Retirement plan

JESS HOWARD ELECTRIC COMPANY, INC. RETIREMENT SAVINGS PLAN

Name: JESS HOWARD ELECTRIC COMPANY, INC. - JESS HOWARD ELECTRIC COMPANY, INC. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: JESS HOWARD ELECTRIC COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JESS HOWARD ELECTRIC COMPANY, INC. RETIREMENT SAVINGS PLAN, JESS HOWARD ELECTRIC COMPANY, INC.

JESS HOWARD ELECTRIC COMPANY, INC.EIN 31-4405752Plan #010PY 2017

P.O. BOX 400 - BLACKLICK, OH 43004614-861-1300jesshoward.comLinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$7.7M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$2.6M

+8.5% from 2016

Total participants

124

-6.1% from 2016

Average account balance

$26,451

+12.9% from 2016

Annual return

16.66%

+10.24 pp from 2016

Benchmarks

See 14,318 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort14,318 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$220K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-99.26%

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

0 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
AMERIPRISE FINANCIAL SERVICES INC2+ years Service code 55 · EIN 38-1961943	Other Commissions	$5,697
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 25 · EIN 04-2647786	Directed Trustee	$4,499

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

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

Expense breakdown

Schedule H Part II

Admin total

$4K

$49 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

0 / 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: REA & ASSOCIATES, INC.
Auditor EIN: 341310124
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,451

$63,346-58.2%

$92,240-71.3%

$70,126-62.3%

Participation rate

71.4%

68.7%+2.8pp

76.5%-5.1pp

69.5%+1.9pp

Annual return

16.66%

530.19%-513.5pp

176.29%-159.6pp

73.15%-56.5pp

Employer contribution / active EE

$2,105

$2,471-14.8%

$3,680-42.8%

$2,343-10.2%

Participant deferral / active EE

$2,854-100.0%

$3,897-100.0%

$3,332-100.0%

Admin fee / account holder

$46

$3,841-98.8%

$5,194-99.1%

$4,645-99.0%

Provider

Service type

Compensation

AMERIPRISE FINANCIAL SERVICES INC2+ years

Service code 55 · EIN 38-1961943

Other Commissions

$5,697

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 25 · EIN 04-2647786

Directed Trustee

$4,499

JESS HOWARD ELECTRIC COMPANY, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JESS HOWARD ELECTRIC COMPANY, INC. RETIREMENT SAVINGS 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