Retirement plan

THE CORING & CUTTING GROUP RETIREMENT PLAN

Name: CORING & CUTTING GROUP. - THE CORING & CUTTING GROUP RETIREMENT PLAN (2018) 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 2018

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)

$13.8M

-2.7% from 2017

Total participants

266

+6.8% from 2017

Average account balance

$54,387

-10.0% from 2017

Annual return

-4.65%

-23.47 pp from 2017

Benchmarks

See 1,003 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,003 peers

Snapshot2018

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 LLC4+ years Filed as: MARINER RETIREMENT ADVISORS Service code 27 · EIN 61-1740806	Advisory (Plan)	$47,923
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$25,798
PICKETT, CHANEY & MCMULLEN LLP4+ 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

$80K

$426 / participant

Investment mgmt$48K59.6%
Contract admin$26K32.1%
Other / not subdivided$7K8.4%

% of EOY assets

0.583%

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

$54,387

$33,067+64.5%

$76,518-28.9%

$56,287-3.4%

Participation rate

93.7%

55.4%+38.3pp

68.0%+25.7pp

69.9%+23.8pp

Annual return

-4.65%

2.72%-7.4pp

-0.27%-4.4pp

-9.96%+5.3pp

Employer contribution / active EE

$2,218

$1,200+84.8%

$2,647-16.2%

$2,111+5.1%

Participant deferral / active EE

$2,361

$2,240+5.4%

$3,836-38.4%

$3,350-29.5%

Admin fee / account holder

$317

$537-41.0%

$4,849-93.5%

$521-39.2%

Provider

Service type

Compensation

MARINER LLC4+ years

Filed as: MARINER RETIREMENT ADVISORS

Service code 27 · EIN 61-1740806

Advisory (Plan)

$47,923

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$25,798

PICKETT, CHANEY & MCMULLEN LLP4+ 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