Retirement plan

FRANZ CONSTRUCTION, INC. RETIREMENT PLAN

Name: FRANZ CONSTRUCTION, INC. - FRANZ CONSTRUCTION, INC. RETIREMENT PLAN (2016) Form 5500
Creator: FRANZ CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANZ CONSTRUCTION, INC. RETIREMENT PLAN, FRANZ CONSTRUCTION, INC.

FRANZ CONSTRUCTION, INC.EIN 81-0419247Plan #001PY 2016

P.O. BOX 1046 - SIDNEY, MT 592701046406-482-4760LinkedIn51-200 employeesconstruction

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$6.9M

No prior year

Total participants

163

No prior year

Average account balance

$43,001

No prior year

Annual return

7.85%

No prior year

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.92M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

153

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+21.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$483

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
CHMS1+ years Service code 10 · EIN 81-0415266 PO BOX 1046 · SIDNEY, MT 592701046	Accounting	$10,995
ALLIANCE BENEFIT GROUP1+ years Service code 10 · EIN 87-0364490 3200 SOUTH 700 EAST · SALT LAKE CITY, UT 84106	Accounting	$2,495

Plan features & details

Pension benefit codes2A2E2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$14K

$235 / participant

Contract admin$3K22.1%
Other / not subdivided$11K77.9%

% of EOY assets

0.204%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,001

$56,894-24.4%

$84,753-49.3%

$62,881-31.6%

Participation rate

96.7%

68.5%+28.1pp

76.6%+20.1pp

69.3%+27.4pp

Annual return

7.85%

6.30%+1.5pp

22.78%-14.9pp

20.14%-12.3pp

Employer contribution / active EE

$1,247

$2,400-48.1%

$3,574-65.1%

$2,281-45.3%

Participant deferral / active EE

$2,709-100.0%

$3,712-100.0%

$3,203-100.0%

Admin fee / account holder

$88

$3,581-97.6%

$5,333-98.4%

$4,296-98.0%

Provider

Service type

Compensation

CHMS1+ years

Service code 10 · EIN 81-0415266

PO BOX 1046 · SIDNEY, MT 592701046

Accounting

$10,995

ALLIANCE BENEFIT GROUP1+ years

Service code 10 · EIN 87-0364490

3200 SOUTH 700 EAST · SALT LAKE CITY, UT 84106

Accounting

$2,495

FRANZ CONSTRUCTION, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANZ CONSTRUCTION, INC. 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