Retirement plan

NORTHERN MECHANICAL CONTRACTORS, INC. 401(K) PLAN & TRUST

Name: NORTHERN MECHANICAL CONTRACTORS, INC. - NORTHERN MECHANICAL CONTRACTORS, INC. 401(K) PLAN & TRUST (2017) Form 5500
Creator: NORTHERN MECHANICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN MECHANICAL CONTRACTORS, INC. 401(K) PLAN & TRUST, NORTHERN MECHANICAL CONTRACTORS, INC.

NORTHERN MECHANICAL CONTRACTORS, INC.EIN 23-2586928Plan #002PY 2017

452 A CLEARVIEW AVENUE - TREVOSE, PA 19053215-322-6142

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$386K

+43.3% from 2016

Total participants

+440.0% from 2016

Average account balance

$77,210

+43.3% from 2016

Annual return

16.43%

+9.41 pp from 2016

Benchmarks

See 37,233 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,233 peers

Snapshot2017

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$923K

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$65K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$458

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

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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 codes2G2E2J3D2F

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$367 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.381%

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

$77,210

$105,998-27.2%

$92,233-16.3%

$147,584-47.7%

Participation rate

0.0%

80.4%-80.4pp

76.5%-76.5pp

82.8%-82.8pp

Annual return

16.43%

50.05%-33.6pp

176.28%-159.9pp

578.55%-562.1pp

Employer contribution / active EE

$4,333-100.0%

$3,679-100.0%

$4,876-100.0%

Participant deferral / active EE

$18,113

$4,478+304.5%

$3,897+364.8%

$5,439+233.0%

Admin fee / account holder

$294

$6,332-95.4%

$5,194-94.3%

$10,885-97.3%

NORTHERN MECHANICAL CONTRACTORS, INC. 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN MECHANICAL CONTRACTORS, INC. 401(K) 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