Retirement plan

AMERICAN ASPHALT COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: AMERICAN ASPHALT COMPANY, INC. - AMERICAN ASPHALT COMPANY, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: AMERICAN ASPHALT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ASPHALT COMPANY, INC. 401(K) PROFIT SHARING PLAN, AMERICAN ASPHALT COMPANY, INC.

AMERICAN ASPHALT COMPANY, INC.EIN 22-2028283Plan #002PY 2019

116 MAIN STREET - W. COLLINGSWOOD HEIGHT, NJ 080591846856-456-2899americanasphaltcompany.comLinkedIn51-200 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.1M

+27.3% from 2018

Total participants

175

-9.3% from 2018

Average account balance

$41,784

+40.1% from 2018

Annual return

21.62%

+27.34 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
LPL FINANCIAL3 years Service code 26 · EIN 95-2834236 75 STATE STREET, 24TH FLOOR · BOSTON, MA 02109	Advisory (Participants)	$24,722
THE VANGUARD GROUP, INC.3 years Filed as: THE VANGUARD GROUP Service code 64 · EIN 23-1945930	Recordkeeping Fees	$19,510
RETIREWELL ADMINISTRATORS2 years Service code 15 · EIN 81-3429076	Recordkeeping	$7,025

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$42K

$279 / participant

Other / not subdivided$42K100.0%

% of EOY assets

0.601%

all-in expense ratio

Categories reported

0 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,784

$66,319-37.0%

$93,621-55.4%

$65,186-35.9%

Participation rate

96.1%

74.0%+22.0pp

75.8%+20.2pp

70.2%+25.9pp

Annual return

21.62%

42.59%-21.0pp

32.76%-11.1pp

29.39%-7.8pp

Employer contribution / active EE

$2,083

$2,013+3.5%

$2,719-23.4%

$2,177-4.3%

Participant deferral / active EE

$3,103

$3,343-7.2%

$4,070-23.7%

$3,514-11.7%

Admin fee / account holder

$251

$6,900-96.4%

$7,890-96.8%

$847-70.3%

Provider

Service type

Compensation

LPL FINANCIAL3 years

Service code 26 · EIN 95-2834236

75 STATE STREET, 24TH FLOOR · BOSTON, MA 02109

Advisory (Participants)

$24,722

THE VANGUARD GROUP, INC.3 years

Filed as: THE VANGUARD GROUP

Service code 64 · EIN 23-1945930

Recordkeeping Fees

$19,510

RETIREWELL ADMINISTRATORS2 years

Service code 15 · EIN 81-3429076

Recordkeeping

$7,025

AMERICAN ASPHALT COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ASPHALT COMPANY, INC. 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