Retirement plan

LONE STAR CORPORATION 401K PLAN

Name: LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATION - LONE STAR CORPORATION 401K PLAN (2020) Form 5500
Creator: LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONE STAR CORPORATION 401K PLAN, LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATION

LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATIONEIN 27-1086228Plan #001PY 2020

2222 WEST 42ND STREET - ODESSA, TX 79764432-368-7827LinkedIn11-50 employeesconstruction

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.7M

+13.6% from 2019

Total participants

162

+0.6% from 2019

Average account balance

$35,644

+17.0% from 2019

Annual return

13.22%

-12.57 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.11M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

134

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.

41.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$933K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 18 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5 years Filed as: MASSACHUSETTS MUTUAL LIFE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$4,668
AB FUNDS2 years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN CENTURY4 years Service code 52 · EIN 43-1567889	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK2 years Service code 52 · EIN 04-6171663	Indirect Investment Fees	$0
COLUMBIA4 years Service code 52 · EIN 94-1687665	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 52 · EIN 61-1732930	Indirect Investment Fees	$0
INVESCO4 years Service code 52 · EIN 93-1036175	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT4 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT2 years Filed as: MFS INVESTMENT MANAGMENT Service code 52	Indirect Investment Fees	$0

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$41 / participant

Investment mgmt$5K100.0%

% of EOY assets

0.100%

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: PANNELL KERR FORSTER OF TEXAS, P.C.
Auditor EIN: 760356844
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,644

$73,638-51.6%

$95,956-62.9%

$73,493-51.5%

Participation rate

73.0%

76.2%-3.1pp

77.1%-4.0pp

70.7%+2.4pp

Annual return

13.22%

16.78%-3.6pp

91.63%-78.4pp

28.51%-15.3pp

Employer contribution / active EE

$3,110

$1,863+66.9%

$2,541+22.4%

$2,270+37.0%

Participant deferral / active EE

$3,560

$3,617-1.6%

$4,167-14.6%

$3,740-4.8%

Admin fee / account holder

$36

$482-92.6%

$6,797-99.5%

$513-93.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5 years

Filed as: MASSACHUSETTS MUTUAL LIFE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$4,668

AB FUNDS2 years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN CENTURY4 years

Service code 52 · EIN 43-1567889

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK2 years

Service code 52 · EIN 04-6171663

Indirect Investment Fees

COLUMBIA4 years

Service code 52 · EIN 94-1687665

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 52 · EIN 61-1732930

Indirect Investment Fees

INVESCO4 years

Service code 52 · EIN 93-1036175

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT4 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT2 years

Filed as: MFS INVESTMENT MANAGMENT

Service code 52

Indirect Investment Fees

LONE STAR CORPORATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LONE STAR CORPORATION 401K 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