Retirement plan

TERRYS ELECTRIC 401(K) SAVINGS PLAN

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

TERRYS ELECTRIC, INC.EIN 59-2126995Plan #001PY 2018

600 N THACKER AVE STE A - KISSIMMEE, FL 347414800407-572-2100terryselectric.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$7.1M

-4.7% from 2017

Total participants

524

+8.9% from 2017

Average account balance

$14,468

-14.1% from 2017

Annual return

-6.71%

-25.23 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.90M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

315

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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 10 of 20 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4+ years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$25,327
AMERICAN REALTY ADVISORS4+ years Filed as: AMERICAN BEACON FUNDS Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN CENTURY4+ years Service code 28	Investment Management	$0
AMERICAN CENTURY4+ years Filed as: AMERICAN CENTURY INVESTMENT Service code 28 · EIN 20-0623152	Investment Management	$0
COLUMBIA4+ years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
DIMENSIONAL FUND ADVISORS3 years Filed as: DIMENSIONAL FUND Service code 28	Investment Management	$0
DIMENSIONAL FUND ADVISORS3 years Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
FRANKLIN TEMPLETON4+ years Service code 28 · EIN 13-2670091	Investment Management	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J2K2T

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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$25K

$86 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.354%

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: MOORE STEPHENS LOVELACE, P.A.
Auditor EIN: 593070669
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,468

$56,443-74.4%

$83,830-82.7%

$55,725-74.0%

Participation rate

89.8%

72.0%+17.8pp

76.1%+13.7pp

70.9%+19.0pp

Annual return

-6.71%

393.67%-400.4pp

850.97%-857.7pp

244.93%-251.6pp

Employer contribution / active EE

$387

$2,682-85.6%

$3,631-89.3%

$2,078-81.4%

Participant deferral / active EE

$1,753

$2,965-40.9%

$4,082-57.1%

$3,356-47.8%

Admin fee / account holder

$51

$156-67.2%

$5,479-99.1%

$115-55.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4+ years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$25,327

AMERICAN REALTY ADVISORS4+ years

Filed as: AMERICAN BEACON FUNDS

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN CENTURY4+ years

Service code 28

Investment Management

AMERICAN CENTURY4+ years

Filed as: AMERICAN CENTURY INVESTMENT

Service code 28 · EIN 20-0623152

Investment Management

COLUMBIA4+ years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DIMENSIONAL FUND ADVISORS3 years

Filed as: DIMENSIONAL FUND

Service code 28

Investment Management

DIMENSIONAL FUND ADVISORS3 years

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

FRANKLIN TEMPLETON4+ years

Service code 28 · EIN 13-2670091

Investment Management

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

TERRYS ELECTRIC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TERRYS ELECTRIC 401(K) SAVINGS 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