Retirement plan

OLTMANS CONSTRUCTION COMPANY FIELD EMPLOYEES RETIREMENT PLAN

Name: OLTMANS COMPANIES - OLTMANS CONSTRUCTION COMPANY FIELD EMPLOYEES RETIREMENT PLAN (2019) Form 5500
Creator: OLTMANS COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLTMANS CONSTRUCTION COMPANY FIELD EMPLOYEES RETIREMENT PLAN, OLTMANS COMPANIES

OLTMANS COMPANIESEIN 47-3698702Plan #002PY 2019

10005 MISSION MILL ROAD - WHITTIER, CA 906011739562-948-4242LinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$49.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+18.6% from 2018

Total participants

-3.4% from 2018

Average account balance

$21,865

+24.4% from 2018

Annual return

21.21%

+9.71 pp from 2018

Benchmarks

See 15,812 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,812 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

191.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+22.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11866

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J

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.

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

$220K

$6460 / participant

Other / not subdivided$220K100.0%

% of EOY assets

12.251%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,865

$65,367-66.6%

$92,915-76.5%

$72,976-70.0%

Participation rate

94.1%

68.3%+25.8pp

76.0%+18.1pp

69.5%+24.6pp

Annual return

21.21%

42.11%-20.9pp

109.45%-88.2pp

81.02%-59.8pp

Employer contribution / active EE

$3,053

$2,594+17.7%

$3,653-16.4%

$2,440+25.1%

Participant deferral / active EE

$2,122

$3,128-32.2%

$4,238-49.9%

$3,608-41.2%

Admin fee / account holder

$2,679

$4,251-37.0%

$5,796-53.8%

$5,124-47.7%

OLTMANS CONSTRUCTION COMPANY FIELD EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLTMANS CONSTRUCTION COMPANY FIELD EMPLOYEES RETIREMENT 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