Retirement plan

HAAS SONS, INC. 401(K) PROFIT SHARING PLAN

Name: HAAS SONS, INC. - HAAS SONS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: HAAS SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAAS SONS, INC. 401(K) PROFIT SHARING PLAN, HAAS SONS, INC.

HAAS SONS, INC.EIN 39-1621289Plan #001PY 2016

203 E. BIRCH STREET - THORP, WI 547719609715-669-5469haas4.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$13M

+20.1% from 2015

Total participants

287

+7.5% from 2015

Average account balance

$45,154

+11.7% from 2015

Annual return

7.34%

+7.19 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.49M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

497

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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 3 by compensation

Provider	Service type	Compensation
BAIRD FUNDS1 year Filed as: ROBERT W. BAIRD & CO. Service code 55 4112 OAKWOOD HILLS PWKY SUITE 100 · EAU CLAIRE, WI 547021248	Other Commissions	$17,052
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 S HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,381
BRONFMAN E.L. ROTHSCHILD2+ years Filed as: BRONFMAN E.L. ROTHSCHILD LP Service code 13 2201 E. ENTERPRISE AVE., STE 203 · APPLETON, WI 54913	Contract Administrator	$350

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$2K

$8 / participant

Contract admin$2K100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAUMAN ASSOCIATES, LTD
Auditor EIN: 391277627
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,154

$52,884-14.6%

$84,753-46.7%

$55,167-18.2%

Participation rate

100.0%

67.5%+32.5pp

76.6%+23.4pp

69.0%+31.0pp

Annual return

7.34%

18.03%-10.7pp

22.78%-15.4pp

169.23%-161.9pp

Employer contribution / active EE

$7,002

$2,233+213.5%

$3,574+95.9%

$1,963+256.8%

Participant deferral / active EE

$1,844

$2,644-30.2%

$3,712-50.3%

$3,054-39.6%

Admin fee / account holder

$581-99.0%

$5,333-99.9%

$504-98.8%

Provider

Service type

Compensation

BAIRD FUNDS1 year

Filed as: ROBERT W. BAIRD & CO.

Service code 55

4112 OAKWOOD HILLS PWKY SUITE 100 · EAU CLAIRE, WI 547021248

Other Commissions

$17,052

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 S HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,381

BRONFMAN E.L. ROTHSCHILD2+ years

Filed as: BRONFMAN E.L. ROTHSCHILD LP

Service code 13

2201 E. ENTERPRISE AVE., STE 203 · APPLETON, WI 54913

Contract Administrator

$350

HAAS SONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAAS SONS, INC. 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