Retirement plan

ENVIRONMENTAL QUALITY RESOURCES, LLC PROFIT SHARING PLAN

Name: ENVIRONMENTAL QUALITY RESOURCES, LLC - ENVIRONMENTAL QUALITY RESOURCES, LLC PROFIT SHARING PLAN (2019) Form 5500
Creator: ENVIRONMENTAL QUALITY RESOURCES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENVIRONMENTAL QUALITY RESOURCES, LLC PROFIT SHARING PLAN, ENVIRONMENTAL QUALITY RESOURCES, LLC

ENVIRONMENTAL QUALITY RESOURCES, LLCEIN 52-2145482Plan #002PY 2019

1 CHURCHVIEW ROAD - MILLERSVILLE, MD 21108410-923-8680eqrllc.comLinkedIn201-500 employeesconstruction

Prospect flagsLow assets / participantLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$4M

+38.3% from 2018

Total participants

370

+13.1% from 2018

Average account balance

$11,407

+22.9% from 2018

Annual return

21.55%

+21.40 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

$8.07M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

276

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130

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
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 4340 REDWOOD HWY SUITE B-60 · SAN RAFAEL, CA 94903	Advisory (Participants)	$8,568
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 26 3570 CARMEL MOUNTAIN ROAD · SAN DIEGO, CA 92130	Advisory (Participants)	$4,299
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201	Recordkeeping	$1,150
DUNCAN ACCOUNTING & TAX SERVICES2 years Service code 13 · EIN 25-1408612 311 MAIN ST · IRWIN, PA 15642	Contract Administrator	$0

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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$39K

$174 / participant

Contract admin$39K100.0%

% of EOY assets

0.988%

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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,407

$63,114-81.9%

$92,915-87.7%

$65,186-82.5%

Participation rate

90.7%

68.8%+21.9pp

76.0%+14.7pp

70.2%+20.5pp

Annual return

21.55%

28.75%-7.2pp

109.45%-87.9pp

29.39%-7.8pp

Employer contribution / active EE

$893

$2,571-65.3%

$3,653-75.6%

$2,177-59.0%

Participant deferral / active EE

$1,789

$3,108-42.4%

$4,238-57.8%

$3,514-49.1%

Admin fee / account holder

$113

$624-81.9%

$5,796-98.1%

$847-86.7%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 26 · EIN 47-1411118

4340 REDWOOD HWY SUITE B-60 · SAN RAFAEL, CA 94903

Advisory (Participants)

$8,568

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 26

3570 CARMEL MOUNTAIN ROAD · SAN DIEGO, CA 92130

Advisory (Participants)

$4,299

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 14201

Recordkeeping

$1,150

DUNCAN ACCOUNTING & TAX SERVICES2 years

Service code 13 · EIN 25-1408612

311 MAIN ST · IRWIN, PA 15642

Contract Administrator

ENVIRONMENTAL QUALITY RESOURCES, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENVIRONMENTAL QUALITY RESOURCES, LLC PROFIT SHARING 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