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 (2019) 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 2019

5825 S 14TH ST - LINCOLN, NE 68512402-434-5450sampson-construction.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$33.7M

+20.2% from 2018

Total participants

368

+3.4% from 2018

Average account balance

$93,978

+16.1% from 2018

Annual return

20.58%

+27.80 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$153,036
IFP ADVISORS INC DBA INDEPENDENT FI3 years Filed as: IFP ADVISORS, INC. Service code 26 3030 N ROCKY POINT DRIVE STE 700 · TAMPA, FL 33607	Advisory (Participants)	$44,527
NEWPORT GROUP, INC.1 year Service code 15 5700 WESTOWN PARKWAY, SUITE 100 · WEST DES MOINES, IA 50266	Recordkeeping	$30,480
STRAIN SLATTERY BARKLEY & CO CPAS4 years Service code 10 7130 SO 29TH ST · LINCOLN, NE 685165825	Accounting	$12,500

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$171K

$544 / participant

Investment mgmt$147K85.7%
Other / not subdivided$24K14.3%

% of EOY assets

0.508%

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: BMG CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 470650756
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,978

$66,601+41.1%

$92,909+1.2%

$67,579+39.1%

Participation rate

97.1%

72.5%+24.6pp

76.0%+21.1pp

71.3%+25.9pp

Annual return

20.58%

92.58%-72.0pp

109.44%-88.9pp

378.56%-358.0pp

Employer contribution / active EE

$2,775-100.0%

$3,653-100.0%

$2,148-100.0%

Participant deferral / active EE

$4,930

$3,157+56.2%

$4,238+16.3%

$3,539+39.3%

Admin fee / account holder

$477

$199+139.9%

$5,795-91.8%

$142+235.3%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$153,036

IFP ADVISORS INC DBA INDEPENDENT FI3 years

Filed as: IFP ADVISORS, INC.

Service code 26

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

Advisory (Participants)

$44,527

NEWPORT GROUP, INC.1 year

Service code 15

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

Recordkeeping

$30,480

STRAIN SLATTERY BARKLEY & CO CPAS4 years

Service code 10

7130 SO 29TH ST · LINCOLN, NE 685165825

Accounting

$12,500

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