Retirement plan

JENSEN BUILDERS LTD. EMPLOYEES' SAVINGS TRUST

Name: JENSEN BUILDERS LTD. - JENSEN BUILDERS LTD. EMPLOYEES' SAVINGS TRUST (2016) Form 5500
Creator: JENSEN BUILDERS LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JENSEN BUILDERS LTD. EMPLOYEES' SAVINGS TRUST, JENSEN BUILDERS LTD.

JENSEN BUILDERS LTD.EIN 42-1204299Plan #001PY 2016

1175 S. 32ND STREET - FORT DODGE, IA 50501515-573-3292jensenbuildersltd.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$7.4M

+12.9% from 2015

Total participants

204

-3.8% from 2015

Average account balance

$92,871

+10.1% from 2015

Annual return

6.50%

+8.91 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

$18.63M

Not enough data

1 years with asset history on file

Average account balance

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

$200K

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.

47.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

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

+15.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17267

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393	Recordkeeping	$37,128
SAGEPOINT FINANCIAL INC2+ years Filed as: FSC SECURITIES, INC Service code 27 · EIN 58-1288674	Advisory (Plan)	$0

Plan features & details

Pension benefit codes3D2E2J2K2F2G2T

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$59K

$310 / participant

Other / not subdivided$59K100.0%

% of EOY assets

0.800%

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: CORNWELL,FRIDERS,MAHER & ASSOC. PLC
Auditor EIN: 205213044
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,871

$52,884+75.6%

$84,753+9.6%

$55,167+68.3%

Participation rate

35.4%

67.5%-32.1pp

76.6%-41.2pp

69.0%-33.6pp

Annual return

6.50%

18.03%-11.5pp

22.78%-16.3pp

169.23%-162.7pp

Employer contribution / active EE

$1,148

$2,233-48.6%

$3,574-67.9%

$1,963-41.5%

Participant deferral / active EE

$2,309

$2,644-12.7%

$3,712-37.8%

$3,054-24.4%

Admin fee / account holder

$743

$581+27.9%

$5,333-86.1%

$504+47.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$37,128

SAGEPOINT FINANCIAL INC2+ years

Filed as: FSC SECURITIES, INC

Service code 27 · EIN 58-1288674

Advisory (Plan)

JENSEN BUILDERS LTD. EMPLOYEES' SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JENSEN BUILDERS LTD. EMPLOYEES' SAVINGS TRUST

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