Retirement plan

LOBAR RETIREMENT PLAN

Name: LOBAR, INC. - LOBAR RETIREMENT PLAN (2017) Form 5500
Creator: LOBAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOBAR RETIREMENT PLAN, LOBAR, INC.

LOBAR, INC.EIN 23-1688154Plan #001PY 2017

1 OLD MILL ROAD - DILLSBURG, PA 170191608717-432-9728lobar.comLinkedIn201-500 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.5M

+14.7% from 2016

Total participants

292

-1.7% from 2016

Average account balance

$63,120

+18.0% from 2016

Annual return

18.63%

+9.66 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.18M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

273

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$370

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 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 55 1300 S. CLINTON ST. #150 · FT. WAYNE, IN 46802	Other Commissions	$39,445
PA RETIREMENT SOLUTIONS, INC.3+ years Service code 13 · EIN 27-2487837 1110 N MOUNTAIN RD · HARRISBURG, PA 17112	Contract Administrator	$18,290
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,358
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISOR SERVICES Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,255

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$16K

$65 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.094%

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: MARTIN M. SACKS & ASSOCIATES
Auditor EIN: 231979781
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,120

$60,545+4.3%

$92,240-31.6%

$69,631-9.4%

Participation rate

94.1%

72.2%+21.9pp

76.5%+17.6pp

70.7%+23.4pp

Annual return

18.63%

19.71%-1.1pp

176.29%-157.7pp

27571.02%-27552.4pp

Employer contribution / active EE

$2,633-100.0%

$3,680-100.0%

$2,032-100.0%

Participant deferral / active EE

$4,329

$2,828+53.1%

$3,897+11.1%

$3,224+34.3%

Admin fee / account holder

$59

$145-59.0%

$5,194-98.9%

$110-46.3%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3+ years

Filed as: LINCOLN FINANCIAL ADVISORS CORP

Service code 55

1300 S. CLINTON ST. #150 · FT. WAYNE, IN 46802

Other Commissions

$39,445

PA RETIREMENT SOLUTIONS, INC.3+ years

Service code 13 · EIN 27-2487837

1110 N MOUNTAIN RD · HARRISBURG, PA 17112

Contract Administrator

$18,290

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,358

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISOR SERVICES

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,255

LOBAR RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOBAR RETIREMENT 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