Retirement plan

GERRALD'S MECHANICAL SERVICES, INC. 401(K) PROFIT SHARING PLAN

Name: GERRALD'S MECHANICAL SERVICES, INC. - GERRALD'S MECHANICAL SERVICES, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: GERRALD'S MECHANICAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GERRALD'S MECHANICAL SERVICES, INC. 401(K) PROFIT SHARING PLAN, GERRALD'S MECHANICAL SERVICES, INC.

GERRALD'S MECHANICAL SERVICES, INC.EIN 58-2047712Plan #001PY 2017

100 EDSEL DR P.O. BOX 459 - RICHMOND HILL, GA 31324912-756-3422LinkedIn11-50 employeesindividual & family services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$602K

+38.1% from 2016

Total participants

+24.3% from 2016

Average account balance

$14,674

+24.6% from 2016

Annual return

8.15%

+6.31 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.39M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

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.

196.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

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

+6.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1617

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$265 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.455%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,674

$53,128-72.4%

$86,581-83.1%

$70,124-79.1%

Participation rate

84.8%

65.3%+19.5pp

73.5%+11.3pp

69.5%+15.3pp

Annual return

8.15%

27.66%-19.5pp

965.06%-956.9pp

73.14%-65.0pp

Employer contribution / active EE

$3,033

$2,068+46.7%

$2,840+6.8%

$2,342+29.5%

Participant deferral / active EE

$945

$2,695-64.9%

$3,609-73.8%

$3,332-71.6%

Admin fee / account holder

$214

$3,584-94.0%

$4,904-95.6%

$4,645-95.4%

GERRALD'S MECHANICAL SERVICES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GERRALD'S MECHANICAL SERVICES, INC. 401(K) 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