Retirement plan

WEBB CONCRETE AND BUILDING MATERIALS

Name: WEBB CONCRETE AND BUILDING MATERIALS - WEBB CONCRETE AND BUILDING MATERIALS (2015) Form 5500
Creator: WEBB CONCRETE AND BUILDING MATERIALS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEBB CONCRETE AND BUILDING MATERIALS, WEBB CONCRETE AND BUILDING MATERIALS

WEBB CONCRETE AND BUILDING MATERIALSEIN 63-0790397Plan #001PY 2015

64 HUNNICUTT STREET - HEFLIN, AL 36264256-463-2195webbconcrete.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow participationCorrective distributions

Top hat statement on fileNQDC

Filed August 18, 2020

Plan administrator

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P.O. Box 35

Heflin, AL 36264

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Plans declared (1)

Nonqualified Deferred Compensation Plan for the benefit of Phillip Stuart1 emp

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How to read this page

Total assets (EOY)

$2M

No prior year

Total participants

106

No prior year

Average account balance

$26,028

No prior year

Annual return

-1.72%

No prior year

Benchmarks

See 8,867 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort8,867 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.61M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

61.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$416K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6672

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
REGIONS BANK1+ years Service code 52 1901 SIXTH AVE N 4TH FL · BIRMINGHAM, AL 35203	Indirect Investment Fees	$14,548
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$13,484

Plan features & details

Pension benefit codes2E2G2J2K3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$211 / participant

Contract admin$19K100.0%

% of EOY assets

0.950%

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: BLACK AND PINCKARD, LLC
Auditor EIN: 260079381
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,028

$45,566-42.9%

$64,105-59.4%

$59,633-56.4%

Participation rate

64.8%

60.2%+4.6pp

68.2%-3.4pp

68.7%-3.9pp

Annual return

-1.72%

4.95%-6.7pp

791.24%-793.0pp

2041.40%-2043.1pp

Employer contribution / active EE

$408

$934-56.3%

$1,820-77.6%

$2,203-81.5%

Participant deferral / active EE

$2,167

$2,057+5.3%

$2,822-23.2%

$3,192-32.1%

Admin fee / account holder

$247

$3,268-92.4%

$4,499-94.5%

$4,297-94.2%

Provider

Service type

Compensation

REGIONS BANK1+ years

Service code 52

1901 SIXTH AVE N 4TH FL · BIRMINGHAM, AL 35203

Indirect Investment Fees

$14,548

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$13,484

WEBB CONCRETE AND BUILDING MATERIALS

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEBB CONCRETE AND BUILDING MATERIALS

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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