Retirement plan

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

Name: HAAS SONS, INC. - HAAS SONS, INC. 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.8M

+27.8% from 2018

Total participants

344

+7.2% from 2018

Average account balance

$66,362

+19.2% from 2018

Annual return

20.06%

+24.12 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

$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 FUNDS2 years Filed as: ROBERT W BAIRD & CO Service code 27 777 E WISCONSIN AVE · MILWAUKEE, WI 53201	Advisory (Plan)	$41,835
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT Service code 10 2201 E ENTERPRISE AVE STE 203 · APPLETON, WI 54913	Accounting	$19,706
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 50 6455 IRVINE CENTER DR · IRVINE, CA 92618	Direct Payment	$2,562

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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.
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

$64K

$256 / participant

Investment mgmt$42K65.3%
Contract admin$3K4.0%
Other / not subdivided$20K30.7%

% of EOY assets

0.281%

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

$66,362

$66,601-0.4%

$92,909-28.6%

$67,579-1.8%

Participation rate

100.0%

72.5%+27.5pp

76.0%+24.0pp

71.3%+28.7pp

Annual return

20.06%

92.58%-72.5pp

109.44%-89.4pp

378.56%-358.5pp

Employer contribution / active EE

$7,801

$2,775+181.1%

$3,653+113.5%

$2,148+263.2%

Participant deferral / active EE

$2,248

$3,157-28.8%

$4,238-46.9%

$3,539-36.5%

Admin fee / account holder

$186

$199-6.3%

$5,795-96.8%

$142+31.0%

Provider

Service type

Compensation

BAIRD FUNDS2 years

Filed as: ROBERT W BAIRD & CO

Service code 27

777 E WISCONSIN AVE · MILWAUKEE, WI 53201

Advisory (Plan)

$41,835

NFP RETIREMENT INC1 year

Filed as: NFP RETIREMENT

Service code 10

2201 E ENTERPRISE AVE STE 203 · APPLETON, WI 54913

Accounting

$19,706

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 50

6455 IRVINE CENTER DR · IRVINE, CA 92618

Direct Payment

$2,562

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