Retirement plan

CORBETT ELECTRICAL CONSTRUCTION, INC. 401(K) PLAN

Name: CORBETT ELECTRICAL CONSTRUCTION INC. - CORBETT ELECTRICAL CONSTRUCTION, INC. 401(K) PLAN (2018) Form 5500
Creator: CORBETT ELECTRICAL CONSTRUCTION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORBETT ELECTRICAL CONSTRUCTION, INC. 401(K) PLAN, CORBETT ELECTRICAL CONSTRUCTION INC.

CORBETT ELECTRICAL CONSTRUCTION INC.EIN 58-2219586Plan #001PY 2018

1387 HIGHWAY 135 SOUTH - LAKE PARK, GA 31636229-559-4784LinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-6.2% from 2017

Total participants

+19.2% from 2017

Average account balance

$100,767

-18.7% from 2017

Annual return

-4.44%

-21.65 pp from 2017

Benchmarks

See 38,941 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,941 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.59M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

188.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+4.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2490

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$256K

$10663 / participant

Other / not subdivided$256K100.0%

% of EOY assets

8.466%

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

$100,767

$97,729+3.1%

$83,830+20.2%

$135,379-25.6%

Participation rate

95.8%

80.0%+15.9pp

76.1%+19.7pp

82.6%+13.2pp

Annual return

-4.44%

1287.52%-1292.0pp

850.97%-855.4pp

519.79%-524.2pp

Employer contribution / active EE

$1,700

$4,222-59.7%

$3,631-53.2%

$4,779-64.4%

Participant deferral / active EE

$6,476

$4,683+38.3%

$4,082+58.6%

$5,609+15.5%

Admin fee / account holder

$8,530

$6,674+27.8%

$5,479+55.7%

$10,828-21.2%

CORBETT ELECTRICAL CONSTRUCTION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORBETT ELECTRICAL CONSTRUCTION, INC. 401(K) 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