Retirement plan

ALBAUGH, LLC 401(K) PROFIT SHARING PLAN

Name: ALBAUGH, LLC - ALBAUGH, LLC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: ALBAUGH, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBAUGH, LLC 401(K) PROFIT SHARING PLAN, ALBAUGH, LLC

ALBAUGH, LLCEIN 42-1377980Plan #001PY 2017

1525 NE 36TH STREET - ANKENY, IA 50021515-965-5252albaugh.comLinkedIn1001-5000 employeeschemicals

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$34.1M

+25.6% from 2016

Total participants

333

+16.8% from 2016

Average account balance

$106,179

+8.4% from 2016

Annual return

15.72%

+8.89 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.98M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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.

365

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$561

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
BARRY MARTZAHL 401K INVEST CONSULT1 year Filed as: BARRY STEIM, JR.. Service code 26 STEIM INVESTMENT STRATEGIES · W DES MOINES, IA 50265	Advisory (Participants)	$14,475
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081	Recordkeeping	$1,557

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$79 / participant

Investment mgmt$14K90.3%
Other / not subdivided$2K9.7%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,179

$50,637+109.7%

$86,582+22.6%

$62,293+70.5%

Participation rate

94.1%

67.9%+26.2pp

73.5%+20.6pp

69.5%+24.6pp

Annual return

15.72%

20.80%-5.1pp

965.08%-949.4pp

28.90%-13.2pp

Employer contribution / active EE

$11,999

$2,075+478.2%

$2,839+322.6%

$2,042+487.5%

Participant deferral / active EE

$4,257

$2,611+63.0%

$3,609+18.0%

$3,169+34.3%

Admin fee / account holder

$50

$413-87.9%

$4,904-99.0%

$479-89.6%

Provider

Service type

Compensation

BARRY MARTZAHL 401K INVEST CONSULT1 year

Filed as: BARRY STEIM, JR..

Service code 26

STEIM INVESTMENT STRATEGIES · W DES MOINES, IA 50265

Advisory (Participants)

$14,475

ALERUS FINANCIAL, N.A.3+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$1,557

ALBAUGH, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBAUGH, LLC 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