Retirement plan

AGC RETIREMENT SAVINGS PLAN

Name: AGC GEORGIA - AGC RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: AGC GEORGIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGC RETIREMENT SAVINGS PLAN, AGC GEORGIA

AGC GEORGIAEIN 58-0144470Plan #003PY 2019

1940 THE EXCHANGE, SUITE 100 - ATLANTA, GA 30339678-298-4100agcga.orgLinkedIn11-50 employeesconstruction

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$133.9M

+27.6% from 2018

Total participants

4,401

+18.1% from 2018

Average account balance

$42,821

+12.0% from 2018

Annual return

24.26%

+26.71 pp from 2018

Benchmarks

See 440 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort440 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$226.97M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

4,373

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.

61.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
BLUESTAR RETIREMENT SERVICES2 years Filed as: BLUESTAR RETIREMENT SERVICES, INC. Service code 13 · EIN 59-3092339	Contract Administrator	$390,013
BENSOURCE EMPLOYEE BENEFITS2 years Service code 26 · EIN 27-1598845	Advisory (Participants)	$318,523
TD AMERITRADE, INC.2 years Filed as: TD AMERITRADE TRUST COMPNAY Service code 19 · EIN 20-0937408	Securities Custodian	$40,913
SMITH & HOWARD, PC1 year Service code 10 · EIN 58-1250486	Accounting	$30,500
AGC RETIREMENT TRUST2 years Filed as: AGC GEORGIA Service code 12 1940 THE EXCHANGE, SUITE 100 · ATLANTA, GA 30339	Participant loan processing; Claims p...	$5,175

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$787K

$202 / participant

Investment mgmt$319K40.5%
Contract admin$431K54.8%
Other / not subdivided$38K4.8%

% of EOY assets

0.588%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SMITH & HOWARD, PC
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,821

$66,051-35.2%

$92,893-53.9%

$77,787-45.0%

Participation rate

67.3%

81.0%-13.6pp

76.0%-8.7pp

73.2%-5.9pp

Annual return

24.26%

20.69%+3.6pp

109.41%-85.2pp

32.57%-8.3pp

Employer contribution / active EE

$1,011

$3,426-70.5%

$3,653-72.3%

$2,504-59.6%

Participant deferral / active EE

$2,383

$3,013-20.9%

$4,236-43.8%

$3,967-39.9%

Admin fee / account holder

$252

$148+70.4%

$5,794-95.7%

$100+151.7%

Provider

Service type

Compensation

BLUESTAR RETIREMENT SERVICES2 years

Filed as: BLUESTAR RETIREMENT SERVICES, INC.

Service code 13 · EIN 59-3092339

Contract Administrator

$390,013

BENSOURCE EMPLOYEE BENEFITS2 years

Service code 26 · EIN 27-1598845

Advisory (Participants)

$318,523

TD AMERITRADE, INC.2 years

Filed as: TD AMERITRADE TRUST COMPNAY

Service code 19 · EIN 20-0937408

Securities Custodian

$40,913

SMITH & HOWARD, PC1 year

Service code 10 · EIN 58-1250486

Accounting

$30,500

AGC RETIREMENT TRUST2 years

Filed as: AGC GEORGIA

Service code 12

1940 THE EXCHANGE, SUITE 100 · ATLANTA, GA 30339

Participant loan processing; Claims p...

$5,175

AGC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGC 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