Retirement plan

SOLID ROCK MANAGEMENT CO 401(K) PROFIT SHARING PLAN

Name: SOLID ROCK MANAGEMENT CO. - SOLID ROCK MANAGEMENT CO 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SOLID ROCK MANAGEMENT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOLID ROCK MANAGEMENT CO 401(K) PROFIT SHARING PLAN, SOLID ROCK MANAGEMENT CO.

SOLID ROCK MANAGEMENT CO.EIN 38-3414938Plan #001PY 2017

3031 WEST GRAND BLVD, SUITE 524 - DETROIT, MI 48202313-873-7625solidrock-management.comLinkedIn201-500 employeeseducation management

Other plans on this EIN

1 filing

#003Retirement-$565K assets

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+3.9% from 2016

Total participants

124

+4.2% from 2016

Average account balance

$12,967

-7.0% from 2016

Annual return

12.04%

+5.89 pp from 2016

Benchmarks

See 3,768 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,768 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$495K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16463

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER2 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$1,530
ADP BROKER-DEALER2 years Service code 49 · EIN 22-3319984	Other Services	$0
MORGAN STANLEY SMITH BARNEY2 years Service code 49 220 PARK ST 220 · BIRMINGHAM, MI 48009	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$29 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.095%

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: ALAN C YOUNG AND ASSOCIATES
Auditor EIN: 382463166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,967

$45,050-71.2%

$63,018-79.4%

$70,126-81.5%

Participation rate

100.0%

69.5%+30.5pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

12.04%

18.76%-6.7pp

87.62%-75.6pp

73.15%-61.1pp

Employer contribution / active EE

$2,052-99.9%

$2,761-99.9%

$2,343-99.9%

Participant deferral / active EE

$1,081

$2,466-56.1%

$3,330-67.5%

$3,332-67.5%

Admin fee / account holder

$12

$2,834-99.6%

$3,601-99.7%

$4,645-99.7%

Provider

Service type

Compensation

ADP BROKER-DEALER2 years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$1,530

ADP BROKER-DEALER2 years

Service code 49 · EIN 22-3319984

Other Services

MORGAN STANLEY SMITH BARNEY2 years

Service code 49

220 PARK ST 220 · BIRMINGHAM, MI 48009

Other Services

SOLID ROCK MANAGEMENT CO 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOLID ROCK MANAGEMENT CO 401(K) PROFIT SHARING 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