Retirement plan

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN

Name: NU WAY CONCRETE FORMS, INC. - NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: NU WAY CONCRETE FORMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN, NU WAY CONCRETE FORMS, INC.

NU WAY CONCRETE FORMS, INC.EIN 43-0717119Plan #003PY 2017

4190 HOFFMEISTER AVE - SAINT LOUIS, MO 631252205314-544-1214

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.9M

+15.0% from 2016

Total participants

177

+2.9% from 2016

Average account balance

$117,887

+11.8% from 2016

Annual return

15.28%

+11.84 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.87M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

214

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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)

$480

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
COMMERCE BANK2+ years Filed as: THE COMMERCE TRUST COMPANY Service code 50 · EIN 43-6334070 922 WALNUT STREET · KANSAS CITY, MO 64106	Direct Payment	$61,864
SFW PARTNERS, LLC1 year Filed as: SFW PARTNERS Service code 10 · EIN 43-1764273 1610 DES PERES ROAD, SUITE 300 · ST. LOUIS, MO 63131	Accounting	$8,710
BENEFITS OF MISSOURI, INC.1 year Service code 64 · EIN 43-1344692 14323 SOUTH OUTER FORTY, SUITE 600N · CHESTERFIELD, MO 63017	Recordkeeping Fees	$8,375

Plan features & details

Pension benefit codes2E2F2H2J2K2T3D3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

1 tripped

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

$79K

$533 / participant

Investment mgmt$62K78.4%
Other / not subdivided$17K21.6%

% of EOY assets

0.378%

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: SFW PARTNERS, LLC
Auditor EIN: 431764273
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,887

$51,466+129.1%

$78,778+49.6%

$62,293+89.2%

Participation rate

100.0%

59.8%+40.2pp

69.2%+30.8pp

69.5%+30.5pp

Annual return

15.28%

19.96%-4.7pp

35.62%-20.3pp

28.90%-13.6pp

Employer contribution / active EE

$1,876

$827+126.8%

$1,986-5.5%

$2,042-8.1%

Participant deferral / active EE

$3,038

$2,147+41.4%

$2,958+2.7%

$3,169-4.2%

Admin fee / account holder

$446

$489-8.8%

$5,134-91.3%

$479-6.9%

Provider

Service type

Compensation

COMMERCE BANK2+ years

Filed as: THE COMMERCE TRUST COMPANY

Service code 50 · EIN 43-6334070

922 WALNUT STREET · KANSAS CITY, MO 64106

Direct Payment

$61,864

SFW PARTNERS, LLC1 year

Filed as: SFW PARTNERS

Service code 10 · EIN 43-1764273

1610 DES PERES ROAD, SUITE 300 · ST. LOUIS, MO 63131

Accounting

$8,710

BENEFITS OF MISSOURI, INC.1 year

Service code 64 · EIN 43-1344692

14323 SOUTH OUTER FORTY, SUITE 600N · CHESTERFIELD, MO 63017

Recordkeeping Fees

$8,375

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NU WAY CONCRETE FORMS, INC. 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