Retirement plan

R. J. CORMAN SAVINGS RETIREMENT PLAN

Name: R. J. CORMAN RAILROAD GROUP, LLC - R. J. CORMAN SAVINGS RETIREMENT PLAN (2017) Form 5500
Creator: R. J. CORMAN RAILROAD GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R. J. CORMAN SAVINGS RETIREMENT PLAN, R. J. CORMAN RAILROAD GROUP, LLC

R. J. CORMAN RAILROAD GROUP, LLCEIN 61-0893327Plan #001PY 2017

101 R.J. CORMAN DRIVE - NICHOLASVILLE, KY 40356859-881-2419rjcorman.comLinkedIn1001-5000 employeestransportation/trucking/railroad

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$54M

+12.4% from 2016

Total participants

1,497

-1.8% from 2016

Average account balance

$57,042

+13.7% from 2016

Annual return

15.02%

+8.80 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$78.90M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

1,480

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.32M

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

+12.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 4 by compensation

Provider	Service type	Compensation
CENTRAL BANK & TRUST CO.3+ years Service code 21 300 WEST VINE STREET · LEXINGTON, KY 40507	Bank Trustee	$187,933
DEAN DORTON ALLEN FORD, PLLC2 years Filed as: DEAN DORTON ALLEN FORD PLLC Service code 10 106 W VINE ST, STE 600 · LEXINGTON, KY 40507	Accounting	$13,500
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$11,450
WALLINGFORD PRODIGY INC1 year Filed as: WALLINGFORD LAW PSC Service code 29 1050 MONARCH ST, STE 100 · LEXINGTON, KY 40513	Legal	$2,635

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$216K

$164 / participant

Contract admin$202K93.7%
Other / not subdivided$14K6.3%

% of EOY assets

0.399%

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: DEAN DORTON ALLEN FORD PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,042

$221,442-74.2%

$92,240-38.2%

$77,958-26.8%

Participation rate

58.1%

79.6%-21.5pp

76.5%-18.3pp

71.6%-13.5pp

Annual return

15.02%

15.65%-0.6pp

176.29%-161.3pp

20.87%-5.8pp

Employer contribution / active EE

$2,392

$3,226-25.8%

$3,680-35.0%

$2,310+3.5%

Participant deferral / active EE

$2,677

$2,779-3.7%

$3,897-31.3%

$3,537-24.3%

Admin fee / account holder

$228

$210+8.5%

$5,194-95.6%

$97+133.7%

Provider

Service type

Compensation

CENTRAL BANK & TRUST CO.3+ years

Service code 21

300 WEST VINE STREET · LEXINGTON, KY 40507

Bank Trustee

$187,933

DEAN DORTON ALLEN FORD, PLLC2 years

Filed as: DEAN DORTON ALLEN FORD PLLC

Service code 10

106 W VINE ST, STE 600 · LEXINGTON, KY 40507

Accounting

$13,500

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$11,450

WALLINGFORD PRODIGY INC1 year

Filed as: WALLINGFORD LAW PSC

Service code 29

1050 MONARCH ST, STE 100 · LEXINGTON, KY 40513

Legal

$2,635

R. J. CORMAN SAVINGS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R. J. CORMAN SAVINGS RETIREMENT 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