Retirement plan

SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN

Name: SWIFT & STALEY MECHANICAL CONTRACTORS, INC. - SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.3M

+23.9% from 2016

Total participants

152

+4.1% from 2016

Average account balance

$56,678

+20.5% from 2016

Annual return

17.78%

+8.67 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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 8 by compensation

Provider	Service type	Compensation
BORIS BENIC AND ASSOCIATES LLP1 year Service code 10 500 OLD COUNTRY RD STE 311 · GARDEN CITY, NY 11530	Accounting	$5,500
THE BENEFIT PRACTICE1 year Service code 13 1055 WASHINGTON BLVD STE 610 · STAMFORD, CT 069012218	Contract Administrator	$5,025
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,756
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004	Other Commissions	$2,711
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 27 6011 WEST COURTYARD DR STE 405 · AUSTIN, TX 78730	Advisory (Plan)	$346
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INSURANCE SERVICES I Service code 55 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004	Other Commissions	$275
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$50
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$23

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$11K

$91 / participant

Investment mgmt$1K10.1%
Other / not subdivided$10K89.9%

% of EOY assets

0.132%

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

$56,678

$58,726-3.5%

$92,240-38.6%

$62,293-9.0%

Participation rate

95.9%

68.3%+27.5pp

76.5%+19.4pp

69.5%+26.4pp

Annual return

17.78%

43.62%-25.8pp

176.29%-158.5pp

28.90%-11.1pp

Employer contribution / active EE

$3,167

$2,392+32.4%

$3,680-13.9%

$2,042+55.1%

Participant deferral / active EE

$4,747

$2,766+71.6%

$3,897+21.8%

$3,169+49.8%

Admin fee / account holder

$75

$556-86.6%

$5,194-98.6%

$479-84.4%

Provider

Service type

Compensation

BORIS BENIC AND ASSOCIATES LLP1 year

Service code 10

500 OLD COUNTRY RD STE 311 · GARDEN CITY, NY 11530

Accounting

$5,500

THE BENEFIT PRACTICE1 year

Service code 13

1055 WASHINGTON BLVD STE 610 · STAMFORD, CT 069012218

Contract Administrator

$5,025

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,756

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 55

1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004

Other Commissions

$2,711

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 27

6011 WEST COURTYARD DR STE 405 · AUSTIN, TX 78730

Advisory (Plan)

$346

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INSURANCE SERVICES I

Service code 55

1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004

Other Commissions

$275

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$50

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$23

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