Retirement plan

CHALK MOUNTAIN SERVICES OF TEXAS, LLC 401(K) PLAN

Name: CHALK MOUNTAIN SERVICES OF TEXAS, LLC - CHALK MOUNTAIN SERVICES OF TEXAS, LLC 401(K) PLAN (2017) Form 5500
Creator: CHALK MOUNTAIN SERVICES OF TEXAS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHALK MOUNTAIN SERVICES OF TEXAS, LLC 401(K) PLAN, CHALK MOUNTAIN SERVICES OF TEXAS, LLC

CHALK MOUNTAIN SERVICES OF TEXAS, LLCEIN 20-5470208Plan #001PY 2017

P.O. BOX 675 - MANSFIELD, TX 760630675817-473-1931cmstx.comLinkedIn1001-5000 employeestransportation/trucking/railroad

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.4M

+58.0% from 2016

Total participants

874

+39.8% from 2016

Average account balance

$15,867

+39.5% from 2016

Annual return

16.26%

+8.78 pp from 2016

Benchmarks

See 639 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort639 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.00M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

423

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.

48.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$165

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$36,619
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Service code 49 · EIN 52-2114207	Other Services	$10,863
AMERICAS 401K, INC.2 years Filed as: AMERICAS 401K INC Service code 13 · EIN 75-2261114	Contract Administrator	$8,005
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$45K

$56 / participant

Contract admin$45K100.0%

% of EOY assets

0.822%

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: WHITLEY PENN LLP
Auditor EIN: 752393478
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,867

$44,059-64.0%

$71,671-77.9%

$69,631-77.2%

Participation rate

33.2%

60.8%-27.6pp

68.7%-35.6pp

70.7%-37.5pp

Annual return

16.26%

21.97%-5.7pp

20.65%-4.4pp

27571.02%-27554.8pp

Employer contribution / active EE

$912

$1,305-30.1%

$2,460-62.9%

$2,032-55.1%

Participant deferral / active EE

$1,403

$2,370-40.8%

$3,438-59.2%

$3,224-56.5%

Admin fee / account holder

$130

$108+21.2%

$5,558-97.7%

$110+18.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$36,619

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Service code 49 · EIN 52-2114207

Other Services

$10,863

AMERICAS 401K, INC.2 years

Filed as: AMERICAS 401K INC

Service code 13 · EIN 75-2261114

Contract Administrator

$8,005

WILSHIRE ASSOCIATES INCORPORATED3+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

CHALK MOUNTAIN SERVICES OF TEXAS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHALK MOUNTAIN SERVICES OF TEXAS, LLC 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