Retirement plan

LUTECH RESOURCES, INC. 401(K) SAVINGS PLAN

Name: LUTECH RESOURCES, INC. - LUTECH RESOURCES, INC. 401(K) SAVINGS PLAN (2015) Form 5500
Creator: LUTECH RESOURCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUTECH RESOURCES, INC. 401(K) SAVINGS PLAN, LUTECH RESOURCES, INC.

LUTECH RESOURCES, INC.EIN 75-2903851Plan #001PY 2015

2103 RESEARCH FOREST DRIVE - THE WOODLANDS, TX 77380832-513-1476

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$8.4M

No prior year

Total participants

1,658

No prior year

Average account balance

$25,490

No prior year

Annual return

2.64%

No prior year

Benchmarks

See 297 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort297 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.01M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

204

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.

8.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$159

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

+12.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$25,398
ESLER & VANDERSCHAAFF CO., L.P.A1+ years Filed as: ESLER AND VANDERSCHAAFF CO LPA Service code 29 2912 SPRINGBORO WEST · DAYTON, OH 45439	Legal	$7,296

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$33K

$21 / participant

Other / not subdivided$33K100.0%

% of EOY assets

0.393%

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: CALVETTIFERGUSON
Auditor EIN: 134255527
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,490

$55,516-54.1%

$75,784-66.4%

$59,188-56.9%

Participation rate

14.5%

73.6%-59.1pp

75.8%-61.3pp

69.4%-54.9pp

Annual return

2.64%

-1.89%+4.5pp

9.68%-7.0pp

5.51%-2.9pp

Employer contribution / active EE

$2,604-100.0%

$3,323-100.0%

$2,098-100.0%

Participant deferral / active EE

$2,351

$2,599-9.5%

$3,652-35.6%

$3,265-28.0%

Admin fee / account holder

$100

$110-8.9%

$5,300-98.1%

$92+8.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$25,398

ESLER & VANDERSCHAAFF CO., L.P.A1+ years

Filed as: ESLER AND VANDERSCHAAFF CO LPA

Service code 29

2912 SPRINGBORO WEST · DAYTON, OH 45439

Legal

$7,296

LUTECH RESOURCES, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUTECH RESOURCES, INC. 401(K) SAVINGS 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