Retirement plan

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. - ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2017) Form 5500
Creator: ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.EIN 31-1704374Plan #002PY 2017

8584 VIRGINIA MEADOWS - MANASSAS, VA 201097813703-335-2677acmemchanical.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$15M

+29.1% from 2016

Total participants

168

+1.2% from 2016

Average account balance

$89,926

+28.3% from 2016

Annual return

23.47%

+23.04 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

$37.70M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

219

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+28.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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

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 codes2E2I2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$25

$0 / participant

Other / not subdivided$25100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MATTHEWS CARTER & BOYCE
Auditor EIN: 541487262
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,926

$58,726+53.1%

$92,240-2.5%

$62,293+44.4%

Participation rate

99.2%

68.3%+30.8pp

76.5%+22.7pp

69.5%+29.7pp

Annual return

23.47%

43.62%-20.1pp

176.29%-152.8pp

28.90%-5.4pp

Employer contribution / active EE

$5,488

$2,392+129.4%

$3,680+49.1%

$2,042+168.7%

Participant deferral / active EE

$2,766-100.0%

$3,897-100.0%

$3,169-100.0%

Admin fee / account holder

$556-100.0%

$5,194-100.0%

$479-100.0%

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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