Retirement plan

SAMPSON CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: SAMPSON CONSTRUCTION CO., INC. - SAMPSON CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: SAMPSON CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAMPSON CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN & TRUST, SAMPSON CONSTRUCTION CO., INC.

SAMPSON CONSTRUCTION CO., INC.EIN 47-0541510Plan #002PY 2018

3730 SOUTH 14TH STREET - LINCOLN, NE 68502402-434-5450sampson-construction.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$28.1M

-3.7% from 2017

Total participants

356

+0.6% from 2017

Average account balance

$80,915

-10.3% from 2017

Annual return

-7.21%

-22.84 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.43M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

393

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$363

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$153,043
IFP ADVISORS INC DBA INDEPENDENT FI2 years Filed as: IFP ADVISORS, INC. Service code 26 3030 N ROCKY POINT DRIVE STE 700 · TAMPA, FL 33607	Advisory (Participants)	$42,674
NEWPORT GROUP, INC.4+ years Filed as: KIDDER BENEFITS CONSULTANTS, INC. Service code 15 5700 WESTOWN PARKWAY, SUITE 100 · WEST DES MOINES, IA 50266	Recordkeeping	$28,631
STRAIN SLATTERY BARKLEY & CO CPAS3 years Service code 10 7130 SO 29TH ST · LINCOLN, NE 685165825	Accounting	$11,500
FIRST NEBRASKA TRUST COMPANY4+ years Service code 21 PO BOX 81667 · LINCOLN, NE 685011667	Bank Trustee	$4,067

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

3 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$176K

$574 / participant

Investment mgmt$153K87.1%
Other / not subdivided$23K12.9%

% of EOY assets

0.626%

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: STRAIN SLATTERY BARKLEY & CO., CPA
Auditor EIN: 470731426
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,915

$56,443+43.4%

$83,830-3.5%

$55,725+45.2%

Participation rate

97.1%

72.0%+25.0pp

76.1%+20.9pp

70.9%+26.2pp

Annual return

-7.21%

393.67%-400.9pp

850.97%-858.2pp

244.93%-252.1pp

Employer contribution / active EE

$2,756

$2,682+2.8%

$3,631-24.1%

$2,078+32.6%

Participant deferral / active EE

$4,661

$2,965+57.2%

$4,082+14.2%

$3,356+38.9%

Admin fee / account holder

$506

$156+224.1%

$5,479-90.8%

$115+339.6%

Provider

Service type

Compensation

NATIONWIDE4+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$153,043

IFP ADVISORS INC DBA INDEPENDENT FI2 years

Filed as: IFP ADVISORS, INC.

Service code 26

3030 N ROCKY POINT DRIVE STE 700 · TAMPA, FL 33607

Advisory (Participants)

$42,674

NEWPORT GROUP, INC.4+ years

Filed as: KIDDER BENEFITS CONSULTANTS, INC.

Service code 15

5700 WESTOWN PARKWAY, SUITE 100 · WEST DES MOINES, IA 50266

Recordkeeping

$28,631

STRAIN SLATTERY BARKLEY & CO CPAS3 years

Service code 10

7130 SO 29TH ST · LINCOLN, NE 685165825

Accounting

$11,500

FIRST NEBRASKA TRUST COMPANY4+ years

Service code 21

PO BOX 81667 · LINCOLN, NE 685011667

Bank Trustee

$4,067

SAMPSON CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAMPSON CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN & TRUST

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