Retirement plan

ALBORN CONSTRUCTION, INC. 401(K) PLAN AND TRUST

Name: ALBORN CONSTRUCTION, INC. - ALBORN CONSTRUCTION, INC. 401(K) PLAN AND TRUST (2016) Form 5500
Creator: ALBORN CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBORN CONSTRUCTION, INC. 401(K) PLAN AND TRUST, ALBORN CONSTRUCTION, INC.

ALBORN CONSTRUCTION, INC.EIN 26-1260809Plan #001PY 2016

118 E INTERNATIONAL AIRPORT RD - ANCHORAGE, AK 99503907-276-4400albornconstruction.comLinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$109K assets

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$232K

+39.7% from 2015

Total participants

0.0% from 2015

Average account balance

$57,902

+39.7% from 2015

Annual return

11.25%

+12.55 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

$1.01M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1776

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$57,902

$99,345-41.7%

$84,753-31.7%

$273,972-78.9%

Participation rate

50.0%

80.7%-30.7pp

76.6%-26.6pp

83.0%-33.0pp

Annual return

11.25%

22.93%-11.7pp

22.78%-11.5pp

41.46%-30.2pp

Employer contribution / active EE

$1,942

$4,214-53.9%

$3,574-45.7%

$4,869-60.1%

Participant deferral / active EE

$9,835

$4,270+130.3%

$3,712+165.0%

$5,287+86.0%

Admin fee / account holder

$6,645-100.0%

$5,333-100.0%

$10,133-100.0%

ALBORN CONSTRUCTION, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ALBORN CONSTRUCTION, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion