Retirement plan

LYDICK-HOOKS OF MIDLAND SAVINGS AND RETIREMENT PLAN

Name: LYDICK-HOOKS ROOFING COMPANY OF MIDLAND, INC. - LYDICK-HOOKS OF MIDLAND SAVINGS AND RETIREMENT PLAN (2018) Form 5500
Creator: LYDICK-HOOKS ROOFING COMPANY OF MIDLAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYDICK-HOOKS OF MIDLAND SAVINGS AND RETIREMENT PLAN, LYDICK-HOOKS ROOFING COMPANY OF MIDLAND, INC.

LYDICK-HOOKS ROOFING COMPANY OF MIDLAND, INC.EIN 75-1011445Plan #001PY 2018

2131 MARKET STREET - MIDLAND, TX 79703432-520-7718LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+3.4% from 2017

Total participants

0.0% from 2017

Average account balance

$74,139

+3.4% from 2017

Annual return

6.57%

+0.17 pp from 2017

Benchmarks

See 15,016 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,016 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.74M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

126.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$163

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4533

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$143K

$5094 / participant

Other / not subdivided$143K100.0%

% of EOY assets

6.205%

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

$74,139

$57,352+29.3%

$83,830-11.6%

$64,173+15.5%

Participation rate

100.0%

68.6%+31.4pp

76.1%+23.9pp

69.6%+30.4pp

Annual return

6.57%

11.38%-4.8pp

850.97%-844.4pp

7.63%-1.1pp

Employer contribution / active EE

$714

$2,546-71.9%

$3,631-80.3%

$2,381-70.0%

Participant deferral / active EE

$1,441

$2,993-51.9%

$4,082-64.7%

$3,470-58.5%

Admin fee / account holder

$4,601

$4,046+13.7%

$5,479-16.0%

$4,887-5.9%

LYDICK-HOOKS OF MIDLAND SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LYDICK-HOOKS OF MIDLAND SAVINGS AND RETIREMENT 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