Retirement plan

CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN

Name: CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN - CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN (2017) Form 5500
Creator: CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN, CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN

CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLANEIN 45-6029203Plan #001PY 2017

P.O. BOX 406 - FARGO, ND 58107701-232-1700

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$89.4M

-8.0% from 2016

Total participants

2,035

+1.2% from 2016

Average account balance

$43,955

-9.0% from 2016

Annual return

16.04%

-6.36 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

Participant deferral / active EE

$1,166

median $2,250

Employer contribution / active EE

$2,837

median $2,319

Participation rate

100.0%

median 91.9%

Avg account balance

$43,955

median $47,727

Admin fee / account holder

$13

median $101

Annual return

16.04%

median 15.28%

Overall peer rank

54of 100

54th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$123.47M

Average account balance

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

$68K

Participants with account balance

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

1,827

Eligible Participants and Participation

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

55.0%

Contributions (total)

Employer and participant dollars contributed each year

$10.33M

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.77%

Admin fee / account holder

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

$37

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIEBIGER SWANSON WEST & CO PLLP3+ years Filed as: FIEBIGER, SWANSON, WEST, & CO. PLLP Service code 10 · EIN 41-6134264	Accounting	$16,486
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: PRUDENTIAL INSURANCE CO. OF AMERICA Service code 28 · EIN 22-1211670	Investment Management	$6,085
DON GRANDE1 year Filed as: DON R. GRANDE PC Service code 22 · EIN 05-0569629	Insurance Broker	$5,975

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$26K

$16 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.029%

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: FIEBIGER, SWANSON, WEST & CO., PLLP
Auditor EIN: 416134264
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,955

$221,442-80.2%

$92,240-52.3%

$77,958-43.6%

Participation rate

100.0%

79.6%+20.4pp

76.5%+23.5pp

71.6%+28.4pp

Annual return

16.04%

15.65%+0.4pp

176.29%-160.3pp

20.87%-4.8pp

Employer contribution / active EE

$2,837

$3,226-12.1%

$3,680-22.9%

$2,310+22.8%

Participant deferral / active EE

$1,166

$2,779-58.1%

$3,897-70.1%

$3,537-67.0%

Admin fee / account holder

$13

$210-94.0%

$5,194-99.8%

$97-87.1%

Provider

Service type

Compensation

FIEBIGER SWANSON WEST & CO PLLP3+ years

Filed as: FIEBIGER, SWANSON, WEST, & CO. PLLP

Service code 10 · EIN 41-6134264

Accounting

$16,486

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: PRUDENTIAL INSURANCE CO. OF AMERICA

Service code 28 · EIN 22-1211670

Investment Management

$6,085

DON GRANDE1 year

Filed as: DON R. GRANDE PC

Service code 22 · EIN 05-0569629

Insurance Broker

$5,975

CONSTRUCTION EMPLOYEES GROUP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSTRUCTION EMPLOYEES GROUP 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