Retirement plan

DEVERE INSULATION 401K RETIREMENT PLAN

Name: SOUTHLAND INSULATORS OF MARYLAND - DEVERE INSULATION 401K RETIREMENT PLAN (2017) Form 5500
Creator: SOUTHLAND INSULATORS OF MARYLAND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEVERE INSULATION 401K RETIREMENT PLAN, SOUTHLAND INSULATORS OF MARYLAND

SOUTHLAND INSULATORS OF MARYLANDEIN 52-1620251Plan #001PY 2017

7501 RESOURCE COURT - BALTIMORE, MD 212261763410-766-7408LinkedIn201-500 employeesconstruction

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.1M

+35.8% from 2016

Total participants

286

+3.6% from 2016

Average account balance

$65,865

+18.3% from 2016

Annual return

18.85%

+9.48 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.21M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

259

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.

66.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$28,299
UNITED RETIREMENT INC2 years Filed as: UNITED RETIREMENT, INC Service code 10 · EIN 25-1759623	Accounting	$613
MATTHEW COLLINS2 years Filed as: MATTHEW JONES Service code 22 1410 S SALISBURY BLDV · SALISBURY, MD 21801	Insurance Broker	$0
WILLIAM BLAIR3+ years Filed as: WILLIAM STAPLES Service code 22 1410 S SALISBURY BLVD · SALISBURY, MD 21801	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$732

$3 / participant

Other / not subdivided$732100.0%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

0 / 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: HEIMLANTZ CPAS & ADVISORS, LLC
Auditor EIN: 814895946
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,865

$60,545+8.8%

$92,240-28.6%

$69,631-5.4%

Participation rate

19.1%

72.2%-53.0pp

76.5%-57.3pp

70.7%-51.6pp

Annual return

18.85%

19.71%-0.9pp

176.29%-157.4pp

27571.02%-27552.2pp

Employer contribution / active EE

$752

$2,633-71.4%

$3,680-79.6%

$2,032-63.0%

Participant deferral / active EE

$1,347

$2,828-52.3%

$3,897-65.4%

$3,224-58.2%

Admin fee / account holder

$12

$145-91.8%

$5,194-99.8%

$110-89.3%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$28,299

UNITED RETIREMENT INC2 years

Filed as: UNITED RETIREMENT, INC

Service code 10 · EIN 25-1759623

Accounting

$613

MATTHEW COLLINS2 years

Filed as: MATTHEW JONES

Service code 22

1410 S SALISBURY BLDV · SALISBURY, MD 21801

Insurance Broker

WILLIAM BLAIR3+ years

Filed as: WILLIAM STAPLES

Service code 22

1410 S SALISBURY BLVD · SALISBURY, MD 21801

Insurance Broker

DEVERE INSULATION 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEVERE INSULATION 401K 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