Retirement plan

ESLER COMPANIES 401(K) PLAN

Name: ESLER COMPANIES, LLC - ESLER COMPANIES 401(K) PLAN (2017) Form 5500
Creator: ESLER COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ESLER COMPANIES 401(K) PLAN, ESLER COMPANIES, LLC

ESLER COMPANIES, LLCEIN 81-4653145Plan #002PY 2017

10 RESERVOIR ROAD - SMITHFIELD, RI 02917401-450-0715

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$8.4M

No prior year

Total participants

768

No prior year

Average account balance

$11,915

No prior year

Annual return

76.20%

No prior year

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$85.04M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

2,186

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$146

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 5 by compensation

Provider	Service type	Compensation
SUMMIT FINANCIAL CORPORATION1+ years Service code 13 · EIN 02-6405960	Contract Administrator	$17,008
GRIMES & COMPANY, INC.1+ years Service code 27 110 TURNPIKE RD · WESTBOROUGH, MA 01581	Advisory (Plan)	$8,380
SWERDLIN & COMPANY1+ years Filed as: SWERDLIN NORTHEAST, LLC Service code 37 · EIN 45-1256287	Loan Processing	$4,446
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$1,956
COMMONWEALTH FINANCIAL NETWORK1+ years Service code 33 ONE UNIVERSITY PARK · WALTHAM, MA 024533483	Other fees; Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$59 / participant

Investment mgmt$28K100.0%

% of EOY assets

0.337%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,915

$60,545-80.3%

$92,240-87.1%

$69,631-82.9%

Participation rate

86.8%

72.2%+14.7pp

76.5%+10.4pp

70.7%+16.2pp

Annual return

76.20%

19.71%+56.5pp

176.29%-100.1pp

27571.02%-27494.8pp

Employer contribution / active EE

$276

$2,633-89.5%

$3,680-92.5%

$2,032-86.4%

Participant deferral / active EE

$3,472

$2,828+22.8%

$3,897-10.9%

$3,224+7.7%

Admin fee / account holder

$40

$145-72.3%

$5,194-99.2%

$110-63.7%

Provider

Service type

Compensation

SUMMIT FINANCIAL CORPORATION1+ years

Service code 13 · EIN 02-6405960

Contract Administrator

$17,008

GRIMES & COMPANY, INC.1+ years

Service code 27

110 TURNPIKE RD · WESTBOROUGH, MA 01581

Advisory (Plan)

$8,380

SWERDLIN & COMPANY1+ years

Filed as: SWERDLIN NORTHEAST, LLC

Service code 37 · EIN 45-1256287

Loan Processing

$4,446

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$1,956

COMMONWEALTH FINANCIAL NETWORK1+ years

Service code 33

ONE UNIVERSITY PARK · WALTHAM, MA 024533483

Other fees; Securities brokerage

ESLER COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ESLER COMPANIES 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