Retirement plan

WORK ZONE SAFETY, INC. 401(K) PROFIT SHARING PLAN FOR UNION EMPLOYEES

Name: WORK ZONE SAFETY, INC. - WORK ZONE SAFETY, INC. 401(K) PROFIT SHARING PLAN FOR UNION EMPLOYEES (2017) Form 5500
Creator: WORK ZONE SAFETY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WORK ZONE SAFETY, INC. 401(K) PROFIT SHARING PLAN FOR UNION EMPLOYEES, WORK ZONE SAFETY, INC.

WORK ZONE SAFETY, INC.EIN 35-2202844Plan #002PY 2017

17051 GAYLORD RD. - CREST HILL, IL 60403815-834-0429workzonesafetyinc.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

2 filings

#001Retirement-$466K assets #003Retirement-$283K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$494K

+107.4% from 2016

Total participants

-6.7% from 2016

Average account balance

$37,987

+123.4% from 2016

Annual return

25.08%

+25.08 pp from 2016

Benchmarks

See 37,229 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,229 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.15M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$506K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+19.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21537

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 codes2E2F2H2J2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

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

$36K

$2583 / participant

Other / not subdivided$36K100.0%

% of EOY assets

7.322%

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

$37,987

$106,008-64.2%

$92,240-58.8%

$147,586-74.3%

Participation rate

92.9%

80.4%+12.4pp

76.5%+16.4pp

82.8%+10.0pp

Annual return

25.08%

50.05%-25.0pp

176.29%-151.2pp

578.59%-553.5pp

Employer contribution / active EE

$10,948

$4,333+152.6%

$3,680+197.5%

$4,876+124.5%

Participant deferral / active EE

$5,432

$4,478+21.3%

$3,897+39.4%

$5,439-0.1%

Admin fee / account holder

$2,781

$6,333-56.1%

$5,194-46.5%

$10,886-74.4%

WORK ZONE SAFETY, INC. 401(K) PROFIT SHARING PLAN FOR UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WORK ZONE SAFETY, INC. 401(K) PROFIT SHARING PLAN FOR UNION EMPLOYEES

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