Retirement plan

THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC

Name: HOUSBY MACK, INC. - THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC (2020) Form 5500
Creator: HOUSBY MACK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC, HOUSBY MACK, INC.

HOUSBY MACK, INC.EIN 42-0947935Plan #001PY 2020

4747 NE 14TH STREET - DES MOINES, IA 50313515-266-2666LinkedIn11-50 employeestransportation/trucking/railroad

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$6.6M

+24.3% from 2019

Total participants

204

+14.0% from 2019

Average account balance

$33,698

-40.4% from 2019

Annual return

16.34%

-10.84 pp from 2019

Benchmarks

See 2,271 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,271 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.21M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

266

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$395

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 4 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO Service code 27 · EIN 41-0449260	Advisory (Plan)	$20,406
THE FINWAY GROUP3 years Service code 15 · EIN 42-1468222	Recordkeeping	$11,749
SKIBBIE CPA, INC.1 year Service code 10 · EIN 27-0851321	Accounting	$6,000
ASPIRE FINANCIAL SERVICES3 years Filed as: ASPIRE FINANCIAL Service code 64 · EIN 27-1033755	Recordkeeping Fees	$5,174

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$52K

$276 / participant

Other / not subdivided$52K100.0%

% of EOY assets

0.784%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SKIBBIE CPA, INC.
Auditor EIN: 270851321
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,698

$81,474-58.6%

$133,971-74.8%

$73,493-54.1%

Participation rate

95.7%

76.4%+19.4pp

79.8%+15.9pp

70.7%+25.1pp

Annual return

16.34%

19.40%-3.1pp

45.09%-28.8pp

28.51%-12.2pp

Employer contribution / active EE

$1,077

$2,209-51.3%

$3,919-72.5%

$2,270-52.6%

Participant deferral / active EE

$2,637

$3,786-30.4%

$5,047-47.7%

$3,740-29.5%

Admin fee / account holder

$264

$713-62.9%

$8,929-97.0%

$513-48.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO

Service code 27 · EIN 41-0449260

Advisory (Plan)

$20,406

THE FINWAY GROUP3 years

Service code 15 · EIN 42-1468222

Recordkeeping

$11,749

SKIBBIE CPA, INC.1 year

Service code 10 · EIN 27-0851321

Accounting

$6,000

ASPIRE FINANCIAL SERVICES3 years

Filed as: ASPIRE FINANCIAL

Service code 64 · EIN 27-1033755

Recordkeeping Fees

$5,174

THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ARCHITECT 401(K)PLAN - HOUSBY MACK, INC

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