Retirement plan

CORNERSTONE TECHNICAL GROUP, INC. 401K PROFIT SHARING PLAN

Name: CORNERSTONE TECHNICAL GROUP, INC. - CORNERSTONE TECHNICAL GROUP, INC. 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: CORNERSTONE TECHNICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORNERSTONE TECHNICAL GROUP, INC. 401K PROFIT SHARING PLAN, CORNERSTONE TECHNICAL GROUP, INC.

CORNERSTONE TECHNICAL GROUP, INC.EIN 62-1772247Plan #001PY 2018

7105 CROSSROADS BLVD., STE. 104 - BRENTWOOD, TN 37027615-599-5080cornerstonetechnical.comLinkedIn11-50 employeesindustrial automation

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.8M

-7.5% from 2017

Total participants

+10.0% from 2017

Average account balance

$176,074

-7.5% from 2017

Annual return

-10.01%

-32.93 pp from 2017

Benchmarks

See 22,374 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,374 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.58M

Not enough data

1 years with asset history on file

Average account balance

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

$509K

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

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4629

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 codes2E2F2G2J2T3D3H

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.
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.
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

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

$22K

$2443 / participant

Other / not subdivided$22K100.0%

% of EOY assets

1.249%

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

$176,074

$135,645+29.8%

$110,243+59.7%

$135,379+30.1%

Participation rate

88.9%

83.5%+5.4pp

79.8%+9.1pp

82.6%+6.2pp

Annual return

-10.01%

513.24%-523.2pp

314.76%-324.8pp

519.79%-529.8pp

Employer contribution / active EE

$2,024

$4,907-58.7%

$3,827-47.1%

$4,779-57.6%

Participant deferral / active EE

$4,024

$5,507-26.9%

$4,672-13.9%

$5,609-28.2%

Admin fee / account holder

$2,199

$11,458-80.8%

$8,548-74.3%

$10,828-79.7%

CORNERSTONE TECHNICAL GROUP, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORNERSTONE TECHNICAL GROUP, INC. 401K 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