Retirement plan

DRISCOLL CONSTRUCTION CO., INC. EMPLOYEE PROFIT SHARING PLAN & TRUST

Name: DRISCOLL CONSTRUCTION CO., INC. - DRISCOLL CONSTRUCTION CO., INC. EMPLOYEE PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: DRISCOLL CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DRISCOLL CONSTRUCTION CO., INC. EMPLOYEE PROFIT SHARING PLAN & TRUST, DRISCOLL CONSTRUCTION CO., INC.

DRISCOLL CONSTRUCTION CO., INC.EIN 23-1271402Plan #002PY 2018

1740 WALTON ROAD, SUITE 200 - BLUE BELL, PA 19422610-828-7472LinkedIn1-10 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

+0.0% from 2017

Total participants

-4.8% from 2017

Average account balance

$226,916

+11.8% from 2017

Annual return

-6.37%

-23.36 pp from 2017

Benchmarks

See 38,945 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,945 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$8.59M

Not enough data

1 years with asset history on file

Average account balance

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

$716K

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

0 years with headcount on file

Eligible Participants and Participation

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

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.72%

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$120K

$7074 / participant

Other / not subdivided$120K100.0%

% of EOY assets

3.118%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$226,916

$97,757+132.1%

$83,848+170.6%

$135,375+67.6%

Participation rate

82.4%

80.0%+2.4pp

76.1%+6.2pp

82.6%-0.3pp

Annual return

-6.37%

1287.37%-1293.7pp

850.88%-857.2pp

519.73%-526.1pp

Employer contribution / active EE

$8,448

$4,222+100.1%

$3,631+132.7%

$4,779+76.8%

Participant deferral / active EE

$12,122

$4,682+158.9%

$4,082+197.0%

$5,609+116.1%

Admin fee / account holder

$7,074

$6,674+6.0%

$5,478+29.1%

$10,827-34.7%

DRISCOLL CONSTRUCTION CO., INC. EMPLOYEE PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DRISCOLL CONSTRUCTION CO., INC. EMPLOYEE PROFIT SHARING PLAN & TRUST

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