Retirement plan

E. R. LINDE CONSTRUCTION CORP./LEEWARD CONSTRUCTION, INC. EMPLOYEES PENSION PLAN

Name: LEEWARD CONSTRUCTION, INC. - E. R. LINDE CONSTRUCTION CORP./LEEWARD CONSTRUCTION, INC. EMPLOYEES PENSION PLAN (2016) Form 5500
Creator: LEEWARD CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E. R. LINDE CONSTRUCTION CORP./LEEWARD CONSTRUCTION, INC. EMPLOYEES PENSION PLAN, LEEWARD CONSTRUCTION, INC.

LEEWARD CONSTRUCTION, INC.EIN 22-3208574Plan #001PY 2016

9 COLLAN PARK - HONESDALE, PA 184319655570-253-4090leewardconstruction.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$10.6M

No prior year

Total participants

284

No prior year

Average account balance

$37,413

No prior year

Annual return

1.14%

No prior year

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.23M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

248

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.

89.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$510

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 3 by compensation

Provider	Service type	Compensation
FINANCIAL NETWORK INVESTMENT CORP1+ years Service code 27 200 N. SEPULVEDA BLVD SUITE 1300 · EL SEGUNDO, CA 90245	Advisory (Plan)	$68,977
KT ADMINISTRATORS, LLC1+ years Filed as: KT ADMINISTRATORS INC Service code 14 · EIN 23-2218197	Plan Administrator	$11,610
KRONICK KALADA BERDY & CO., P.C.1+ years Filed as: KRONICK KALADA BERDY & CO PC Service code 10 · EIN 23-2667890	Accounting	$11,400

Plan features & details

Pension benefit codes2C3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$92K

$470 / participant

Investment mgmt$69K74.9%
Other / not subdivided$23K25.1%

% of EOY assets

0.866%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KRONICK KALADA BERDY & CO PC
Auditor EIN: 232667890
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,413

$52,884-29.3%

$84,753-55.9%

$55,167-32.2%

Participation rate

100.0%

67.5%+32.5pp

76.6%+23.4pp

69.0%+31.0pp

Annual return

1.14%

18.03%-16.9pp

22.78%-21.6pp

169.23%-168.1pp

Employer contribution / active EE

$7,840

$2,233+251.0%

$3,574+119.3%

$1,963+299.4%

Participant deferral / active EE

$2,644-100.0%

$3,712-100.0%

$3,054-100.0%

Admin fee / account holder

$324

$581-44.2%

$5,333-93.9%

$504-35.7%

Provider

Service type

Compensation

FINANCIAL NETWORK INVESTMENT CORP1+ years

Service code 27

200 N. SEPULVEDA BLVD SUITE 1300 · EL SEGUNDO, CA 90245

Advisory (Plan)

$68,977

KT ADMINISTRATORS, LLC1+ years

Filed as: KT ADMINISTRATORS INC

Service code 14 · EIN 23-2218197

Plan Administrator

$11,610

KRONICK KALADA BERDY & CO., P.C.1+ years

Filed as: KRONICK KALADA BERDY & CO PC

Service code 10 · EIN 23-2667890

Accounting

$11,400

E. R. LINDE CONSTRUCTION CORP./LEEWARD CONSTRUCTION, INC. EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E. R. LINDE CONSTRUCTION CORP./LEEWARD CONSTRUCTION, INC. EMPLOYEES PENSION 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