Retirement plan

ALFRED CONHAGEN, INC. 401(K) PROFIT SHARING PLAN

Name: ALFRED CONHAGEN, INC. - ALFRED CONHAGEN, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: ALFRED CONHAGEN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALFRED CONHAGEN, INC. 401(K) PROFIT SHARING PLAN, ALFRED CONHAGEN, INC.

ALFRED CONHAGEN, INC.EIN 22-2177817Plan #003PY 2018

2555 SEVERN AVENUE, SUITE 105 - METAIRIE, LA 70002504-471-9998LinkedIn51-200 employeesindividual & family services

Other plans on this EIN

1 filing

#001Retirement-$10.4M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.5M

+6.2% from 2017

Total participants

152

-13.1% from 2017

Average account balance

$73,133

+3.1% from 2017

Annual return

2.58%

-15.36 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.49M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

18.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$119K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$828

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

+2.58%

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Filed as: NATONWIDE Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$10,130
PREFERRED PENSION PLANNING4+ years Filed as: PREFERRED PENSION PLANNING CORP. Service code 15 · EIN 22-3200158 991 ROUTE 22 WEST · BRIDGEWATER, NJ 08807	Recordkeeping	$9,685
LIBERTY GROUP LLC2 years Filed as: LIBERTY PARTNERS FINANCIAL SERVICE Service code 22 5060 CALIFORNIA AVE · BAKERSFIELD, CA 93309	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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: LAWSON, RESCINIO AND SCHIBEL
Auditor EIN: 223193482
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,133

$44,873+63.0%

$79,467-8.0%

$56,289+29.9%

Participation rate

18.1%

68.7%-50.7pp

73.3%-55.3pp

69.9%-51.8pp

Annual return

2.58%

0.81%+1.8pp

718.30%-715.7pp

-9.96%+12.5pp

Employer contribution / active EE

$2,140-100.0%

$2,800-100.0%

$2,111-100.0%

Participant deferral / active EE

$828

$2,746-69.8%

$3,704-77.6%

$3,350-75.3%

Admin fee / account holder

$418-100.0%

$5,104-100.0%

$521-100.0%

Provider

Service type

Compensation

NATIONWIDE4+ years

Filed as: NATONWIDE

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$10,130

PREFERRED PENSION PLANNING4+ years

Filed as: PREFERRED PENSION PLANNING CORP.

Service code 15 · EIN 22-3200158

991 ROUTE 22 WEST · BRIDGEWATER, NJ 08807

Recordkeeping

$9,685

LIBERTY GROUP LLC2 years

Filed as: LIBERTY PARTNERS FINANCIAL SERVICE

Service code 22

5060 CALIFORNIA AVE · BAKERSFIELD, CA 93309

Insurance Broker

ALFRED CONHAGEN, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ALFRED CONHAGEN, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion