Retirement plan

SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN

Name: SWIFT & STALEY MECHANICAL CONTRACTORS, INC. - SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN (2015) Form 5500
Creator: SWIFT & STALEY MECHANICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN, SWIFT & STALEY MECHANICAL CONTRACTORS, INC.

SWIFT & STALEY MECHANICAL CONTRACTORS, INC.EIN 61-0953661Plan #002PY 2015

101 LIBERTY DR STE 7 - KEVIL, KY 42053270-441-5043swiftstaley.comLinkedIn51-200 employeesgovernment relations

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.7M

No prior year

Total participants

150

No prior year

Average account balance

$39,040

No prior year

Annual return

0.60%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.41M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

171

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$315

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J3D2E

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$1K

$9 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.024%

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: BLYTHE WHITE
Auditor EIN: 203450056
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,040

$50,464-22.6%

$75,784-48.5%

$52,331-25.4%

Participation rate

97.3%

66.8%+30.6pp

75.8%+21.5pp

68.1%+29.2pp

Annual return

0.60%

1.03%-0.4pp

9.68%-9.1pp

4.54%-3.9pp

Employer contribution / active EE

$3,481

$1,988+75.1%

$3,323+4.7%

$1,882+85.0%

Participant deferral / active EE

$4,538

$2,570+76.5%

$3,652+24.3%

$3,022+50.1%

Admin fee / account holder

$10

$1,103-99.1%

$5,300-99.8%

$592-98.4%

SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWIFT & STALEY GOVERNMENTAL SERVICES 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