Retirement plan

REIMAN CORP RETIREMENT & PROFIT SHARING PLAN

Name: REIMAN CORP - REIMAN CORP RETIREMENT & PROFIT SHARING PLAN (2017) Form 5500
Creator: REIMAN CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REIMAN CORP RETIREMENT & PROFIT SHARING PLAN, REIMAN CORP

REIMAN CORPEIN 83-0164081Plan #002PY 2017

2400 WEST COLLEGE DR - CHEYENNE, WY 82003307-632-8971reimancorp.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.1M

+7.7% from 2016

Total participants

165

-65.2% from 2016

Average account balance

$93,989

+226.1% from 2016

Annual return

14.05%

+8.41 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.71M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

128

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.

156.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$554K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32575

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 1 by compensation

Provider	Service type	Compensation
HK FINANCIAL SERVICES3+ years Service code 15 · EIN 42-1447865	Recordkeeping	$73,436

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$109K

$971 / participant

Other / not subdivided$109K100.0%

% of EOY assets

0.771%

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: MCGEE, HEARNE & PAIZ, LLP
Auditor EIN: 830331229
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,989

$58,726+60.0%

$92,240+1.9%

$62,293+50.9%

Participation rate

86.6%

68.3%+18.3pp

76.5%+10.1pp

69.5%+17.1pp

Annual return

14.05%

43.62%-29.6pp

176.29%-162.2pp

28.90%-14.8pp

Employer contribution / active EE

$2,033

$2,392-15.0%

$3,680-44.7%

$2,042-0.4%

Participant deferral / active EE

$2,674

$2,766-3.3%

$3,897-31.4%

$3,169-15.6%

Admin fee / account holder

$725

$556+30.2%

$5,194-86.0%

$479+51.2%

Provider

Service type

Compensation

HK FINANCIAL SERVICES3+ years

Service code 15 · EIN 42-1447865

Recordkeeping

$73,436

REIMAN CORP RETIREMENT & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REIMAN CORP RETIREMENT & PROFIT SHARING 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