Retirement plan

TSAY FEDERAL CONTRACTING COMPANIES 401(K) PLAN

Name: TSAY CONSTRUCTION & SERVICES, LLC - TSAY FEDERAL CONTRACTING COMPANIES 401(K) PLAN (2017) Form 5500
Creator: TSAY CONSTRUCTION & SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TSAY FEDERAL CONTRACTING COMPANIES 401(K) PLAN, TSAY CONSTRUCTION & SERVICES, LLC

TSAY CONSTRUCTION & SERVICES, LLCEIN 27-0083965Plan #001PY 2017

1424 DEBORAH S.E. SUITE 106 - RIO RANCHO, NM 87124505-747-0700

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$17.6M

+13.3% from 2016

Total participants

591

-1.5% from 2016

Average account balance

$32,595

+15.0% from 2016

Annual return

12.12%

+5.90 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.95M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

467

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.

77.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$126

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
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT-WEST LIFE AND ANNUITY INS Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$52,314
US BANCORP INVESTMENTS INC3+ years Filed as: US BANCORP INVESTMENTS, INC. Service code 55 7TH AND WASHINGTON 22ND FLOOR · ST. LOUIS, MO 63101	Other Commissions	$32,673
PATTISON PENSION SPECIALISTS, INC.3+ years Service code 13 · EIN 85-0437924 3150 CARLISLE BLVD. N.E., SUITE 211 · ALBUQUERQUE, NM 87110	Contract Administrator	$14,410

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$59K

$119 / participant

Investment mgmt$59K100.0%

% of EOY assets

0.333%

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: BLUEBIRD CPAS
Auditor EIN: 261571066
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,595

$31,424+3.7%

$81,473-60.0%

$69,631-53.2%

Participation rate

89.7%

50.8%+38.8pp

68.0%+21.7pp

70.7%+19.0pp

Annual return

12.12%

22.44%-10.3pp

38.78%-26.7pp

27571.02%-27558.9pp

Employer contribution / active EE

$3,510

$1,029+241.2%

$2,568+36.7%

$2,032+72.7%

Participant deferral / active EE

$1,000

$1,838-45.6%

$3,537-71.7%

$3,224-69.0%

Admin fee / account holder

$109

$103+5.9%

$4,561-97.6%

$110-1.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT-WEST LIFE AND ANNUITY INS

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$52,314

US BANCORP INVESTMENTS INC3+ years

Filed as: US BANCORP INVESTMENTS, INC.

Service code 55

7TH AND WASHINGTON 22ND FLOOR · ST. LOUIS, MO 63101

Other Commissions

$32,673

PATTISON PENSION SPECIALISTS, INC.3+ years

Service code 13 · EIN 85-0437924

3150 CARLISLE BLVD. N.E., SUITE 211 · ALBUQUERQUE, NM 87110

Contract Administrator

$14,410

TSAY FEDERAL CONTRACTING COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TSAY FEDERAL CONTRACTING COMPANIES 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