Retirement plan

CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN

Name: CONSOLIDATED EQUIPMENT GROUP LLC - CONSOLIDATED EQUIPMENT GROUP RETIREMENT PLAN (2017) 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 2017

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

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$2.8M

+62.3% from 2016

Total participants

195

+8.3% from 2016

Average account balance

$14,598

+47.2% from 2016

Annual return

21.09%

-1.19 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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 COMPANY2 years Service code 13 · EIN 41-0417830	Contract Administrator	$8,378

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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$58 / participant

Contract admin$8K100.0%

% of EOY assets

0.297%

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

$14,598

$64,909-77.5%

$82,312-82.3%

$62,293-76.6%

Participation rate

98.6%

74.9%+23.7pp

76.9%+21.7pp

69.5%+29.1pp

Annual return

21.09%

21.18%-0.1pp

25.88%-4.8pp

28.90%-7.8pp

Employer contribution / active EE

$2,347

$1,676+40.0%

$2,428-3.3%

$2,042+14.9%

Participant deferral / active EE

$3,256

$3,103+4.9%

$3,706-12.1%

$3,169+2.7%

Admin fee / account holder

$43

$440-90.1%

$5,608-99.2%

$479-90.9%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 41-0417830

Contract Administrator

$8,378

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