Retirement plan

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

Name: HAAS SONS, INC. - HAAS SONS, INC. 401(K) PROFIT SHARING PLAN (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.9M

+7.4% from 2017

Total participants

321

+5.9% from 2017

Average account balance

$55,651

+1.1% from 2017

Annual return

-4.06%

-19.37 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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 2 by compensation

Provider	Service type	Compensation
BAIRD FUNDS1 year Filed as: ROBERT W BAIRD & CO Service code 27 777 E WISCONSIN AVE · MILWAUKEE, WI 53201	Advisory (Plan)	$28,892
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH & MANAGEMENT Service code 64 333 SOUTH HOPE RD · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,075

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$35K

$142 / participant

Investment mgmt$29K83.3%
Contract admin$2K6.0%
Other / not subdivided$4K10.8%

% of EOY assets

0.194%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARLSONSV LLP
Auditor EIN: 411562398
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,651

$55,449+0.4%

$83,831-33.6%

$56,289-1.1%

Participation rate

100.0%

68.0%+32.0pp

76.1%+23.9pp

69.9%+30.1pp

Annual return

-4.06%

-1.38%-2.7pp

850.99%-855.0pp

-9.96%+5.9pp

Employer contribution / active EE

$8,450

$2,430+247.7%

$3,631+132.7%

$2,111+300.3%

Participant deferral / active EE

$2,432

$2,935-17.2%

$4,082-40.4%

$3,350-27.4%

Admin fee / account holder

$108

$656-83.5%

$5,479-98.0%

$521-79.3%

Provider

Service type

Compensation

BAIRD FUNDS1 year

Filed as: ROBERT W BAIRD & CO

Service code 27

777 E WISCONSIN AVE · MILWAUKEE, WI 53201

Advisory (Plan)

$28,892

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH & MANAGEMENT

Service code 64

333 SOUTH HOPE RD · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,075

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