Retirement plan

CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN

Name: CONSOLIDATED EQUIPMENT GROUP LLC - CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN (2016) Form 5500
Creator: CONSOLIDATED EQUIPMENT GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN, CONSOLIDATED EQUIPMENT GROUP LLC

CONSOLIDATED EQUIPMENT GROUP LLCEIN 46-0667951Plan #001PY 2016

5181 STATE HIGHWAY 29 - ALEXANDRIA, MN 56308320-759-1551LinkedIn51-200 employeesmachinery

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

+106.1% from 2015

Total participants

180

+25.9% from 2015

Average account balance

$9,918

+53.1% from 2015

Annual return

22.28%

+22.28 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.68M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

281

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

$1.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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 1 by compensation

Provider	Service type	Compensation
MINNESOTA LIFE INSURANCE COMPANY1 year Service code 13 · EIN 41-0417830	Contract Administrator	$661

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$661

$4 / participant

Contract admin$661100.0%

% of EOY assets

0.038%

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: REDPATH AND COMPANY, LTD.
Auditor EIN: 410975573
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,918

$60,165-83.5%

$74,184-86.6%

$55,167-82.0%

Participation rate

96.9%

74.2%+22.7pp

76.6%+20.3pp

69.0%+27.9pp

Annual return

22.28%

10.00%+12.3pp

17.74%+4.5pp

169.23%-147.0pp

Employer contribution / active EE

$1,724

$1,600+7.8%

$2,370-27.3%

$1,963-12.2%

Participant deferral / active EE

$2,989

$2,973+0.5%

$3,550-15.8%

$3,054-2.1%

Admin fee / account holder

$419-99.1%

$5,586-99.9%

$504-99.3%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 41-0417830

Contract Administrator

$661

CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSOLIDATED EQUIPMENT GROUP RETIREMENT 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