Retirement plan

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST

Name: SOUTHWEST GAS EQUIPMENT CO., INC. - SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: SOUTHWEST GAS EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST, SOUTHWEST GAS EQUIPMENT CO., INC.

SOUTHWEST GAS EQUIPMENT CO., INC.EIN 48-0635388Plan #001PY 2017

PO BOX 335 1330 SOUTH KANSAS AVE - LIBERAL, KS 67901620-624-3877LinkedIn1-10 employeesretail

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$710K

+6.1% from 2016

Total participants

+12.5% from 2016

Average account balance

$88,781

+6.1% from 2016

Annual return

3.06%

+1.22 pp from 2016

Benchmarks

See 7,344 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,344 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$723K

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+5.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10078

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 codes2E2F2G2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityLow participant contribution
Participant 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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$1351 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.142%

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

$88,781

$113,338-21.7%

$94,993-6.5%

$147,586-39.8%

Participation rate

83.3%

78.0%+5.4pp

73.9%+9.4pp

82.8%+0.5pp

Annual return

3.06%

20.80%-17.7pp

27.14%-24.1pp

578.59%-575.5pp

Employer contribution / active EE

$4,667

$3,160+47.7%

$2,603+79.2%

$4,876-4.3%

Participant deferral / active EE

$3,777-100.0%

$3,317-100.0%

$5,439-100.0%

Admin fee / account holder

$1,014

$6,063-83.3%

$4,960-79.6%

$10,886-90.7%

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND 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