Retirement plan

HOUSLEY COMMUNICATIONS, PROFIT SHARING PLAN AND TRUST

Name: HOUSLEY COMMUNICATION, INC. - HOUSLEY COMMUNICATIONS, PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: HOUSLEY COMMUNICATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOUSLEY COMMUNICATIONS, PROFIT SHARING PLAN AND TRUST, HOUSLEY COMMUNICATION, INC.

HOUSLEY COMMUNICATION, INC.EIN 75-1899446Plan #001PY 2016

3550 S. BRYANT BOULEVARD - SAN ANGELO, TX 76903325-659-6109housleygroup.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participant contribution

Top hat statement on fileNQDC

Filed May 1, 2024

Plan administrator

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3550 S Bryant Blvd

San Angelo, TX 76903

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Plans declared (1)

Plan name not on file5 emp

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Total assets (EOY)

$10.1M

+0.3% from 2015

Total participants

252

-10.0% from 2015

Average account balance

$42,070

+14.5% from 2015

Annual return

6.81%

+8.34 pp from 2015

Benchmarks

See 150 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort150 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.21M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

233

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$420

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 3 by compensation

Provider	Service type	Compensation
PENSION ASSURANCE LLP2+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 13 · EIN 85-0402842 6201 UPTOWN BLVD. NE, SUITE 100 · ALBUQUERQUE, NM 87110	Contract Administrator	$18,246
AXA EQUITABLE LIFE INSURANCE CO1 year Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN Service code 15 · EIN 13-5570651	Recordkeeping	$1,907
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600	Recordkeeping	$1,808

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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$96 / participant

Investment mgmt$4K17.7%
Other / not subdivided$18K82.3%

% of EOY assets

0.220%

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: ARMSTRONG, BACKUS CO. LLP
Auditor EIN: 751496876
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,070

$91,051-53.8%

$88,497-52.5%

$55,167-23.7%

Participation rate

94.3%

79.5%+14.8pp

82.4%+11.9pp

69.0%+25.4pp

Annual return

6.81%

9.63%-2.8pp

7.63%-0.8pp

169.23%-162.4pp

Employer contribution / active EE

$1,196

$3,430-65.1%

$4,036-70.4%

$1,963-39.1%

Participant deferral / active EE

$1,142

$4,954-77.0%

$4,899-76.7%

$3,054-62.6%

Admin fee / account holder

$93

$539-82.8%

$6,220-98.5%

$504-81.6%

Provider

Service type

Compensation

PENSION ASSURANCE LLP2+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 13 · EIN 85-0402842

6201 UPTOWN BLVD. NE, SUITE 100 · ALBUQUERQUE, NM 87110

Contract Administrator

$18,246

AXA EQUITABLE LIFE INSURANCE CO1 year

Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN

Service code 15 · EIN 13-5570651

Recordkeeping

$1,907

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Service code 15 · EIN 01-0233346

RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600

Recordkeeping

$1,808

HOUSLEY COMMUNICATIONS, PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOUSLEY COMMUNICATIONS, PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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