Retirement plan

COLONY CONSTRUCTION, INC. 401(K) PLAN

Name: COLONY CONSTRUCTION, INC. - COLONY CONSTRUCTION, INC. 401(K) PLAN (2018) Form 5500
Creator: COLONY CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLONY CONSTRUCTION, INC. 401(K) PLAN, COLONY CONSTRUCTION, INC.

COLONY CONSTRUCTION, INC.EIN 62-1380768Plan #001PY 2018

2333 ANDERSON HIGHWAY - POWHATAN, VA 231397504804-598-1400colonypaving.comLinkedIn51-200 employeesconstruction

Prospect flagsLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$4.1M

+1.7% from 2017

Total participants

130

+1.6% from 2017

Average account balance

$35,996

+3.5% from 2017

Annual return

-6.94%

-22.18 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.09M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

127

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$480K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2670

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

Top 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$28,431
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 49 · EIN 59-1199408	Other Services	$7,127
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480	Other Services	$6,030
OXFORD ASSET MANAGEMENT, LLC1 year Service code 26 · EIN 74-2785931	Advisory (Participants)	$3,041
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930	Recordkeeping	$235
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$175
WILSHIRE ASSOCIATES INCORPORATED3 years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$29K

$225 / participant

Contract admin$2350.8%
Other / not subdivided$28K99.2%

% of EOY assets

0.690%

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: HARRIS, HARDY AND JOHNSTONE, P.C.
Auditor EIN: 541451026
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,996

$55,449-35.1%

$83,830-57.1%

$56,287-36.0%

Participation rate

88.2%

68.0%+20.2pp

76.1%+12.0pp

69.9%+18.3pp

Annual return

-6.94%

-1.38%-5.6pp

850.97%-857.9pp

-9.96%+3.0pp

Employer contribution / active EE

$1,313

$2,430-46.0%

$3,631-63.8%

$2,111-37.8%

Participant deferral / active EE

$2,054

$2,935-30.0%

$4,082-49.7%

$3,350-38.7%

Admin fee / account holder

$249

$656-62.1%

$5,479-95.5%

$521-52.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$28,431

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES INSURANCE GROUP INC

Service code 49 · EIN 59-1199408

Other Services

$7,127

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 49 · EIN 13-2808480

Other Services

$6,030

OXFORD ASSET MANAGEMENT, LLC1 year

Service code 26 · EIN 74-2785931

Advisory (Participants)

$3,041

THE VANGUARD GROUP, INC.1 year

Service code 15 · EIN 23-1945930

Recordkeeping

$235

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$175

WILSHIRE ASSOCIATES INCORPORATED3 years

Service code 27 · EIN 95-2755361

Advisory (Plan)

COLONY CONSTRUCTION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLONY CONSTRUCTION, INC. 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