Retirement plan

NLP ENTERPRISES INC. DAVIS-BACON PENSION PLAN AND TRUST

Name: NLP ENTERPRISES INC. - NLP ENTERPRISES INC. DAVIS-BACON PENSION PLAN AND TRUST (2019) Form 5500
Creator: NLP ENTERPRISES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NLP ENTERPRISES INC. DAVIS-BACON PENSION PLAN AND TRUST, NLP ENTERPRISES INC.

NLP ENTERPRISES INC.EIN 52-0959871Plan #001PY 2019

11422 REISTERSTOWN ROAD - OWINGS MILLS, MD 21117410-356-7500nlpentinc.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.4M

+21.5% from 2018

Total participants

162

-7.4% from 2018

Average account balance

$43,231

+24.8% from 2018

Annual return

19.15%

+23.77 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.51M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

114

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.

86.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$925K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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 3 by compensation

Provider	Service type	Compensation
CDM RETIREMENT CONSULTANTS, INC.5+ years Service code 15 300 E. JOPPA ROAD, SUITE 601 · TOWSON, MD 21286	Recordkeeping	$26,547
ELLIN & TUCKER, CHARTERED4 years Filed as: ELLIN & TUCKER Service code 10 · EIN 52-0959934 400 E. PRATT ST · BALTIMORE, MD 21202	Accounting	$12,500
ANNAPOLITAN INVESTMENT GROUP, INC.4 years Service code 22 · EIN 20-1021502 801-11 COMPASS WAY · ANNAPOLIS, MD 21401	Insurance Broker	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

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

$49K

$442 / participant

Investment mgmt$10K20.4%
Other / not subdivided$39K79.6%

% of EOY assets

0.761%

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: ELLIN & TUCKER
Auditor EIN: 520959934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,231

$63,114-31.5%

$92,903-53.5%

$65,185-33.7%

Participation rate

88.3%

68.8%+19.5pp

76.0%+12.3pp

70.2%+18.1pp

Annual return

19.15%

28.75%-9.6pp

109.43%-90.3pp

29.38%-10.2pp

Employer contribution / active EE

$5,718

$2,571+122.5%

$3,653+56.5%

$2,177+162.7%

Participant deferral / active EE

$1,662

$3,108-46.5%

$4,238-60.8%

$3,514-52.7%

Admin fee / account holder

$329

$624-47.2%

$5,795-94.3%

$847-61.1%

Provider

Service type

Compensation

CDM RETIREMENT CONSULTANTS, INC.5+ years

Service code 15

300 E. JOPPA ROAD, SUITE 601 · TOWSON, MD 21286

Recordkeeping

$26,547

ELLIN & TUCKER, CHARTERED4 years

Filed as: ELLIN & TUCKER

Service code 10 · EIN 52-0959934

400 E. PRATT ST · BALTIMORE, MD 21202

Accounting

$12,500

ANNAPOLITAN INVESTMENT GROUP, INC.4 years

Service code 22 · EIN 20-1021502

801-11 COMPASS WAY · ANNAPOLIS, MD 21401

Insurance Broker

$10,000

NLP ENTERPRISES INC. DAVIS-BACON PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NLP ENTERPRISES INC. DAVIS-BACON PENSION 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