Retirement plan

UNITED INFRASTRUCTURE GROUP 401(K) AND PROFIT SHARING PLAN

Name: UNITED INFRASTRUCTURE GROUP, INC. - UNITED INFRASTRUCTURE GROUP 401(K) AND PROFIT SHARING PLAN (2017) Form 5500
Creator: UNITED INFRASTRUCTURE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED INFRASTRUCTURE GROUP 401(K) AND PROFIT SHARING PLAN, UNITED INFRASTRUCTURE GROUP, INC.

UNITED INFRASTRUCTURE GROUP, INC.EIN 57-0677291Plan #001PY 2017

3800 ARCO CORPORATE DR STE 200 - CHARLOTTE, NC 28273803-581-6000uig.netLinkedIn501-1000 employeesconstruction

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$7.4M

+20.2% from 2016

Total participants

241

+24.2% from 2016

Average account balance

$45,767

+0.9% from 2016

Annual return

13.38%

+6.23 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.87M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

564

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.

76.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.57M

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

+10.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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 7 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN FINANCIAL SECURITIES CORPOR Service code 55	Other Commissions	$19,202
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 15 · EIN 13-3689044 1150 S. OLIVE ST. T-08-07 · LOS ANGELES, CA 90015	Recordkeeping	$16,391
3G RETIREMENT SERVICES, LLC3+ years Service code 13 · EIN 27-4433997 12 CLUSTERS CT STE A · COLUMBIA, SC 29210	Contract Administrator	$8,842
BAUKNIGHT PIETRAS & STORMER PA3+ years Service code 10 · EIN 57-0940019 1517 GERVAIS ST · COLUMBIA, SC 29202	Accounting	$1,159
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMEN CO I Service code 64 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,144
KEYBANK NATIONAL ASSOCIATION2 years Service code 10 127 PUBLIC SQUARE 17TH FLOOR · CLEVELAND, OH 44114	Accounting	$0
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN FINANCIAL SECURITIES CORP Service code 55 MERIDIAN BLDG 1320 MAIN ST STE 700 · COLUMBIA, SC 292013258	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$68 / participant

Contract admin$14K100.0%

% of EOY assets

0.188%

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: BAUKNIGHT PIETRAS & STORMER, PA
Auditor EIN: 570940019
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,767

$58,726-22.1%

$92,239-50.4%

$62,293-26.5%

Participation rate

61.7%

68.3%-6.7pp

76.5%-14.8pp

69.5%-7.9pp

Annual return

13.38%

43.62%-30.2pp

176.29%-162.9pp

28.90%-15.5pp

Employer contribution / active EE

$1,560

$2,392-34.8%

$3,680-57.6%

$2,042-23.6%

Participant deferral / active EE

$3,098

$2,766+12.0%

$3,897-20.5%

$3,169-2.2%

Admin fee / account holder

$86

$556-84.5%

$5,194-98.3%

$479-82.1%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2 years

Filed as: LINCOLN FINANCIAL SECURITIES CORPOR

Service code 55

Other Commissions

$19,202

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 15 · EIN 13-3689044

1150 S. OLIVE ST. T-08-07 · LOS ANGELES, CA 90015

Recordkeeping

$16,391

3G RETIREMENT SERVICES, LLC3+ years

Service code 13 · EIN 27-4433997

12 CLUSTERS CT STE A · COLUMBIA, SC 29210

Contract Administrator

$8,842

BAUKNIGHT PIETRAS & STORMER PA3+ years

Service code 10 · EIN 57-0940019

1517 GERVAIS ST · COLUMBIA, SC 29202

Accounting

$1,159

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH AND MANAGEMEN CO I

Service code 64

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,144

KEYBANK NATIONAL ASSOCIATION2 years

Service code 10

127 PUBLIC SQUARE 17TH FLOOR · CLEVELAND, OH 44114

Accounting

LINCOLN NATIONAL CORPORATION2 years

Filed as: LINCOLN FINANCIAL SECURITIES CORP

Service code 55

MERIDIAN BLDG 1320 MAIN ST STE 700 · COLUMBIA, SC 292013258

Other Commissions

UNITED INFRASTRUCTURE GROUP 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED INFRASTRUCTURE GROUP 401(K) 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