Retirement plan

FAIRWAY LAWNS, INC. 401(K) PROFIT SHARING PLAN

Name: FAIRWAY LAWNS, INC. - FAIRWAY LAWNS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: FAIRWAY LAWNS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAIRWAY LAWNS, INC. 401(K) PROFIT SHARING PLAN, FAIRWAY LAWNS, INC.

FAIRWAY LAWNS, INC.EIN 71-0516310Plan #001PY 2017

P.O. BOX 55900 - LITTLE ROCK, AR 72215501-217-9100

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.4M

+22.5% from 2016

Total participants

120

+0.8% from 2016

Average account balance

$62,114

+20.4% from 2016

Annual return

17.20%

+12.68 pp from 2016

Benchmarks

See 3,723 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,723 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.25M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

518

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.

35.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.29M

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

+28.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$114

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$40,312
ARVEST ASSET MANAGEMENT1 year Filed as: ARVEST WEALTH MANAGEMENT Service code 27 921 W. MONROE AVE. · LOWELL, AR 72745	Advisory (Plan)	$25,816
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SPECIALITS, LTD. Service code 15	Recordkeeping	$5,706
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SPECIALISTS, LTD. Service code 15 · EIN 36-3592542 10501 NORTH SECOND STREET · MACHESNEY PARK, IL 61115	Recordkeeping	$5,493

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$3K

$30 / participant

Contract admin$3K100.0%

% of EOY assets

0.040%

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: LITTLE, SHANEYFELT, MARSHALL & CO.
Auditor EIN: 710804806
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,114

$47,848+29.8%

$81,478-23.8%

$70,131-11.4%

Participation rate

99.0%

58.3%+40.7pp

68.0%+31.0pp

69.5%+29.4pp

Annual return

17.20%

27.25%-10.0pp

38.78%-21.6pp

73.14%-55.9pp

Employer contribution / active EE

$2,041

$1,527+33.6%

$2,568-20.5%

$2,342-12.9%

Participant deferral / active EE

$3,428

$2,453+39.7%

$3,537-3.1%

$3,332+2.9%

Admin fee / account holder

$25

$3,145-99.2%

$4,561-99.5%

$4,645-99.5%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$40,312

ARVEST ASSET MANAGEMENT1 year

Filed as: ARVEST WEALTH MANAGEMENT

Service code 27

921 W. MONROE AVE. · LOWELL, AR 72745

Advisory (Plan)

$25,816

PENSION ASSURANCE LLP1 year

Filed as: THE PENSION SPECIALITS, LTD.

Service code 15

Recordkeeping

$5,706

PENSION ASSURANCE LLP1 year

Filed as: THE PENSION SPECIALISTS, LTD.

Service code 15 · EIN 36-3592542

10501 NORTH SECOND STREET · MACHESNEY PARK, IL 61115

Recordkeeping

$5,493

FAIRWAY LAWNS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAIRWAY LAWNS, INC. 401(K) 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