Retirement plan

E-MC ELECTRICAL, INC. 401(K) AND EMPLOYEES' STOCK OWNERSHIP PLAN

Name: E-MC ELECTRICAL, INC. - E-MC ELECTRICAL, INC. 401(K) AND EMPLOYEES' STOCK OWNERSHIP PLAN (2019) Form 5500
Creator: E-MC ELECTRICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E-MC ELECTRICAL, INC. 401(K) AND EMPLOYEES' STOCK OWNERSHIP PLAN, E-MC ELECTRICAL, INC.

E-MC ELECTRICAL, INC.EIN 75-2615235Plan #002PY 2019

308 E. KENNEDALE PKWY. - KENNEDALE, TX 76060817-985-0500e-mc7.comLinkedIn51-200 employeesconstruction

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

+22.1% from 2018

Total participants

109

+0.9% from 2018

Average account balance

$21,998

+22.1% from 2018

Annual return

16.31%

+24.81 pp from 2018

Benchmarks

See 15,812 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,812 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

89.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+19.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10128

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
ROGERS WEALTH GROUP, INC.4 years Service code 15 · EIN 75-2618454	Recordkeeping	$29,830
SUTTON FROST CARY LLP1 year Filed as: SUTTON FROST CARY, LLP Service code 10 · EIN 75-2593210	Accounting	$11,000
BRYAN CAVE LLP2 years Filed as: BRYAN RICE, CPA Service code 34 7 BURTON HILL · WEATHERFORD, TX 76087	Valuation (appraisals, etc.)	$7,031
TD AMERITRADE, INC.2 years Filed as: TD AMERITRADE TRUST COMPANY Service code 18	Trustee (directed); Trustee (bank, tr...	$0

Plan features & details

Pension benefit codes2E2F2H2J2K2O2Q2S2T

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$48K

$621 / participant

Investment mgmt$14K29.6%
Contract admin$15K31.9%
Other / not subdivided$19K38.4%

% of EOY assets

2.039%

all-in expense ratio

Categories reported

2 / 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: SUTTON FROST CARY, LLP
Auditor EIN: 752593210
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,998

$65,367-66.3%

$92,915-76.3%

$72,976-69.9%

Participation rate

98.7%

68.3%+30.4pp

76.0%+22.7pp

69.5%+29.2pp

Annual return

16.31%

42.11%-25.8pp

109.45%-93.1pp

81.02%-64.7pp

Employer contribution / active EE

$2,594-100.0%

$3,653-100.0%

$2,440-100.0%

Participant deferral / active EE

$2,061

$3,128-34.1%

$4,238-51.4%

$3,608-42.9%

Admin fee / account holder

$449

$4,251-89.4%

$5,796-92.3%

$5,124-91.2%

Provider

Service type

Compensation

ROGERS WEALTH GROUP, INC.4 years

Service code 15 · EIN 75-2618454

Recordkeeping

$29,830

SUTTON FROST CARY LLP1 year

Filed as: SUTTON FROST CARY, LLP

Service code 10 · EIN 75-2593210

Accounting

$11,000

BRYAN CAVE LLP2 years

Filed as: BRYAN RICE, CPA

Service code 34

7 BURTON HILL · WEATHERFORD, TX 76087

Valuation (appraisals, etc.)

$7,031

TD AMERITRADE, INC.2 years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18

Trustee (directed); Trustee (bank, tr...

E-MC ELECTRICAL, INC. 401(K) AND EMPLOYEES' STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E-MC ELECTRICAL, INC. 401(K) AND EMPLOYEES' STOCK OWNERSHIP 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