Retirement plan

OLIMAR SAND & GRAVEL, INC. 401(K) PLAN

Name: OLIMAR SAND & GRAVEL, INC. - OLIMAR SAND & GRAVEL, INC. 401(K) PLAN (2019) Form 5500
Creator: OLIMAR SAND & GRAVEL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLIMAR SAND & GRAVEL, INC. 401(K) PLAN, OLIMAR SAND & GRAVEL, INC.

OLIMAR SAND & GRAVEL, INC.EIN 65-0050867Plan #001PY 2019

6200 NW 72ND AVENUE - MIAMI, FL 33166305-477-7418LinkedIn11-50 employeespackage/freight delivery

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$576K

+65.1% from 2018

Total participants

0.0% from 2018

Average account balance

$52,321

+65.1% from 2018

Annual return

21.91%

+29.95 pp from 2018

Benchmarks

See 6,730 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,730 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$100K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2789

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 codes2E2G2J3D

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.
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

$16

$1 / participant

Other / not subdivided$16100.0%

% of EOY assets

0.003%

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

$52,321

$96,508-45.8%

$75,901-31.1%

$152,897-65.8%

Participation rate

91.7%

76.2%+15.5pp

69.3%+22.4pp

82.5%+9.2pp

Annual return

21.91%

33.99%-12.1pp

30.76%-8.8pp

345.43%-323.5pp

Employer contribution / active EE

$2,626

$3,310-20.7%

$2,501+5.0%

$4,764-44.9%

Participant deferral / active EE

$9,931

$4,554+118.1%

$3,603+175.6%

$5,851+69.7%

Admin fee / account holder

$8,081-100.0%

$5,420-100.0%

$11,599-100.0%

OLIMAR SAND & GRAVEL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLIMAR SAND & GRAVEL, 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