Retirement plan

BOB TURNER CRANE SERVICE INCOR 401 K PROFIT SHARING PLAN TRUST

Name: BOB TURNER CRANE SERVICE INCOR - BOB TURNER CRANE SERVICE INCOR 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: BOB TURNER CRANE SERVICE INCOR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOB TURNER CRANE SERVICE INCOR 401 K PROFIT SHARING PLAN TRUST, BOB TURNER CRANE SERVICE INCOR

BOB TURNER CRANE SERVICE INCOREIN 33-0527451Plan #002PY 2018

12101 HWY 67 - LAKESIDE, CA 92040619-443-5887

Other plans on this EIN

1 filing

#001Retirement-$1.5M assets

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$775K

+11.3% from 2017

Total participants

+34.1% from 2017

Average account balance

$26,741

-7.9% from 2017

Annual return

5.58%

-7.44 pp from 2017

Benchmarks

See 15,016 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,016 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.25M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

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.

76.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$333K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4400

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

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 codes2G3D2F2T2E2J

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.
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.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$210K

$3969 / participant

Other / not subdivided$210K100.0%

% of EOY assets

27.127%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,741

$57,352-53.4%

$83,831-68.1%

$64,173-58.3%

Participation rate

50.9%

68.6%-17.7pp

76.1%-25.2pp

69.6%-18.6pp

Annual return

5.58%

11.38%-5.8pp

850.99%-845.4pp

7.63%-2.1pp

Employer contribution / active EE

$2,546-100.0%

$3,631-100.0%

$2,381-100.0%

Participant deferral / active EE

$4,578

$2,993+52.9%

$4,082+12.1%

$3,470+31.9%

Admin fee / account holder

$7,254

$4,046+79.3%

$5,479+32.4%

$4,887+48.4%

BOB TURNER CRANE SERVICE INCOR 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOB TURNER CRANE SERVICE INCOR 401 K PROFIT SHARING PLAN 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