Retirement plan

RANDLES ELECTRIC SERVICE COMPANY, INC. 401(K) PLAN

Name: RANDLES ELECTRIC SERVICE COMPANY, INC. - RANDLES ELECTRIC SERVICE COMPANY, INC. 401(K) PLAN (2017) Form 5500
Creator: RANDLES ELECTRIC SERVICE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RANDLES ELECTRIC SERVICE COMPANY, INC. 401(K) PLAN, RANDLES ELECTRIC SERVICE COMPANY, INC.

RANDLES ELECTRIC SERVICE COMPANY, INC.EIN 75-1746756Plan #001PY 2017

2216 MONEDA AVE. - HALTOM CITY, TX 76117817-831-9593randleselectricservicecoinc.netLinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$605K

-28.5% from 2016

Total participants

+10.0% from 2016

Average account balance

$75,658

-19.6% from 2016

Annual return

10.57%

+2.42 pp from 2016

Benchmarks

See 37,229 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,229 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$316K

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$116597

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

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

$370K

$37010 / participant

Other / not subdivided$370K100.0%

% of EOY assets

61.146%

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

$75,658

$106,008-28.6%

$92,240-18.0%

$147,586-48.7%

Participation rate

70.0%

80.4%-10.4pp

76.5%-6.5pp

82.8%-12.8pp

Annual return

10.57%

50.05%-39.5pp

176.29%-165.7pp

578.59%-568.0pp

Employer contribution / active EE

$771

$4,333-82.2%

$3,680-79.0%

$4,876-84.2%

Participant deferral / active EE

$3,086

$4,478-31.1%

$3,897-20.8%

$5,439-43.3%

Admin fee / account holder

$46,262

$6,333+630.5%

$5,194+790.7%

$10,886+325.0%

RANDLES ELECTRIC SERVICE COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RANDLES ELECTRIC SERVICE COMPANY, 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