Retirement plan

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN

Name: CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC. - SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN (2018) Form 5500
Creator: CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN, CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.

CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.EIN 23-2286881Plan #003PY 2018

355 NEWBOLD ROAD - FAIRLESS HILLS, PA 19030215-295-0777LinkedIn201-500 employeesglass, ceramics & concrete

Other plans on this EIN

2 filings

#002Retirement-$17.7M assets #001Retirement-$12.5M assets

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$1.3M

+2.9% from 2017

Total participants

+3.0% from 2017

Average account balance

$20,119

+1.4% from 2017

Annual return

-5.43%

-19.27 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.17M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

119.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$273K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1259

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 codes2C2G2T3D3H

Plan features

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$72K

$1288 / participant

Other / not subdivided$72K100.0%

% of EOY assets

5.352%

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

$20,119

$61,660-67.4%

$80,022-74.9%

$64,173-68.6%

Participation rate

98.2%

71.7%+26.5pp

75.8%+22.4pp

69.6%+28.6pp

Annual return

-5.43%

-0.33%-5.1pp

11.22%-16.6pp

7.63%-13.1pp

Employer contribution / active EE

$3,211

$1,810+77.4%

$2,468+30.1%

$2,381+34.9%

Participant deferral / active EE

$2,968-100.0%

$3,686-100.0%

$3,470-100.0%

Admin fee / account holder

$1,077

$5,417-80.1%

$6,521-83.5%

$4,887-78.0%

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE 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