Retirement plan

CITADEL ROOFING AND SOLAR 401(K) PLAN

Name: JAJ ROOFING DBA CITADEL ROOFING AND SOLAR - CITADEL ROOFING AND SOLAR 401(K) PLAN (2018) Form 5500
Creator: JAJ ROOFING DBA CITADEL ROOFING AND SOLAR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITADEL ROOFING AND SOLAR 401(K) PLAN, JAJ ROOFING DBA CITADEL ROOFING AND SOLAR

JAJ ROOFING DBA CITADEL ROOFING AND SOLAREIN 47-3949736Plan #001PY 2018

4980 ALLISON PARKWAY - VACAVILLE, CA 95688707-446-5500

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$820K

+24.8% from 2017

Total participants

395

+27.0% from 2017

Average account balance

$24,104

+2.8% from 2017

Annual return

-3.10%

-32.41 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

$9.48M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

158

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.

15.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+18.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$382

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 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2 years Filed as: AMERICAN FUNDS CAPITAL BANK Service code 19 · EIN 95-6817943 P. O. BOX 6040 · INDIANAPOLIS, ID 46206	Securities Custodian	$535
GOLDEN GATE RETIREMENT CONSULTANTS2 years Filed as: GOLDEN GATE RETIREMENT Service code 13 · EIN 20-1734977 1250 BAYHILL DRIVE SUITE 100 · SAN BRUNO, CA 94066	Contract Administrator	$350

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$535

$1 / participant

Contract admin$535100.0%

% of EOY assets

0.065%

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: BFBA LLP
Auditor EIN: 680000424
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,104

$56,443-57.3%

$83,850-71.3%

$55,725-56.7%

Participation rate

7.7%

72.0%-64.4pp

76.1%-68.5pp

70.9%-63.2pp

Annual return

-3.10%

393.67%-396.8pp

850.92%-854.0pp

244.93%-248.0pp

Employer contribution / active EE

$2,682-100.0%

$3,631-100.0%

$2,078-100.0%

Participant deferral / active EE

$487

$2,965-83.6%

$4,082-88.1%

$3,356-85.5%

Admin fee / account holder

$16

$156-89.9%

$5,478-99.7%

$115-86.3%

Provider

Service type

Compensation

AMERICAN FUNDS2 years

Filed as: AMERICAN FUNDS CAPITAL BANK

Service code 19 · EIN 95-6817943

P. O. BOX 6040 · INDIANAPOLIS, ID 46206

Securities Custodian

$535

GOLDEN GATE RETIREMENT CONSULTANTS2 years

Filed as: GOLDEN GATE RETIREMENT

Service code 13 · EIN 20-1734977

1250 BAYHILL DRIVE SUITE 100 · SAN BRUNO, CA 94066

Contract Administrator

$350

CITADEL ROOFING AND SOLAR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITADEL ROOFING AND SOLAR 401(K) 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