Retirement plan

HERITAGE GROUP RETIREMENT SAVINGS PLAN

Name: ASPHALT MATERIALS, INC. - HERITAGE GROUP RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: ASPHALT MATERIALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HERITAGE GROUP RETIREMENT SAVINGS PLAN, ASPHALT MATERIALS, INC.

ASPHALT MATERIALS, INC.EIN 35-1002095Plan #002PY 2019

5400 WEST 86TH STREET - INDIANAPOLIS, IN 46268317-872-6010asphalt-materials.comLinkedIn201-500 employeesconstruction

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 20, 2020 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

5400 W 86th

Indianapolis, IN 46268

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Plans declared (1)

Heritage Synfuel Binders1 emp

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Total assets (EOY)

$437.7M

-3.1% from 2016

Total participants

3,575

+10.5% from 2016

Average account balance

$142,769

-14.2% from 2016

Annual return

24.40%

-3.00 pp from 2016

Benchmarks

See 383 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort383 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$556.76M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

3,077

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

-12.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$178

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 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5+ years Filed as: THE VANGUARD GROUP INC Service code 26 · EIN 23-1945930 PO BOX 2900 · VALLEY FORGE, PA 19482	Advisory (Participants)	$68,450
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, OH 80111	Recordkeeping Fees	$34,569

Plan features & details

Pension benefit codes2E2F2G2J2K2S

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$88K

$29 / participant

Contract admin$88K100.0%

% of EOY assets

0.020%

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: PILE CPAS
Auditor EIN: 350865680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,769

$96,403+48.1%

$93,621+52.5%

$77,775+83.6%

Participation rate

83.1%

87.6%-4.6pp

75.8%+7.2pp

73.2%+9.9pp

Annual return

24.40%

39.36%-15.0pp

32.76%-8.4pp

32.58%-8.2pp

Employer contribution / active EE

$4,509

$3,616+24.7%

$2,719+65.8%

$2,504+80.1%

Participant deferral / active EE

$5,890

$5,341+10.3%

$4,070+44.7%

$3,966+48.5%

Admin fee / account holder

$29

$90-68.1%

$7,890-99.6%

$100-71.4%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5+ years

Filed as: THE VANGUARD GROUP INC

Service code 26 · EIN 23-1945930

PO BOX 2900 · VALLEY FORGE, PA 19482

Advisory (Participants)

$68,450

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, OH 80111

Recordkeeping Fees

$34,569

HERITAGE GROUP RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HERITAGE GROUP RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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