Retirement plan

GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING 401(K) PROFIT SHARING PLAN

Name: GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING - GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING 401(K) PROFIT SHARING PLAN, GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING

GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERINGEIN 20-5783897Plan #001PY 2015

801 GABLE WAY - EL CAJON, CA 92020619-593-8880

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

No prior year

Total participants

175

No prior year

Average account balance

$40,768

No prior year

Annual return

-2.75%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.37M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

123

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.

69.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$544K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$171

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$920

Plan features & details

Pension benefit codes2G2J2K3D2F

Plan features

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$13K

$80 / participant

Investment mgmt$1K9.0%
Contract admin$12K91.0%

% of EOY assets

0.535%

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: THE OZUROVICH GROUP, INC.
Auditor EIN: 954502766
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,768

$50,464-19.2%

$75,784-46.2%

$52,331-22.1%

Participation rate

26.4%

66.8%-40.4pp

75.8%-49.4pp

68.1%-41.7pp

Annual return

-2.75%

1.03%-3.8pp

9.68%-12.4pp

4.54%-7.3pp

Employer contribution / active EE

$1,988-100.0%

$3,323-100.0%

$1,882-100.0%

Participant deferral / active EE

$1,087

$2,570-57.7%

$3,652-70.2%

$3,022-64.0%

Admin fee / account holder

$218

$1,103-80.2%

$5,300-95.9%

$592-63.2%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO USA

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$920

GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GARDNER POOL COMPANY, INC. DBA GARDNER POOL PLASTERING 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