Retirement plan

FIELDCORE SERVICE, INC. RETIREMENT SAVINGS PLAN AND TRUST

Name: FIELDCORE SERVICE, INC. - FIELDCORE SERVICE, INC. RETIREMENT SAVINGS PLAN AND TRUST (2018) Form 5500
Creator: FIELDCORE SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIELDCORE SERVICE, INC. RETIREMENT SAVINGS PLAN AND TRUST, FIELDCORE SERVICE, INC.

FIELDCORE SERVICE, INC.EIN 57-0861176Plan #003PY 2018

201 NORTH FRANKLIN STREET, STE. 1000 - TAMPA, FL 33602813-242-2379LinkedIn11-50 employees

Prospect flagsHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$216.3M

-5.6% from 2016

Total participants

4,653

-5.8% from 2016

Average account balance

$47,913

+2.1% from 2016

Annual return

-4.76%

-5.42 pp from 2016

Benchmarks

See 831 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort831 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$388.46M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

4,130

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$65

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393	Recordkeeping	$96,238
FINANCIAL ENGINES2 years Service code 27 · EIN 94-3250323	Advisory (Plan)	$67,087

Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$444K

$149 / participant

Other / not subdivided$444K100.0%

% of EOY assets

0.205%

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: CHERRY BEKAERT, LLP
Auditor EIN: 566057444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,913

$78,852-39.2%

$76,768-37.6%

$75,289-36.4%

Participation rate

95.4%

85.0%+10.4pp

77.0%+18.4pp

72.4%+23.0pp

Annual return

-4.76%

-1.29%-3.5pp

2.43%-7.2pp

-0.04%-4.7pp

Employer contribution / active EE

$3,647

$2,794+30.5%

$2,485+46.7%

$2,405+51.6%

Participant deferral / active EE

$7,100

$4,800+47.9%

$3,852+84.3%

$3,739+89.9%

Admin fee / account holder

$98

$79+24.6%

$6,676-98.5%

$102-3.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$96,238

FINANCIAL ENGINES2 years

Service code 27 · EIN 94-3250323

Advisory (Plan)

$67,087

FIELDCORE SERVICE, INC. RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIELDCORE SERVICE, INC. RETIREMENT SAVINGS 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