Retirement plan

GENERAL CAULKING AND COATINGS 401(K) PLAN

Name: GENERAL CAULKING AND COATINGS CO, INC. - GENERAL CAULKING AND COATINGS 401(K) PLAN (2020) Form 5500
Creator: GENERAL CAULKING AND COATINGS CO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL CAULKING AND COATINGS 401(K) PLAN, GENERAL CAULKING AND COATINGS CO, INC.

GENERAL CAULKING AND COATINGS CO, INC.EIN 59-1284060Plan #001PY 2020

101 NW 176TH STREET - MIAMI, FL 33169305-652-1020generalcaulking.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$7.5M

+8.1% from 2019

Total participants

121

+13.1% from 2019

Average account balance

$116,705

+6.4% from 2019

Annual return

13.02%

-3.45 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.24M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

35.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$338K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$867

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1 year Service code 12 · EIN 35-0472300 P.O. BOX 7877 · FORT WAYNE, IN 46802	Participant communication; Investment...	$41,702
PENSION INVESTORS CORPORATION1 year Filed as: PENSION INVESTORS CORPORATION OF OR Service code 13 · EIN 59-2166422 220 E CENTRAL PARKWAY · ALTAMONTE SPRINGS, FL 32701	Contract Administrator	$6,178

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$43K

$419 / participant

Investment mgmt$43K100.0%

% of EOY assets

0.578%

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: PINCHASIK YELEN MUSKAT STEIN, LLC
Auditor EIN: 274256127
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,705

$69,383+68.2%

$101,275+15.2%

$73,497+58.8%

Participation rate

44.7%

68.4%-23.7pp

75.8%-31.1pp

70.7%-26.0pp

Annual return

13.02%

18.46%-5.4pp

46.48%-33.5pp

28.51%-15.5pp

Employer contribution / active EE

$252

$2,628-90.4%

$3,660-93.1%

$2,270-88.9%

Participant deferral / active EE

$2,781

$3,301-15.7%

$4,371-36.4%

$3,740-25.6%

Admin fee / account holder

$674

$704-4.2%

$5,948-88.7%

$513+31.4%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Service code 12 · EIN 35-0472300

P.O. BOX 7877 · FORT WAYNE, IN 46802

Participant communication; Investment...

$41,702

PENSION INVESTORS CORPORATION1 year

Filed as: PENSION INVESTORS CORPORATION OF OR

Service code 13 · EIN 59-2166422

220 E CENTRAL PARKWAY · ALTAMONTE SPRINGS, FL 32701

Contract Administrator

$6,178

GENERAL CAULKING AND COATINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL CAULKING AND COATINGS 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