Retirement plan

R.G. JOHNSON COMPANY, INC. RETIREMENT PLAN

Name: R.G. JOHNSON COMPANY, INC. - R.G. JOHNSON COMPANY, INC. RETIREMENT PLAN (2016) Form 5500
Creator: R.G. JOHNSON COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.G. JOHNSON COMPANY, INC. RETIREMENT PLAN, R.G. JOHNSON COMPANY, INC.

R.G. JOHNSON COMPANY, INC.EIN 25-1578332Plan #001PY 2016

25 SOUTH COLLEGE STREET - WASHINGTON, PA 15301724-222-6810rgjohnsoninc.comLinkedIn11-50 employeesmining & metals

Prospect flagsHigh feesCorrective distributionsWind-down / frozen

How to read this page

Total assets (EOY)

$19.7M

-6.4% from 2015

Total participants

145

-9.9% from 2015

Average account balance

$135,826

+3.3% from 2015

Annual return

5.02%

+5.16 pp from 2015

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.45M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

157

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+8.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969	Claims processing; Sub-transfer agenc...	$36,867
COMMONWEALTH FINANCIAL NETWORK1 year Service code 27 29 SAWYER ROAD · WALTHAM, MA 02453	Advisory (Plan)	$23,392
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 10 · EIN 13-5381590	Accounting	$12,483

Plan features & details

Pension benefit codes2E2F2G2J2T3D2S

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$50K

$2178 / participant

Investment mgmt$23K46.7%
Contract admin$14K28.4%
Other / not subdivided$12K24.9%

% of EOY assets

0.254%

all-in expense ratio

Categories reported

2 / 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: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,826

$99,345+36.7%

$84,753+60.3%

$273,972-50.4%

Participation rate

100.0%

80.7%+19.3pp

76.6%+23.4pp

83.0%+17.0pp

Annual return

5.02%

22.93%-17.9pp

22.78%-17.8pp

41.46%-36.4pp

Employer contribution / active EE

$18,471

$4,214+338.3%

$3,574+416.8%

$4,869+279.4%

Participant deferral / active EE

$13,509

$4,270+216.4%

$3,712+263.9%

$5,287+155.5%

Admin fee / account holder

$345

$6,645-94.8%

$5,333-93.5%

$10,133-96.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 12 · EIN 27-2037969

Claims processing; Sub-transfer agenc...

$36,867

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 27

29 SAWYER ROAD · WALTHAM, MA 02453

Advisory (Plan)

$23,392

BDO USA, LLP1 year

Filed as: BDO USA LLP

Service code 10 · EIN 13-5381590

Accounting

$12,483

R.G. JOHNSON COMPANY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R.G. JOHNSON COMPANY, INC. 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