Retirement plan

WARREN PAVING, INC. SAVINGS & PROFIT SHARING PLAN

Name: WARREN PAVING, INC. - WARREN PAVING, INC. SAVINGS & PROFIT SHARING PLAN (2017) 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 2017

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

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$7.1M

+26.0% from 2016

Total participants

178

+11.9% from 2016

Average account balance

$44,982

+8.5% from 2016

Annual return

10.01%

+4.53 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.54M

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.

191

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$371

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 2 by compensation

Provider	Service type	Compensation
HANCOCK WHITNEY BANK2+ years Filed as: HANCOCK BANK Service code 15 · EIN 64-0169065	Recordkeeping	$8,823
CHARLES SCHWAB & CO., INC.2+ 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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$9K

$57 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.124%

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

$44,982

$58,726-23.4%

$92,239-51.2%

$62,293-27.8%

Participation rate

87.1%

68.3%+18.8pp

76.5%+10.6pp

69.5%+17.6pp

Annual return

10.01%

43.62%-33.6pp

176.29%-166.3pp

28.90%-18.9pp

Employer contribution / active EE

$8,600

$2,392+259.6%

$3,680+133.7%

$2,042+321.1%

Participant deferral / active EE

$2,052

$2,766-25.8%

$3,897-47.4%

$3,169-35.3%

Admin fee / account holder

$56

$556-90.0%

$5,194-98.9%

$479-88.4%

Provider

Service type

Compensation

HANCOCK WHITNEY BANK2+ years

Filed as: HANCOCK BANK

Service code 15 · EIN 64-0169065

Recordkeeping

$8,823

CHARLES SCHWAB & CO., INC.2+ 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