Retirement plan

CALDWELL TANKS PROFIT SHARING 401(K) PLAN

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

CALDWELL TANKS, INC.EIN 61-0148890Plan #001PY 2017

4000 TOWER ROAD - LOUISVILLE, KY 40219502-964-3361caldwelltanks.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$22.6M

+12.4% from 2016

Total participants

553

+3.0% from 2016

Average account balance

$60,493

+17.5% from 2016

Annual return

15.75%

+7.81 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.91M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

366

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.

70.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$284

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 3 by compensation

Provider	Service type	Compensation
CROWE LLP3+ years Filed as: CROWE HORWATH LLP Service code 10 · EIN 35-0921680	Accounting	$12,697
PNC BANK, N.A.3+ years Service code 25 · EIN 22-1146430	Directed Trustee	$4,280
PNC BANK, N.A.3+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes3D2E2G2J2K2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$38 / participant

Investment mgmt$1050.6%
Other / not subdivided$17K99.4%

% of EOY assets

0.075%

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: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,493

$69,305-12.7%

$82,312-26.5%

$69,631-13.1%

Participation rate

59.5%

80.3%-20.8pp

76.9%-17.4pp

70.7%-11.2pp

Annual return

15.75%

21.47%-5.7pp

25.88%-10.1pp

27571.02%-27555.3pp

Employer contribution / active EE

$1,024

$1,887-45.7%

$2,428-57.8%

$2,032-49.6%

Participant deferral / active EE

$2,864

$3,568-19.8%

$3,706-22.7%

$3,224-11.2%

Admin fee / account holder

$46

$97-53.2%

$5,608-99.2%

$110-58.8%

Provider

Service type

Compensation

CROWE LLP3+ years

Filed as: CROWE HORWATH LLP

Service code 10 · EIN 35-0921680

Accounting

$12,697

PNC BANK, N.A.3+ years

Service code 25 · EIN 22-1146430

Directed Trustee

$4,280

PNC BANK, N.A.3+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 59

Shareholder Servicing

CALDWELL TANKS PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALDWELL TANKS PROFIT SHARING 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