Retirement plan

R.V. CAREY'S PLUMBING & HEATING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: R.V. CAREY'S PLUMBING & HEATING, INC. - R.V. CAREY'S PLUMBING & HEATING, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: R.V. CAREY'S PLUMBING & HEATING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R.V. CAREY'S PLUMBING & HEATING, INC. 401(K) PROFIT SHARING PLAN AND TRUST, R.V. CAREY'S PLUMBING & HEATING, INC.

R.V. CAREY'S PLUMBING & HEATING, INC.EIN 52-1552402Plan #001PY 2016

14650-C ROTHGEB DRIVE - ROCKVILLE, MD 20850301-424-8899

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$985K

No prior year

Total participants

No prior year

Average account balance

$31,772

No prior year

Annual return

6.51%

No prior year

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$619K

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81052

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 codes2E2J2G3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$80K

$1486 / participant

Other / not subdivided$80K100.0%

% of EOY assets

8.148%

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

$31,772

$56,894-44.2%

$84,753-62.5%

$62,881-49.5%

Participation rate

40.7%

68.5%-27.8pp

76.6%-35.9pp

69.3%-28.6pp

Annual return

6.51%

6.30%+0.2pp

22.78%-16.3pp

20.14%-13.6pp

Employer contribution / active EE

$1,063

$2,400-55.7%

$3,574-70.3%

$2,281-53.4%

Participant deferral / active EE

$2,092

$2,709-22.8%

$3,712-43.6%

$3,203-34.7%

Admin fee / account holder

$2,589

$3,581-27.7%

$5,333-51.5%

$4,296-39.7%

R.V. CAREY'S PLUMBING & HEATING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R.V. CAREY'S PLUMBING & HEATING, INC. 401(K) 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