Retirement plan

FISHER COMPANIES 401(K) PLAN

Name: CENTRAL ASPHALT, INC. - FISHER COMPANIES 401(K) PLAN (2020) Form 5500
Creator: CENTRAL ASPHALT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHER COMPANIES 401(K) PLAN, CENTRAL ASPHALT, INC.

CENTRAL ASPHALT, INC.EIN 38-2408252Plan #001PY 2020

BOX 860 - MOUNT PLEASANT, MI 488040860989-794-1000

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.4M

+22.9% from 2019

Total participants

293

+5.4% from 2019

Average account balance

$71,419

-2.2% from 2019

Annual return

12.95%

-6.75 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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
TCF WEALTH MANAGEMENT1 year Service code 21 235 E. MAIN ST. · MIDLAND, MI 48641	Bank Trustee	$26,728

Plan features & details

Pension benefit codes2E2G2J2K2T3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$62K

$239 / participant

Other / not subdivided$62K100.0%

% of EOY assets

0.403%

all-in expense ratio

Categories reported

0 / 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. MURRY AND COMPANY
Auditor EIN: 382232047
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,419

$91,517-22.0%

$101,271-29.5%

$73,412-2.7%

Participation rate

70.4%

73.8%-3.4pp

75.8%-5.4pp

72.2%-1.8pp

Annual return

12.95%

17.17%-4.2pp

46.48%-33.5pp

59.30%-46.3pp

Employer contribution / active EE

$3,663

$2,877+27.3%

$3,660+0.1%

$2,234+64.0%

Participant deferral / active EE

$3,035

$3,338-9.1%

$4,371-30.6%

$3,806-20.2%

Admin fee / account holder

$288

$216+33.4%

$5,948-95.2%

$158+82.4%

Provider

Service type

Compensation

TCF WEALTH MANAGEMENT1 year

Service code 21

235 E. MAIN ST. · MIDLAND, MI 48641

Bank Trustee

$26,728

FISHER COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHER COMPANIES 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