Retirement plan

HOWELL CONTRACTORS, INC. 401(K) PREVAILING WAGE PLAN

Name: HOWELL CONTRACTORS, INC. - HOWELL CONTRACTORS, INC. 401(K) PREVAILING WAGE PLAN (2017) Form 5500
Creator: HOWELL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOWELL CONTRACTORS, INC. 401(K) PREVAILING WAGE PLAN, HOWELL CONTRACTORS, INC.

HOWELL CONTRACTORS, INC.EIN 61-1157309Plan #002PY 2017

980 HELEN RUTH DRIVE - FT. WRIGHT, KY 41017859-331-5457LinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+11.9% from 2016

Total participants

+4.8% from 2016

Average account balance

$23,774

+6.5% from 2016

Annual return

13.05%

+7.62 pp from 2016

Benchmarks

See 14,318 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort14,318 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.16M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

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.

185.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$130K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8325

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

0 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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$381K

$10582 / participant

Other / not subdivided$381K100.0%

% of EOY assets

19.305%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,774

$63,346-62.5%

$92,240-74.2%

$70,126-66.1%

Participation rate

86.1%

68.7%+17.4pp

76.5%+9.6pp

69.5%+16.6pp

Annual return

13.05%

530.19%-517.1pp

176.29%-163.2pp

73.15%-60.1pp

Employer contribution / active EE

$7,558

$2,471+205.8%

$3,680+105.4%

$2,343+222.7%

Participant deferral / active EE

$2,481

$2,854-13.1%

$3,897-36.3%

$3,332-25.5%

Admin fee / account holder

$4,590

$3,841+19.5%

$5,194-11.6%

$4,645-1.2%

HOWELL CONTRACTORS, INC. 401(K) PREVAILING WAGE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOWELL CONTRACTORS, INC. 401(K) PREVAILING WAGE 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