Retirement plan

SHALLENBERGER CONSTRUCTION INC. 401(K) DAVIS BACON PLAN

Name: SHALLENBERGER CONSTRUCTION INC. - SHALLENBERGER CONSTRUCTION INC. 401(K) DAVIS BACON PLAN (2017) Form 5500
Creator: SHALLENBERGER CONSTRUCTION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHALLENBERGER CONSTRUCTION INC. 401(K) DAVIS BACON PLAN, SHALLENBERGER CONSTRUCTION INC.

SHALLENBERGER CONSTRUCTION INC.EIN 25-1661288Plan #002PY 2017

195 ENTERPRISE LN - CONNELLSVILLE, PA 154256617724-628-8408shallenbergerconstruction.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$8.2M

+43.6% from 2016

Total participants

222

-7.1% from 2016

Average account balance

$63,395

+35.8% from 2016

Annual return

38.17%

+32.09 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.57M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

114

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.

103.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$904K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6745

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

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$44,298
CLARK, SCHAEFER, HACKETT & CO.3+ years Filed as: CLARK, RONALD L. Service code 49 510 WASHINGTON AVE FL 2 · CARNEGIE, PA 151062864	Other Services	$0
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236	Other Services	$0
WILSHIRE ASSOCIATES INCORPORATED1 year Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

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

$44K

$217 / participant

Contract admin$44K100.0%

% of EOY assets

0.538%

all-in expense ratio

Categories reported

1 / 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: HERBEIN & COMPANY, INC.
Auditor EIN: 232415973
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,395

$58,726+7.9%

$92,240-31.3%

$62,293+1.8%

Participation rate

54.9%

68.3%-13.4pp

76.5%-21.6pp

69.5%-14.6pp

Annual return

38.17%

43.62%-5.4pp

176.29%-138.1pp

28.90%+9.3pp

Employer contribution / active EE

$1,312

$2,392-45.1%

$3,680-64.3%

$2,042-35.7%

Participant deferral / active EE

$2,061

$2,766-25.5%

$3,897-47.1%

$3,169-35.0%

Admin fee / account holder

$341

$556-38.8%

$5,194-93.4%

$479-28.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$44,298

CLARK, SCHAEFER, HACKETT & CO.3+ years

Filed as: CLARK, RONALD L.

Service code 49

510 WASHINGTON AVE FL 2 · CARNEGIE, PA 151062864

Other Services

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 49 · EIN 95-2834236

Other Services

WILSHIRE ASSOCIATES INCORPORATED1 year

Service code 27 · EIN 95-2755361

Advisory (Plan)

SHALLENBERGER CONSTRUCTION INC. 401(K) DAVIS BACON PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHALLENBERGER CONSTRUCTION INC. 401(K) DAVIS BACON 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