Retirement plan

TRC CONSTRUCTION, INC. 401(K) PLAN

Name: TRC CONSTRUCTION, INC. - TRC CONSTRUCTION, INC. 401(K) PLAN (2018) Form 5500
Creator: TRC CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRC CONSTRUCTION, INC. 401(K) PLAN, TRC CONSTRUCTION, INC.

TRC CONSTRUCTION, INC.EIN 82-0553652Plan #001PY 2018

P.O. BOX 430, 789 HWY 516 - FLORA VISTA, NM 87415505-334-8220trc-construction.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$1.9M

+16.1% from 2017

Total participants

150

+3.4% from 2017

Average account balance

$23,501

-1.5% from 2017

Annual return

-6.91%

-24.33 pp from 2017

Benchmarks

See 302 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort302 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.01M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$373K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23664

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 3 by compensation

Provider	Service type	Compensation
SECURITIES AMERICA INC1 year Filed as: SECURITIES AMERICA ADVISORS, INC. Service code 26 12325 PORT GRACE BLVD · LA VISTA, NE 681280001	Advisory (Participants)	$13,790
NEWPORT GROUP, INC.2 years Filed as: KIDDER BENEFITS CONSULTANTS, INC. Service code 15 5700 WESTOWN PARKWAY · WEST DES MOINES, IA 50266	Recordkeeping	$9,082
NATIONWIDE4+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$7,501

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$22K

$157 / participant

Investment mgmt$22K100.0%

% of EOY assets

1.192%

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: CHANDLER & COMPANY LLP
Auditor EIN: 850336896
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,501

$60,396-61.1%

$111,392-78.9%

$56,289-58.2%

Participation rate

49.6%

72.4%-22.8pp

78.9%-29.2pp

69.9%-20.2pp

Annual return

-6.91%

20.26%-27.2pp

-2.06%-4.9pp

-9.96%+3.0pp

Employer contribution / active EE

$1,312

$3,459-62.1%

$4,328-69.7%

$2,111-37.8%

Participant deferral / active EE

$2,333

$4,421-47.2%

$5,567-58.1%

$3,350-30.4%

Admin fee / account holder

$280

$610-54.1%

$12,266-97.7%

$521-46.2%

Provider

Service type

Compensation

SECURITIES AMERICA INC1 year

Filed as: SECURITIES AMERICA ADVISORS, INC.

Service code 26

12325 PORT GRACE BLVD · LA VISTA, NE 681280001

Advisory (Participants)

$13,790

NEWPORT GROUP, INC.2 years

Filed as: KIDDER BENEFITS CONSULTANTS, INC.

Service code 15

5700 WESTOWN PARKWAY · WEST DES MOINES, IA 50266

Recordkeeping

$9,082

NATIONWIDE4+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$7,501

TRC CONSTRUCTION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRC CONSTRUCTION, INC. 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