Retirement plan

INTERSTATE ENGINEERING, INC. 401K PROFIT SHARING PLAN WESTERN DIVISION

Name: INTERSTATE ENGINEERING, INC. - INTERSTATE ENGINEERING, INC. 401K PROFIT SHARING PLAN WESTERN DIVISION (2019) Form 5500
Creator: INTERSTATE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERSTATE ENGINEERING, INC. 401K PROFIT SHARING PLAN WESTERN DIVISION, INTERSTATE ENGINEERING, INC.

INTERSTATE ENGINEERING, INC.EIN 45-0333441Plan #005PY 2019

PO BOX 2035, 1903 12TH AVE. SW - JAMESTOWN, ND 584022035701-252-0234interstateeng.comLinkedIn51-200 employeescivil engineering

Other plans on this EIN

3 filings

#004Retirement-$28.4M assets #001Retirement-$10.1M assets #003Retirement-$9.4M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.7M

-24.5% from 2018

Total participants

-4.2% from 2018

Average account balance

$39,644

-22.3% from 2018

Annual return

-5.03%

-18.48 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$426K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-95.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$26039 / participant

Other / not subdivided$1M100.0%

% of EOY assets

41.534%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,644

$89,370-55.6%

$141,197-71.9%

$72,976-45.7%

Participation rate

97.7%

75.1%+22.5pp

82.5%+15.2pp

69.5%+28.2pp

Annual return

-5.03%

111.88%-116.9pp

71.41%-76.4pp

81.02%-86.0pp

Employer contribution / active EE

$4,676

$3,115+50.1%

$4,736-1.3%

$2,440+91.6%

Participant deferral / active EE

$5,178

$5,419-4.4%

$6,710-22.8%

$3,608+43.5%

Admin fee / account holder

$16,466

$5,957+176.4%

$10,265+60.4%

$5,124+221.3%

INTERSTATE ENGINEERING, INC. 401K PROFIT SHARING PLAN WESTERN DIVISION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERSTATE ENGINEERING, INC. 401K PROFIT SHARING PLAN WESTERN DIVISION

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