Retirement plan

B. V. HEDRICK GRAVEL AND SAND COMPANY SALARY DEFERRAL AND PROFIT SHARING PLAN

Name: B.V. HEDRICK GRAVEL & SAND COMPANY - B. V. HEDRICK GRAVEL AND SAND COMPANY SALARY DEFERRAL AND PROFIT SHARING PLAN (2018) Form 5500
Creator: B.V. HEDRICK GRAVEL & SAND COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B. V. HEDRICK GRAVEL AND SAND COMPANY SALARY DEFERRAL AND PROFIT SHARING PLAN, B.V. HEDRICK GRAVEL & SAND COMPANY

B.V. HEDRICK GRAVEL & SAND COMPANYEIN 56-0257665Plan #002PY 2018

PO BOX 1040 - SALISBURY, NC 281451040704-633-5982LinkedIn51-200 employeesmining & metals

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.7M

+6.1% from 2017

Total participants

143

+8.3% from 2017

Average account balance

$40,271

-2.9% from 2017

Annual return

-5.00%

-14.01 pp from 2017

Benchmarks

See 302 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort302 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.04M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

178

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$358

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 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELL FARGO BANK, N.A. Service code 15 · EIN 94-1347393	Recordkeeping	$36,292

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$37K

$344 / participant

Investment mgmt$8382.3%
Other / not subdivided$36K97.7%

% of EOY assets

0.649%

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: ANDERSON, SMITH & WIKE PLLC
Auditor EIN: 271473864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,271

$60,396-33.3%

$111,392-63.8%

$56,289-28.5%

Participation rate

99.1%

72.4%+26.7pp

78.9%+20.2pp

69.9%+29.2pp

Annual return

-5.00%

20.26%-25.3pp

-2.06%-2.9pp

-9.96%+5.0pp

Employer contribution / active EE

$5,029

$3,459+45.4%

$4,328+16.2%

$2,111+138.2%

Participant deferral / active EE

$3,696

$4,421-16.4%

$5,567-33.6%

$3,350+10.3%

Admin fee / account holder

$261

$610-57.1%

$12,266-97.9%

$521-49.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELL FARGO BANK, N.A.

Service code 15 · EIN 94-1347393

Recordkeeping

$36,292

B. V. HEDRICK GRAVEL AND SAND COMPANY SALARY DEFERRAL AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B. V. HEDRICK GRAVEL AND SAND COMPANY SALARY DEFERRAL AND 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