Retirement plan

HIGHWAY EQUIPMENT COMPANY UNION 401(K) PLAN

Name: HIGHWAY EQP - UNION - HIGHWAY EQUIPMENT COMPANY UNION 401(K) PLAN (2017) Form 5500
Creator: HIGHWAY EQP - UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGHWAY EQUIPMENT COMPANY UNION 401(K) PLAN, HIGHWAY EQP - UNION

HIGHWAY EQP - UNIONEIN 25-0983181Plan #003PY 2017

22035 PERRY HIGHWAY - ZELIENOPLE, PA 16063724-452-7800

Other plans on this EIN

1 filing

#001Retirement-$5.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+11.7% from 2016

Total participants

+7.7% from 2016

Average account balance

$62,623

+7.6% from 2016

Annual return

16.56%

+8.98 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.92M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$193K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38079

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 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

$365K

$7762 / participant

Other / not subdivided$365K100.0%

% of EOY assets

10.788%

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

$62,623

$78,707-20.4%

$117,861-46.9%

$70,126-10.7%

Participation rate

95.7%

73.2%+22.6pp

79.7%+16.1pp

69.5%+26.2pp

Annual return

16.56%

23.30%-6.7pp

335.11%-318.5pp

73.15%-56.6pp

Employer contribution / active EE

$2,877

$2,223+29.4%

$3,786-24.0%

$2,343+22.8%

Participant deferral / active EE

$1,599

$3,297-51.5%

$4,482-64.3%

$3,332-52.0%

Admin fee / account holder

$6,756

$5,066+33.4%

$8,021-15.8%

$4,645+45.4%

HIGHWAY EQUIPMENT COMPANY UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGHWAY EQUIPMENT COMPANY UNION 401(K) 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