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 (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$41.4M

+22.7% from 2019

Total participants

388

+5.4% from 2019

Average account balance

$106,971

+13.8% from 2019

Annual return

17.76%

-2.82 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$158,592
IFP ADVISORS INC DBA INDEPENDENT FI4 years Filed as: IFP ADVISORS, INC. Service code 26 3030 N ROCKY POINT DRIVE STE 700 · TAMPA, FL 33607	Advisory (Participants)	$48,983
NEWPORT GROUP, INC.2 years Service code 15 1075 JORDAN CREEK PARKWAY · WEST DES MOINES, IA 50266	Recordkeeping	$31,845
BMG CERTIFIED PUBLIC ACCOUNTANTS1 year Service code 10 3533 S. 85TH ST · LINCOLN, NE 68520	Accounting	$14,000

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$183K

$571 / participant

Investment mgmt$158K86.0%
Other / not subdivided$26K14.0%

% of EOY assets

0.443%

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

$106,971

$91,517+16.9%

$101,271+5.6%

$73,412+45.7%

Participation rate

99.7%

73.8%+25.9pp

75.8%+23.9pp

72.2%+27.5pp

Annual return

17.76%

17.17%+0.6pp

46.48%-28.7pp

59.30%-41.5pp

Employer contribution / active EE

$2,491

$2,877-13.4%

$3,660-31.9%

$2,234+11.5%

Participant deferral / active EE

$5,646

$3,338+69.1%

$4,371+29.2%

$3,806+48.3%

Admin fee / account holder

$474

$216+119.5%

$5,948-92.0%

$158+200.1%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$158,592

IFP ADVISORS INC DBA INDEPENDENT FI4 years

Filed as: IFP ADVISORS, INC.

Service code 26

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

Advisory (Participants)

$48,983

NEWPORT GROUP, INC.2 years

Service code 15

1075 JORDAN CREEK PARKWAY · WEST DES MOINES, IA 50266

Recordkeeping

$31,845

BMG CERTIFIED PUBLIC ACCOUNTANTS1 year

Service code 10

3533 S. 85TH ST · LINCOLN, NE 68520

Accounting

$14,000

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