Retirement plan

FORD CONSTRUCTION COMPANY PROFIT SHARING PLAN

Name: FORD CONSTRUCTION COMPANY - FORD CONSTRUCTION COMPANY PROFIT SHARING PLAN (2016) Form 5500
Creator: FORD CONSTRUCTION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORD CONSTRUCTION COMPANY PROFIT SHARING PLAN, FORD CONSTRUCTION COMPANY

FORD CONSTRUCTION COMPANYEIN 62-0537961Plan #001PY 2016

1311 EAST COURT ST., P.O. BOX 527 - DYERSBURG, TN 380250527731-285-5185fordcc.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.5M

-4.7% from 2015

Total participants

222

-9.4% from 2015

Average account balance

$38,835

-6.0% from 2015

Annual return

11.52%

+12.57 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

$14.16M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

216

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.34M

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

+11.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$265

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIRST TENNESSEE BANK2+ years Filed as: FIRST TENNESSEE BANK, NA Service code 21 · EIN 62-1382556	Bank Trustee	$32,349
ALEXANDER THOMPSON ARNOLD PLLC2+ years Service code 10 · EIN 62-1110839	Accounting	$5,300

Plan features & details

Pension benefit codes2A2E2J3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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

$42K

$210 / participant

Investment mgmt$32K76.9%
Other / not subdivided$10K23.1%

% of EOY assets

0.492%

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: ALEXANDER THOMPSON ARNOLD PLLC
Auditor EIN: 621110839
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,835

$52,884-26.6%

$84,753-54.2%

$55,167-29.6%

Participation rate

99.0%

67.5%+31.5pp

76.6%+22.4pp

69.0%+30.0pp

Annual return

11.52%

18.03%-6.5pp

22.78%-11.3pp

169.23%-157.7pp

Employer contribution / active EE

$2,233-100.0%

$3,574-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,050

$2,644-60.3%

$3,712-71.7%

$3,054-65.6%

Admin fee / account holder

$191

$581-67.1%

$5,333-96.4%

$504-62.1%

Provider

Service type

Compensation

FIRST TENNESSEE BANK2+ years

Filed as: FIRST TENNESSEE BANK, NA

Service code 21 · EIN 62-1382556

Bank Trustee

$32,349

ALEXANDER THOMPSON ARNOLD PLLC2+ years

Service code 10 · EIN 62-1110839

Accounting

$5,300

FORD CONSTRUCTION COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORD CONSTRUCTION COMPANY PROFIT SHARING 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