Retirement plan

KLAASMEYER CONSTRUCTION CO INC 401K PLAN

Name: KLAASMEYER CONSTRUCTION COMPANY INC - KLAASMEYER CONSTRUCTION CO INC 401K PLAN (2015) Form 5500
Creator: KLAASMEYER CONSTRUCTION COMPANY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KLAASMEYER CONSTRUCTION CO INC 401K PLAN, KLAASMEYER CONSTRUCTION COMPANY INC

KLAASMEYER CONSTRUCTION COMPANY INCEIN 71-0456095Plan #001PY 2015

P O BOX 847 - CONWAY, AR 72032800-527-1489klaasmeyer.comLinkedIn1-10 employees

Prospect flagsLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

No prior year

Total participants

112

No prior year

Average account balance

$21,986

No prior year

Annual return

-1.66%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.33M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

176

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.

86.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+10.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$406

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 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,817
STEPHENS INC1+ years Service code 55 111 CENTER ST · LITTLE ROCK, AR 72201	Other Commissions	$4,008
WUNDERLICH SECURITIES, INC.1+ years Filed as: WUNDERLICH SECURITIES, INC Service code 55	Other Commissions	$2,454
PENSION PLAN ADMINISTRATION, LLC1+ years Service code 13	Contract Administrator	$610
PENSION PLAN ADMINISTRATION, LLC1+ years Filed as: PENSION PLAN ADMINISTRATION LLC Service code 13 · EIN 71-0816002 200 LOUISIANA · LITTLE ROCK, AR 72201	Contract Administrator	$100
WUNDERLICH SECURITIES, INC.1+ years Service code 55 600 POPLAR AVE · MEMPHIS, TN 38119	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$150

$1 / participant

Contract admin$150100.0%

% of EOY assets

0.006%

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: BROWN, ROGERS AND COMPANY PA
Auditor EIN: 710525335
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,986

$50,464-56.4%

$75,784-71.0%

$52,331-58.0%

Participation rate

97.2%

66.8%+30.4pp

75.8%+21.3pp

68.1%+29.1pp

Annual return

-1.66%

1.03%-2.7pp

9.68%-11.3pp

4.54%-6.2pp

Employer contribution / active EE

$5,416

$1,988+172.4%

$3,323+63.0%

$1,882+187.8%

Participant deferral / active EE

$2,290

$2,570-10.9%

$3,652-37.3%

$3,022-24.2%

Admin fee / account holder

$1,103-99.9%

$5,300-100.0%

$592-99.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,817

STEPHENS INC1+ years

Service code 55

111 CENTER ST · LITTLE ROCK, AR 72201

Other Commissions

$4,008

WUNDERLICH SECURITIES, INC.1+ years

Filed as: WUNDERLICH SECURITIES, INC

Service code 55

Other Commissions

$2,454

PENSION PLAN ADMINISTRATION, LLC1+ years

Service code 13

Contract Administrator

$610

PENSION PLAN ADMINISTRATION, LLC1+ years

Filed as: PENSION PLAN ADMINISTRATION LLC

Service code 13 · EIN 71-0816002

200 LOUISIANA · LITTLE ROCK, AR 72201

Contract Administrator

$100

WUNDERLICH SECURITIES, INC.1+ years

Service code 55

600 POPLAR AVE · MEMPHIS, TN 38119

Other Commissions

KLAASMEYER CONSTRUCTION CO INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KLAASMEYER CONSTRUCTION CO INC 401K 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