Retirement plan

LEE MASONRY PRODUCTS, INC. 401(K) PLAN

Name: LEE MASONRY PRODUCTS, INC. - LEE MASONRY PRODUCTS, INC. 401(K) PLAN (2017) Form 5500
Creator: LEE MASONRY PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEE MASONRY PRODUCTS, INC. 401(K) PLAN, LEE MASONRY PRODUCTS, INC.

LEE MASONRY PRODUCTS, INC.EIN 61-0901825Plan #001PY 2017

P.O. BOX 687 - HOPKINSVILLE, KY 42241270-886-6696

Other plans on this EIN

1 filing

#002Retirement-$10.0M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.1M

+4.8% from 2016

Total participants

232

-30.7% from 2016

Average account balance

$50,046

+65.3% from 2016

Annual return

12.90%

+14.25 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.19M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

181

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.

38.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$513K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+5.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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
KRAFT CPAS, PLLC2+ years Filed as: KRAFT CPA'S PLLC Service code 10 555 GREAT CIRCLE RD · NASHVILLE, TN 37228	Accounting	$3,259
BKD, LLP2+ years Filed as: BKD WEALTH ADVISORS Service code 10 PO BOX 1190 · SPRINGFIELD, MO 658900115	Accounting	$2,208
RAYMOND JAMES FINANCIAL SERVICES2+ years Service code 27 1240 ASHLEY CIRCLE, SUITE A · BOWLING GREEN, KY 42104	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$39 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.075%

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: KRAFTCPAS PLLC
Auditor EIN: 620713250
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,046

$63,314-21.0%

$91,004-45.0%

$62,293-19.7%

Participation rate

71.4%

73.3%-1.9pp

75.6%-4.2pp

69.5%+1.9pp

Annual return

12.90%

21.00%-8.1pp

4.60%+8.3pp

28.90%-16.0pp

Employer contribution / active EE

$1,807-100.0%

$2,456-100.0%

$2,042-100.0%

Participant deferral / active EE

$2,243

$2,944-23.8%

$3,548-36.8%

$3,169-29.2%

Admin fee / account holder

$37

$468-92.0%

$5,417-99.3%

$479-92.2%

Provider

Service type

Compensation

KRAFT CPAS, PLLC2+ years

Filed as: KRAFT CPA'S PLLC

Service code 10

555 GREAT CIRCLE RD · NASHVILLE, TN 37228

Accounting

$3,259

BKD, LLP2+ years

Filed as: BKD WEALTH ADVISORS

Service code 10

PO BOX 1190 · SPRINGFIELD, MO 658900115

Accounting

$2,208

RAYMOND JAMES FINANCIAL SERVICES2+ years

Service code 27

1240 ASHLEY CIRCLE, SUITE A · BOWLING GREEN, KY 42104

Advisory (Plan)

LEE MASONRY PRODUCTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEE MASONRY PRODUCTS, INC. 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