Retirement plan

THE MASSARO CONSTRUCTION GROUP PROFIT SHARING PLAN

Name: MASSARO CONSTRUCTION GROUP, INC. - THE MASSARO CONSTRUCTION GROUP PROFIT SHARING PLAN (2015) Form 5500
Creator: MASSARO CONSTRUCTION GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MASSARO CONSTRUCTION GROUP PROFIT SHARING PLAN, MASSARO CONSTRUCTION GROUP, INC.

MASSARO CONSTRUCTION GROUP, INC.EIN 46-4239983Plan #001PY 2015

120 DELTA DRIVE - PITTSBURGH, PA 15238412-963-2800massarocg.comLinkedIn201-500 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

No prior year

Total participants

177

No prior year

Average account balance

$60,760

No prior year

Annual return

0.51%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.90M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

129

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

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

+18.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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 4 by compensation

Provider	Service type	Compensation
FIDUCIA GROUP LLC1+ years Filed as: FIDUCIA GROUP Service code 15 · EIN 26-2218504	Recordkeeping	$15,000
HOROVITZ, RUDOY & ROTEMAN LLC1+ years Filed as: HOROVITZ, RUDOY & ROTEMAN, LLC Service code 10 · EIN 25-1031723	Accounting	$9,500
RIVERSEDGE ADV. RET. SOLUTIONS, LLC1+ years Filed as: RIVERSEDGE ADV RET SOLUTIONS, LLC Service code 15	Recordkeeping	$6,257
RIVERSEDGE ADV. RET. SOLUTIONS, LLC1+ years Filed as: RIVERSEDGE ADV RET SOLUTIONS Service code 15 · EIN 27-1155910	Recordkeeping	$1,600

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$115 / participant

Investment mgmt$5K29.5%
Other / not subdivided$11K70.5%

% of EOY assets

0.159%

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: HOROVITZ, RUDOY & ROTEMAN, LLC
Auditor EIN: 251031723
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,760

$50,464+20.4%

$75,784-19.8%

$52,331+16.1%

Participation rate

89.8%

66.8%+23.0pp

75.8%+14.0pp

68.1%+21.7pp

Annual return

0.51%

1.03%-0.5pp

9.68%-9.2pp

4.54%-4.0pp

Employer contribution / active EE

$2,006

$1,988+0.9%

$3,323-39.6%

$1,882+6.6%

Participant deferral / active EE

$4,015

$2,570+56.2%

$3,652+9.9%

$3,022+32.8%

Admin fee / account holder

$97

$1,103-91.2%

$5,300-98.2%

$592-83.7%

Provider

Service type

Compensation

FIDUCIA GROUP LLC1+ years

Filed as: FIDUCIA GROUP

Service code 15 · EIN 26-2218504

Recordkeeping

$15,000

HOROVITZ, RUDOY & ROTEMAN LLC1+ years

Filed as: HOROVITZ, RUDOY & ROTEMAN, LLC

Service code 10 · EIN 25-1031723

Accounting

$9,500

RIVERSEDGE ADV. RET. SOLUTIONS, LLC1+ years

Filed as: RIVERSEDGE ADV RET SOLUTIONS, LLC

Service code 15

Recordkeeping

$6,257

RIVERSEDGE ADV. RET. SOLUTIONS, LLC1+ years

Filed as: RIVERSEDGE ADV RET SOLUTIONS

Service code 15 · EIN 27-1155910

Recordkeeping

$1,600

THE MASSARO CONSTRUCTION GROUP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MASSARO CONSTRUCTION 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