Retirement plan

ALPHA MECHANICAL PENSION PLAN AND TRUST

Name: ALPHA MECHANICAL, INC. - ALPHA MECHANICAL PENSION PLAN AND TRUST (2019) Form 5500
Creator: ALPHA MECHANICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALPHA MECHANICAL PENSION PLAN AND TRUST, ALPHA MECHANICAL, INC.

ALPHA MECHANICAL, INC.EIN 73-1696499Plan #001PY 2019

4885 GREENCRAIG LANE, SUITE 100 - SAN DIEGO, CA 921235610858-278-3500alphamechanical.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.4M

+4.3% from 2018

Total participants

174

-16.3% from 2018

Average account balance

$24,145

+6.5% from 2018

Annual return

17.34%

+24.26 pp from 2018

Benchmarks

See 15,813 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,813 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.09M

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.

106

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.

79.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$721

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT Service code 22 · EIN 33-0905143 120 VANTIS, SUITE 400 · ALISO VIEJO, CA 92656	Insurance Broker	$15,770
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 33-0472300 P.O. BOX 7877 · FORT WAYNE, IN 46802	Contract Administrator	$13,693
PENSION ASSURANCE LLP5+ years Filed as: PENSION BENEFITS UNLIMITED Service code 37 18008 SKY PARK CIRCLE, SUITE 200 · IRVINE, CA 92614	Loan Processing	$11,125
RICH BARTOL CONSULTING3 years Service code 10 · EIN 81-2829660 41500 EAGLE POINT WAY · TEMECULA, CA 92591	Accounting	$9,000

Plan features & details

Pension benefit codes2A2E2F2G2J3D3H

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$34K

$420 / participant

Other / not subdivided$34K100.0%

% of EOY assets

0.992%

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: RICH BARTOL CONSULTING
Auditor EIN: 812829660
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,145

$65,364-63.1%

$92,909-74.0%

$72,975-66.9%

Participation rate

60.5%

68.3%-7.8pp

76.0%-15.5pp

69.5%-9.0pp

Annual return

17.34%

42.11%-24.8pp

109.44%-92.1pp

81.01%-63.7pp

Employer contribution / active EE

$5,870

$2,594+126.3%

$3,653+60.7%

$2,440+140.6%

Participant deferral / active EE

$1,235

$3,128-60.5%

$4,238-70.9%

$3,608-65.8%

Admin fee / account holder

$240

$4,251-94.4%

$5,795-95.9%

$5,124-95.3%

Provider

Service type

Compensation

NFP RETIREMENT INC2 years

Filed as: NFP RETIREMENT

Service code 22 · EIN 33-0905143

120 VANTIS, SUITE 400 · ALISO VIEJO, CA 92656

Insurance Broker

$15,770

LINCOLN NATIONAL CORPORATION5+ years

Service code 13 · EIN 33-0472300

P.O. BOX 7877 · FORT WAYNE, IN 46802

Contract Administrator

$13,693

PENSION ASSURANCE LLP5+ years

Filed as: PENSION BENEFITS UNLIMITED

Service code 37

18008 SKY PARK CIRCLE, SUITE 200 · IRVINE, CA 92614

Loan Processing

$11,125

RICH BARTOL CONSULTING3 years

Service code 10 · EIN 81-2829660

41500 EAGLE POINT WAY · TEMECULA, CA 92591

Accounting

$9,000

ALPHA MECHANICAL PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALPHA MECHANICAL PENSION PLAN AND TRUST

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