Retirement plan

MID-STATE CONSTRUCTION CORP. 401(K)PROFIT SHARING PLAN

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

MID-STATE CONSTRUCTION CORP 401(K) PROFIT SHARING PLANEIN 22-3500467Plan #001PY 2018

74 PORETE AVENUE - NORTH ARLINGTON, NJ 07031201-955-3373

Prospect flagsHigh retiree %High feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.1M

-7.3% from 2017

Total participants

0.0% from 2017

Average account balance

$278,357

-7.3% from 2017

Annual return

-2.44%

-15.48 pp from 2017

Benchmarks

See 38,941 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,941 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$318K

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

72.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$604

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

-2.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2R3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$132K

$44115 / participant

Other / not subdivided$132K100.0%

% of EOY assets

11.886%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$278,357

$97,729+184.8%

$83,830+232.0%

$135,379+105.6%

Participation rate

100.0%

80.0%+20.0pp

76.1%+23.9pp

82.6%+17.4pp

Annual return

-2.44%

1287.52%-1290.0pp

850.97%-853.4pp

519.79%-522.2pp

Employer contribution / active EE

$6,071

$4,222+43.8%

$3,631+67.2%

$4,779+27.0%

Participant deferral / active EE

$18,667

$4,683+298.6%

$4,082+357.3%

$5,609+232.8%

Admin fee / account holder

$33,087

$6,674+395.7%

$5,479+503.9%

$10,828+205.6%

MID-STATE CONSTRUCTION CORP. 401(K)PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID-STATE CONSTRUCTION CORP. 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