Retirement plan

CENTRAL MAINTENANCE & WELDING, INC. 401(K) PROFIT SHARING PLAN

Name: CENTRAL MAINTENANCE & WELDING, INC. - CENTRAL MAINTENANCE & WELDING, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: CENTRAL MAINTENANCE & WELDING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL MAINTENANCE & WELDING, INC. 401(K) PROFIT SHARING PLAN, CENTRAL MAINTENANCE & WELDING, INC.

CENTRAL MAINTENANCE & WELDING, INC.EIN 59-1147854Plan #001PY 2017

2620 E. KEYSVILLE ROAD - LITHIA, FL 33547813-737-1402cmw.ccLinkedIn201-500 employeesconstruction

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$8.3M

+9.1% from 2016

Total participants

109

-10.7% from 2016

Average account balance

$78,471

+19.4% from 2016

Annual return

16.60%

+11.33 pp from 2016

Benchmarks

See 14,969 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,969 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.30M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

120

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$646K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$351

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
SUNTRUST BANKS, INC.3+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308	Bank Trustee	$11,084

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$11K

$140 / participant

Contract admin$11K100.0%

% of EOY assets

0.133%

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: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,471

$67,606+16.1%

$82,313-4.7%

$70,124+11.9%

Participation rate

96.2%

72.8%+23.4pp

76.9%+19.3pp

69.5%+26.7pp

Annual return

16.60%

21.57%-5.0pp

25.88%-9.3pp

73.14%-56.5pp

Employer contribution / active EE

$4,672

$1,755+166.2%

$2,428+92.4%

$2,342+99.4%

Participant deferral / active EE

$1,222

$2,987-59.1%

$3,706-67.0%

$3,332-63.3%

Admin fee / account holder

$105

$4,512-97.7%

$5,608-98.1%

$4,645-97.7%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.3+ years

Service code 21

303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308

Bank Trustee

$11,084

CENTRAL MAINTENANCE & WELDING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL MAINTENANCE & WELDING, 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