

$77K

$425 / participant

Investment mgmt$43K55.9%
Contract admin$25K31.9%
Other / not subdivided$9K12.2%

% of EOY assets

0.542%

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: PICKETT, CHANEY & MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,440

$36,767+64.4%

$81,473-25.8%

$62,293-3.0%

Participation rate

92.3%

54.4%+37.8pp

68.0%+24.3pp

69.5%+22.7pp

Annual return

18.82%

173.80%-155.0pp

38.78%-20.0pp

28.90%-10.1pp

Employer contribution / active EE

$2,893

$1,128+156.4%

$2,568+12.7%

$2,042+41.6%

Participant deferral / active EE

$2,925

$2,111+38.6%

$3,537-17.3%

$3,169-7.7%

Admin fee / account holder

$327

$797-58.9%

$4,561-92.8%

$479-31.7%

Provider

Service type

Compensation

MARINER LLC3+ years

Filed as: MARINER RETIREMENT ADVISORS

Service code 27 · EIN 61-1740806

Advisory (Plan)

$42,979

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$24,543

PICKETT, CHANEY & MCMULLEN LLP3+ years

Filed as: PICKETT, CHANEY AND MCMULLEN LLP

Service code 10 · EIN 48-1246310

Accounting

$6,750

THE CORING & CUTTING GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CORING & CUTTING GROUP 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