Retirement plan

WARREN PAVING INC. SAVINGS & PROFIT SHARING PLAN

Name: WARREN PAVING, INC. - WARREN PAVING INC. SAVINGS & PROFIT SHARING PLAN (2016) Form 5500
Creator: WARREN PAVING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARREN PAVING INC. SAVINGS & PROFIT SHARING PLAN, WARREN PAVING, INC.

WARREN PAVING, INC.EIN 64-0510267Plan #001PY 2016

562 ELKS LAKE ROAD - HATTIESBURG, MS 39403601-544-7811warrenpaving.comLinkedIn201-500 employeesconstruction

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$5.6M

No prior year

Total participants

159

No prior year

Average account balance

$41,474

No prior year

Annual return

5.47%

No prior year

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

$11.52M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

202

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.

61.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

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

+26.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
HANCOCK WHITNEY BANK1+ years Filed as: HANCOCK BANK Service code 15 · EIN 64-0169065	Recordkeeping	$5,751
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009	Securities Custodian	$2,999
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$6K

$41 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.102%

all-in expense ratio

Categories reported

0 / 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: TOPP MCWHORTER HARVEY, PLLC
Auditor EIN: 205857627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,474

$52,884-21.6%

$84,753-51.1%

$55,167-24.8%

Participation rate

83.8%

67.5%+16.3pp

76.6%+7.2pp

69.0%+14.8pp

Annual return

5.47%

18.03%-12.6pp

22.78%-17.3pp

169.23%-163.8pp

Employer contribution / active EE

$6,947

$2,233+211.0%

$3,574+94.3%

$1,963+254.0%

Participant deferral / active EE

$1,833

$2,644-30.7%

$3,712-50.6%

$3,054-40.0%

Admin fee / account holder

$42

$581-92.7%

$5,333-99.2%

$504-91.6%

Provider

Service type

Compensation

HANCOCK WHITNEY BANK1+ years

Filed as: HANCOCK BANK

Service code 15 · EIN 64-0169065

Recordkeeping

$5,751

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19 · EIN 42-1558009

Securities Custodian

$2,999

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

WARREN PAVING INC. SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARREN PAVING INC. SAVINGS & 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