Retirement plan

HERZOG CONTRACTING CORP 401K PLAN

Name: HERZOG CONTRACTING CORP - HERZOG CONTRACTING CORP 401K PLAN (2016) Form 5500
Creator: HERZOG CONTRACTING CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HERZOG CONTRACTING CORP 401K PLAN, HERZOG CONTRACTING CORP

HERZOG CONTRACTING CORPEIN 43-0918005Plan #002PY 2016

600 S RIVERSIDE ROAD - ST JOSEPH, MO 64507816-233-9001LinkedIn1-10 employeesinternational trade and development

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$46.2M

+12.8% from 2015

Total participants

1,293

-4.6% from 2015

Average account balance

$37,925

+11.2% from 2015

Annual return

7.13%

+7.75 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$153.98M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

1,904

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136

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 8 by compensation

Provider	Service type	Compensation
COMPENSATION BENEFIT PLANNING, INC.2+ years Service code 13 · EIN 43-1021898	Contract Administrator	$53,678
CLIFTONLARSONALLEN LLP2+ years Filed as: CLIFTON LARSON ALLEN LP Service code 10 · EIN 41-0746749	Accounting	$40,863
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$30,293
COMPENSATION BENEFIT PLANNING, INC.2+ years Filed as: COMPENSATION BENEFIT PLANNING Service code 13 · EIN 43-1021898	Contract Administrator	$7,075
COMPENSATION BENEFIT PLANNING, INC.1 year Filed as: COMPENSATION BENEFIT PLANNING INC. Service code 13 · EIN 43-1021898	Contract Administrator	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
GREG HARVEY2+ years Filed as: GREG A HARVEY Service code 53 9401 INDIAN CREEK PKWY, SUITE 510 · OVERLAND PARK, KS 66210	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$98K

$86 / participant

Other / not subdivided$98K100.0%

% of EOY assets

0.213%

all-in expense ratio

Categories reported

0 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,925

$54,392-30.3%

$84,753-55.3%

$63,975-40.7%

Participation rate

93.5%

76.9%+16.7pp

76.6%+17.0pp

71.1%+22.4pp

Annual return

7.13%

611.38%-604.2pp

22.78%-15.7pp

48.65%-41.5pp

Employer contribution / active EE

$856

$2,943-70.9%

$3,574-76.1%

$2,182-60.8%

Participant deferral / active EE

$3,987

$2,593+53.8%

$3,712+7.4%

$3,356+18.8%

Admin fee / account holder

$81

$136-40.6%

$5,333-98.5%

$70+14.6%

Provider

Service type

Compensation

COMPENSATION BENEFIT PLANNING, INC.2+ years

Service code 13 · EIN 43-1021898

Contract Administrator

$53,678

CLIFTONLARSONALLEN LLP2+ years

Filed as: CLIFTON LARSON ALLEN LP

Service code 10 · EIN 41-0746749

Accounting

$40,863

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$30,293

COMPENSATION BENEFIT PLANNING, INC.2+ years

Filed as: COMPENSATION BENEFIT PLANNING

Service code 13 · EIN 43-1021898

Contract Administrator

$7,075

COMPENSATION BENEFIT PLANNING, INC.1 year

Filed as: COMPENSATION BENEFIT PLANNING INC.

Service code 13 · EIN 43-1021898

Contract Administrator

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 27 · EIN 61-1732930

Advisory (Plan)

GREG HARVEY2+ years

Filed as: GREG A HARVEY

Service code 53

9401 INDIAN CREEK PKWY, SUITE 510 · OVERLAND PARK, KS 66210

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 60

Sub-TA Fees

HERZOG CONTRACTING CORP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HERZOG CONTRACTING CORP 401K 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