Retirement plan

CON-FAB CALIFORNIA LLC 401(K) PLAN

Name: CON-FAB CALIFORNIA LLC - CON-FAB CALIFORNIA LLC 401(K) PLAN (2019) Form 5500
Creator: CON-FAB CALIFORNIA LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CON-FAB CALIFORNIA LLC 401(K) PLAN, CON-FAB CALIFORNIA LLC

CON-FAB CALIFORNIA LLCEIN 81-3626722Plan #001PY 2019

1910 E LATHROP ROAD - LATHROP, CA 953300000209-249-4700LinkedIn11-50 employeescivil engineering

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$2.2M

+26.3% from 2018

Total participants

122

+0.8% from 2018

Average account balance

$27,891

+18.2% from 2018

Annual return

6.61%

-1.89 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.29M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

70.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$443K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10263

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

Top 2 by compensation

Provider	Service type	Compensation
KORNERSTONE, INC.1 year Filed as: KORNERSTONE INC DBA Service code 27 PO BOX 6189 · CHICO, CA 95927	Advisory (Plan)	$8,498
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SER Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$6,385

Plan features & details

Pension benefit codes2G2J2K3D

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$141 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.686%

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: BFBA LLP
Auditor EIN: 680000424
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,891

$66,319-57.9%

$93,621-70.2%

$65,185-57.2%

Participation rate

58.5%

74.0%-15.5pp

75.8%-17.3pp

70.2%-11.7pp

Annual return

6.61%

42.59%-36.0pp

32.76%-26.2pp

29.38%-22.8pp

Employer contribution / active EE

$1,377

$2,013-31.6%

$2,719-49.3%

$2,177-36.7%

Participant deferral / active EE

$1,970

$3,343-41.1%

$4,070-51.6%

$3,514-43.9%

Admin fee / account holder

$191

$6,900-97.2%

$7,890-97.6%

$847-77.4%

Provider

Service type

Compensation

KORNERSTONE, INC.1 year

Filed as: KORNERSTONE INC DBA

Service code 27

PO BOX 6189 · CHICO, CA 95927

Advisory (Plan)

$8,498

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SER

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$6,385

CON-FAB CALIFORNIA LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CON-FAB CALIFORNIA LLC 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