Retirement plan

BOONE BROTHERS ROOFING 401(K) PLAN

Name: ARR ROOFING, LLC DBA BOONE BROTHERS ROOFING - BOONE BROTHERS ROOFING 401(K) PLAN (2017) Form 5500
Creator: ARR ROOFING, LLC DBA BOONE BROTHERS ROOFING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOONE BROTHERS ROOFING 401(K) PLAN, ARR ROOFING, LLC DBA BOONE BROTHERS ROOFING

ARR ROOFING, LLC DBA BOONE BROTHERS ROOFINGEIN 35-2166626Plan #001PY 2017

8909 WASHINGTON STREET - OMAHA, NE 68127402-339-2888

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$7.3M

+17.7% from 2016

Total participants

-3.9% from 2016

Average account balance

$91,963

+20.6% from 2016

Annual return

15.59%

+8.11 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

$6.30M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$283K

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

+10.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13625

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

Top 4 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 49 · EIN 51-0120742	Other Services	$18,279
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$18,232
DARST, BRUNE & ASSOCIATES3+ years Filed as: DARST, BRUNE AND ASSOCIATES Service code 10 · EIN 45-3357414	Accounting	$16,980
BENEFIT PLANS ADMIN SERVICES, INC.3+ years Filed as: BENEFIT PLANS, INC. Service code 13 · EIN 47-0617162	Contract Administrator	$5,160

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$29K

$329 / participant

Investment mgmt$9K29.8%
Contract admin$3K11.5%
Other / not subdivided$17K58.7%

% of EOY assets

0.398%

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: DARST BRUNE & ASSOCIATES
Auditor EIN: 453357414
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,963

$63,346+45.2%

$92,239-0.3%

$70,124+31.1%

Participation rate

77.3%

68.7%+8.6pp

76.5%+0.8pp

69.5%+7.7pp

Annual return

15.59%

530.19%-514.6pp

176.29%-160.7pp

73.14%-57.6pp

Employer contribution / active EE

$1,207

$2,471-51.2%

$3,680-67.2%

$2,342-48.5%

Participant deferral / active EE

$2,941

$2,854+3.1%

$3,897-24.5%

$3,332-11.7%

Admin fee / account holder

$366

$3,841-90.5%

$5,194-93.0%

$4,645-92.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 49 · EIN 51-0120742

Other Services

$18,279

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$18,232

DARST, BRUNE & ASSOCIATES3+ years

Filed as: DARST, BRUNE AND ASSOCIATES

Service code 10 · EIN 45-3357414

Accounting

$16,980

BENEFIT PLANS ADMIN SERVICES, INC.3+ years

Filed as: BENEFIT PLANS, INC.

Service code 13 · EIN 47-0617162

Contract Administrator

$5,160

BOONE BROTHERS ROOFING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOONE BROTHERS ROOFING 401(K) 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