Retirement plan

ATS CONSTRUCTION 401(K) RETIREMENT PLAN

Name: L-M ASPHALT PARTNERS, LTD. (D/B/A ATS CONSTRUCTION) - ATS CONSTRUCTION 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: L-M ASPHALT PARTNERS, LTD. (D/B/A ATS CONSTRUCTION)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATS CONSTRUCTION 401(K) RETIREMENT PLAN, L-M ASPHALT PARTNERS, LTD. (D/B/A ATS CONSTRUCTION)

L-M ASPHALT PARTNERS, LTD. (D/B/A ATS CONSTRUCTION)EIN 61-1219911Plan #001PY 2016

3009 ATKINSON AVE., SUITE 400 - LEXINGTON, KY 40509859-223-7001LinkedIn501-1000 employeesconstruction

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.7M

+23.2% from 2015

Total participants

656

+6.1% from 2015

Average account balance

$25,731

+5.3% from 2015

Annual return

7.86%

+8.83 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.92M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

872

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.

78.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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 2 by compensation

Provider	Service type	Compensation
TD AMERITRADE, INC.2+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$709
FIFTH THIRD BANK RETIREMENT SERVICE2+ years Service code 64 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2R2T3B3H

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$8K

$18 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.062%

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: RFH, PLLC
Auditor EIN: 201518594
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,731

$57,921-55.6%

$84,753-69.6%

$57,658-55.4%

Participation rate

73.1%

72.9%+0.2pp

76.6%-3.5pp

70.2%+2.9pp

Annual return

7.86%

10.24%-2.4pp

22.78%-14.9pp

5.13%+2.7pp

Employer contribution / active EE

$6,981

$2,598+168.7%

$3,574+95.3%

$1,974+253.7%

Participant deferral / active EE

$955

$2,742-65.2%

$3,712-74.3%

$3,061-68.8%

Admin fee / account holder

$16

$130-87.7%

$5,333-99.7%

$95-83.2%

Provider

Service type

Compensation

TD AMERITRADE, INC.2+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$709

FIFTH THIRD BANK RETIREMENT SERVICE2+ years

Service code 64

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Recordkeeping Fees

ATS CONSTRUCTION 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATS CONSTRUCTION 401(K) RETIREMENT 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