Retirement plan

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: WALKER MECHANICAL CONTRACTORS, INC. - WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: WALKER MECHANICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, WALKER MECHANICAL CONTRACTORS, INC.

WALKER MECHANICAL CONTRACTORS, INC.EIN 61-1366991Plan #002PY 2018

1400 W JEFFERSON ST. - LOUISVILLE, KY 40203502-636-0002walkermechanicalinc.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.9M

-57.2% from 2017

Total participants

0.0% from 2017

Average account balance

$64,255

-57.2% from 2017

Annual return

-61.23%

-72.47 pp from 2017

Benchmarks

See 38,940 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,940 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.93M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$196K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

-61.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2098

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$63K

$2737 / participant

Other / not subdivided$63K100.0%

% of EOY assets

3.265%

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

$64,255

$97,732-34.3%

$83,831-23.4%

$135,380-52.5%

Participation rate

100.0%

80.0%+20.0pp

76.1%+23.9pp

82.6%+17.4pp

Annual return

-61.23%

1287.56%-1348.8pp

850.99%-912.2pp

519.81%-581.0pp

Employer contribution / active EE

$8,530

$4,222+102.0%

$3,631+134.9%

$4,779+78.5%

Participant deferral / active EE

$4,683-100.0%

$4,082-100.0%

$5,609-100.0%

Admin fee / account holder

$2,098

$6,675-68.6%

$5,479-61.7%

$10,828-80.6%

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP 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