Retirement plan

FISHER COMPANIES 401K PLAN

Name: CENTRAL ASPHALT, INC. - FISHER COMPANIES 401K PLAN (2019) Form 5500
Creator: CENTRAL ASPHALT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHER COMPANIES 401K PLAN, CENTRAL ASPHALT, INC.

CENTRAL ASPHALT, INC.EIN 38-2408252Plan #001PY 2019

C/O FISHER COMPANIES, BOX 860 - MT. PLEASANT, MI 488040860989-794-1000

Prospect flagsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$12.6M

+28.3% from 2018

Total participants

278

+13.5% from 2018

Average account balance

$72,996

+15.6% from 2018

Annual return

19.70%

+26.39 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.31M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

326

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.

90.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
CHEMICAL BANK5+ years Filed as: CHEMICAL BANK WEALTH MANAGEMENT Service code 21 235 E MAIN STREET · MIDLAND, MI 486412049	Bank Trustee	$54,494

Plan features & details

Pension benefit codes2E2G2J2K

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$55K

$217 / participant

Investment mgmt$860.2%
Contract admin$55K99.8%

% of EOY assets

0.441%

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: ROBERT F MURRAY AND COMPANY
Auditor EIN: 382232047
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,996

$66,601+9.6%

$92,909-21.4%

$67,579+8.0%

Participation rate

58.4%

72.5%-14.1pp

76.0%-17.6pp

71.3%-12.8pp

Annual return

19.70%

92.58%-72.9pp

109.44%-89.7pp

378.56%-358.9pp

Employer contribution / active EE

$1,245

$2,775-55.1%

$3,653-65.9%

$2,148-42.0%

Participant deferral / active EE

$2,811

$3,157-10.9%

$4,238-33.7%

$3,539-20.6%

Admin fee / account holder

$322

$199+61.8%

$5,795-94.4%

$142+126.2%

Provider

Service type

Compensation

CHEMICAL BANK5+ years

Filed as: CHEMICAL BANK WEALTH MANAGEMENT

Service code 21

235 E MAIN STREET · MIDLAND, MI 486412049

Bank Trustee

$54,494

FISHER COMPANIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHER COMPANIES 401K 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