Retirement plan

EVANS ROOFING COMPANY, INC. PROFIT SHARING 401K PLAN

Name: EVANS ROOFING COMPANY, INC. - EVANS ROOFING COMPANY, INC. PROFIT SHARING 401K PLAN (2016) Form 5500
Creator: EVANS ROOFING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EVANS ROOFING COMPANY, INC. PROFIT SHARING 401K PLAN, EVANS ROOFING COMPANY, INC.

EVANS ROOFING COMPANY, INC.EIN 58-2274154Plan #001PY 2016

1421 COLLEGE AVENUE - ELMIRA, NY 14901607-734-8838evansroofingcompany.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.5M

+4.8% from 2015

Total participants

209

+2.0% from 2015

Average account balance

$29,234

+3.1% from 2015

Annual return

8.61%

+9.95 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.15M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

186

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$830K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$360

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 1 by compensation

Provider	Service type	Compensation
CHEMUNG CANAL TRUST COMPANY2+ years Service code 13 · EIN 16-0380815	Contract Administrator	$32,097

Plan features & details

Pension benefit codes2E2G2J2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$32K

$228 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.581%

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: EFPR GROUP, CPAS, PLLC
Auditor EIN: 474526160
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,234

$52,884-44.7%

$84,753-65.5%

$55,167-47.0%

Participation rate

85.8%

67.5%+18.3pp

76.6%+9.2pp

69.0%+16.8pp

Annual return

8.61%

18.03%-9.4pp

22.78%-14.2pp

169.23%-160.6pp

Employer contribution / active EE

$1,128

$2,233-49.5%

$3,574-68.5%

$1,963-42.5%

Participant deferral / active EE

$1,483

$2,644-43.9%

$3,712-60.0%

$3,054-51.4%

Admin fee / account holder

$170

$581-70.8%

$5,333-96.8%

$504-66.3%

Provider

Service type

Compensation

CHEMUNG CANAL TRUST COMPANY2+ years

Service code 13 · EIN 16-0380815

Contract Administrator

$32,097

EVANS ROOFING COMPANY, INC. PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EVANS ROOFING COMPANY, INC. PROFIT SHARING 401K 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