Retirement plan

DUCTMASTERS OF LOUISIANA 401(K) PLAN

Name: DUCTMASTERS OF LA., INC. DBA DUCTS OF S. LA. - DUCTMASTERS OF LOUISIANA 401(K) PLAN (2018) Form 5500
Creator: DUCTMASTERS OF LA., INC. DBA DUCTS OF S. LA.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUCTMASTERS OF LOUISIANA 401(K) PLAN, DUCTMASTERS OF LA., INC. DBA DUCTS OF S. LA.

DUCTMASTERS OF LA., INC. DBA DUCTS OF S. LA.EIN 20-4744010Plan #001PY 2018

121 LUKE DR - LAFAYETTE, LA 705063033337-237-9608

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$585K

-1.2% from 2017

Total participants

-15.4% from 2017

Average account balance

$65,034

-1.2% from 2017

Annual return

-8.00%

-24.07 pp from 2017

Benchmarks

See 12,594 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort12,594 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

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

+8.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3771

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

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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 codes2E2F2G2J2T3D

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

2 tripped

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

$15K

$1533 / participant

Other / not subdivided$15K100.0%

% of EOY assets

2.619%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,034

$95,193-31.7%

$76,523-15.0%

$135,375-52.0%

Participation rate

80.0%

74.4%+5.6pp

68.0%+12.0pp

82.6%-2.6pp

Annual return

-8.00%

4.85%-12.8pp

-0.27%-7.7pp

519.73%-527.7pp

Employer contribution / active EE

$1,726

$3,302-47.7%

$2,647-34.8%

$4,779-63.9%

Participant deferral / active EE

$3,713

$4,639-20.0%

$3,835-3.2%

$5,609-33.8%

Admin fee / account holder

$1,703

$6,249-72.7%

$4,848-64.9%

$10,827-84.3%

DUCTMASTERS OF LOUISIANA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUCTMASTERS OF LOUISIANA 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