Retirement plan

GREENWOOD, INC. 401K RETIREMENT SAVINGS PLAN

Name: GREENWOOD, INC. - GREENWOOD, INC. 401K RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: GREENWOOD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENWOOD, INC. 401K RETIREMENT SAVINGS PLAN, GREENWOOD, INC.

GREENWOOD, INC.EIN 57-0967122Plan #001PY 2017

160 MILESTONE WAY, SUITE A - GREENVILLE, SC 29615864-244-9669greenwoodinc.comLinkedIn501-1000 employeesfacilities services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$12.5M

+12.1% from 2016

Total participants

843

+8.2% from 2016

Average account balance

$40,208

-2.0% from 2016

Annual return

15.02%

+5.96 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

$20.87M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

338

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.

43.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.73M

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

+14.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$225

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 10 of 19 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$22,925
PENTEGRA SERVICES, INC.1 year Filed as: PENTEGRA RETIREMENT SERVICES Service code 13	Contract Administrator	$13,654
PENTEGRA SERVICES, INC.2 years Filed as: PENTEGRA SERVICES INC. Service code 13 · EIN 13-3745616 5350 77 CENTER DRIVE · CHARLOTTE, NC 28217	Contract Administrator	$540
ALLIANZ GLOBAL INVESTORS1 year Service code 52 · EIN 33-0457728	Indirect Investment Fees	$0
AMERICAN CENTURY1 year Service code 52 · EIN 77-0273954	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BARON1 year Service code 52 · EIN 13-3806818	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3335387	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 22-2894171	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2G2E2J2K2F

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$23K

$31 / participant

Contract admin$23K100.0%

% 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: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,208

$60,545-33.6%

$92,240-56.4%

$69,631-42.3%

Participation rate

30.7%

72.2%-41.4pp

76.5%-45.8pp

70.7%-40.0pp

Annual return

15.02%

19.71%-4.7pp

176.29%-161.3pp

27571.02%-27556.0pp

Employer contribution / active EE

$341

$2,633-87.1%

$3,680-90.7%

$2,032-83.2%

Participant deferral / active EE

$1,288

$2,828-54.4%

$3,897-66.9%

$3,224-60.0%

Admin fee / account holder

$75

$145-47.9%

$5,194-98.5%

$110-31.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASS MUTUAL LIFE INSURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$22,925

PENTEGRA SERVICES, INC.1 year

Filed as: PENTEGRA RETIREMENT SERVICES

Service code 13

Contract Administrator

$13,654

PENTEGRA SERVICES, INC.2 years

Filed as: PENTEGRA SERVICES INC.

Service code 13 · EIN 13-3745616

5350 77 CENTER DRIVE · CHARLOTTE, NC 28217

Contract Administrator

$540

ALLIANZ GLOBAL INVESTORS1 year

Service code 52 · EIN 33-0457728

Indirect Investment Fees

AMERICAN CENTURY1 year

Service code 52 · EIN 77-0273954

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BARON1 year

Service code 52 · EIN 13-3806818

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC

Service code 27 · EIN 61-1732930

Advisory (Plan)

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3335387

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 22-2894171

Indirect Investment Fees

GREENWOOD, INC. 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENWOOD, INC. 401K RETIREMENT SAVINGS 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