Retirement plan

SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN

Name: SWIFT & STALEY MECHANICAL CONTRACTORS, INC. - SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN (2016) 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 2016

101 LIBERTY DR., SUITE 7 - KEVIL, KY 42053270-462-4277swiftstaley.comLinkedIn51-200 employeesgovernment relations

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.7M

+18.0% from 2015

Total participants

146

-2.7% from 2015

Average account balance

$47,021

+20.4% from 2015

Annual return

9.10%

+8.51 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Top 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 55 5120 VILLAGE SQUARE DR STE D · PADUCAH, KY 420019560	Other Commissions	$16,202
BLYTHE FINANCIAL GROUP1 year Filed as: BLYTHE WHITE & ASSOCIATES PLLC Service code 10 2660 WEST PARK DR STE 1 · PADUCAH, KY 42001	Accounting	$10,000
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,288

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$12K

$96 / participant

Contract admin$2K13.3%
Other / not subdivided$10K86.7%

% of EOY assets

0.172%

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: BORIS BENIC & ASSOCIATES LLP
Auditor EIN: 542190047
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,021

$52,884-11.1%

$84,753-44.5%

$55,167-14.8%

Participation rate

97.5%

67.5%+30.0pp

76.6%+20.9pp

69.0%+28.5pp

Annual return

9.10%

18.03%-8.9pp

22.78%-13.7pp

169.23%-160.1pp

Employer contribution / active EE

$3,257

$2,233+45.8%

$3,574-8.9%

$1,963+65.9%

Participant deferral / active EE

$5,121

$2,644+93.7%

$3,712+38.0%

$3,054+67.7%

Admin fee / account holder

$81

$581-86.1%

$5,333-98.5%

$504-84.0%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 55

5120 VILLAGE SQUARE DR STE D · PADUCAH, KY 420019560

Other Commissions

$16,202

BLYTHE FINANCIAL GROUP1 year

Filed as: BLYTHE WHITE & ASSOCIATES PLLC

Service code 10

2660 WEST PARK DR STE 1 · PADUCAH, KY 42001

Accounting

$10,000

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,288

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