Retirement plan

ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING PLAN

Name: ATLAS MECHANICAL, INC. - ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING PLAN (2016) Form 5500
Creator: ATLAS MECHANICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING PLAN, ATLAS MECHANICAL, INC.

ATLAS MECHANICAL, INC.EIN 33-0467796Plan #002PY 2016

8260 CAMINO SANTA FE SUITE B - SAN DIEGO, CA 92121858-554-0700atlasmechanical.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participationLow employer contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.9M

+14.4% from 2015

Total participants

215

+85.3% from 2015

Average account balance

$26,618

-26.3% from 2015

Annual return

6.07%

+8.14 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.01M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

294

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.

90.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
V WEALTH MANAGEMENT LLC2+ years Filed as: V WEALTH MANAGEMENT, LLC Service code 27 6800 COLLEGE BLVD STE 200 · OVERLAND PARK, KS 66211	Advisory (Plan)	$15,880
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$5,476
TRANSAMERICAN LIFE INSURANCE COMPAN2+ years Service code 15 · EIN 39-0989781	Recordkeeping	$3,882

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3B

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$20K

$119 / participant

Investment mgmt$11K53.4%
Contract admin$9K46.6%

% of EOY assets

0.517%

all-in expense ratio

Categories reported

2 / 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: RBTK LLP
Auditor EIN: 330567239
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,618

$52,884-49.7%

$84,753-68.6%

$55,167-51.8%

Participation rate

59.2%

67.5%-8.3pp

76.6%-17.4pp

69.0%-9.8pp

Annual return

6.07%

18.03%-12.0pp

22.78%-16.7pp

169.23%-163.2pp

Employer contribution / active EE

$355

$2,233-84.1%

$3,574-90.1%

$1,963-81.9%

Participant deferral / active EE

$2,519

$2,644-4.7%

$3,712-32.1%

$3,054-17.5%

Admin fee / account holder

$138

$581-76.3%

$5,333-97.4%

$504-72.7%

Provider

Service type

Compensation

V WEALTH MANAGEMENT LLC2+ years

Filed as: V WEALTH MANAGEMENT, LLC

Service code 27

6800 COLLEGE BLVD STE 200 · OVERLAND PARK, KS 66211

Advisory (Plan)

$15,880

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$5,476

TRANSAMERICAN LIFE INSURANCE COMPAN2+ years

Service code 15 · EIN 39-0989781

Recordkeeping

$3,882

ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING 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