Retirement plan

LOZANO PLUMBING SERVICES INCOR 401(K) PROFIT SHARING PLAN & TRUST

Name: LOZANO PLUMBING SERVICES INCOR - LOZANO PLUMBING SERVICES INCOR 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: LOZANO PLUMBING SERVICES INCOR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOZANO PLUMBING SERVICES INCOR 401(K) PROFIT SHARING PLAN & TRUST, LOZANO PLUMBING SERVICES INCOR

LOZANO PLUMBING SERVICES INCOREIN 47-2606685Plan #001PY 2020

PO BOX 53137 - RIVERSIDE, CA 92517951-683-4840LinkedIn11-50 employees

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$1.8M

+11.9% from 2019

Total participants

-26.7% from 2019

Average account balance

$24,745

+52.9% from 2019

Annual return

16.10%

-4.23 pp from 2019

Benchmarks

See 16,250 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,250 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$392

Not enough data

1 years with asset history on file

Average account balance

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

$16

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.

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.

31.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$202K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

-99.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9700

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

0 years with F_SCH_H allocation on file

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$5,803

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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

$11K

$133 / participant

Investment mgmt$5K47.9%
Contract admin$6K52.1%

% of EOY assets

0.634%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MACIAS GINI & O'CONNELL LLP
Auditor EIN: 880300457
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,745

$72,269-65.8%

$101,271-75.6%

$79,852-69.0%

Participation rate

70.2%

68.5%+1.8pp

75.8%-5.6pp

69.6%+0.6pp

Annual return

16.10%

22.29%-6.2pp

46.48%-30.4pp

31.72%-15.6pp

Employer contribution / active EE

$2,692-100.0%

$3,660-100.0%

$2,471-100.0%

Participant deferral / active EE

$2,136

$3,282-34.9%

$4,371-51.1%

$3,740-42.9%

Admin fee / account holder

$157

$4,401-96.4%

$5,948-97.4%

$5,306-97.0%

Provider

Service type

Compensation

PAYCHEX, INC.1 year

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$5,803

LOZANO PLUMBING SERVICES INCOR 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOZANO PLUMBING SERVICES INCOR 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