Retirement plan

CONSTRUCTORS, INCORPORATED 401(K) PLAN

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

CONSTRUCTORS, INCORPORATEDEIN 85-0135619Plan #001PY 2019

3003 S. BOYD DRIVE - CARLSBAD, NM 88220575-885-8838ciconstructors.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsLow participationLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.8M

-0.6% from 2018

Total participants

282

+4.4% from 2018

Average account balance

$24,376

-5.1% from 2018

Annual return

0.81%

-7.32 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$10.59M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

304

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.

62.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$959K

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$240

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

See the 9-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 PO BOX 7564 · FORT WASHINGTON, PA 190347654	Contract Administrator	$21,641
PENSION ASSURANCE LLP4+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 13 · EIN 85-0402842 6201 UPTOWN BLVD NE, SUITE 100 · ALBUQUERQUE, NM 87110	Contract Administrator	$4,760
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$728
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$500

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$26K

$146 / participant

Contract admin$26K100.0%

% of EOY assets

0.540%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARR, RIGGS & INGRAM, LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,376

$63,114-61.4%

$92,893-73.8%

$65,185-62.6%

Participation rate

52.0%

68.8%-16.8pp

76.0%-24.0pp

70.2%-18.2pp

Annual return

0.81%

28.75%-27.9pp

109.41%-108.6pp

29.38%-28.6pp

Employer contribution / active EE

$1,006

$2,571-60.8%

$3,653-72.4%

$2,177-53.8%

Participant deferral / active EE

$1,346

$3,108-56.7%

$4,236-68.2%

$3,514-61.7%

Admin fee / account holder

$132

$624-78.9%

$5,794-97.7%

$847-84.5%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3 years

Service code 13 · EIN 35-1140070

PO BOX 7564 · FORT WASHINGTON, PA 190347654

Contract Administrator

$21,641

PENSION ASSURANCE LLP4+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 13 · EIN 85-0402842

6201 UPTOWN BLVD NE, SUITE 100 · ALBUQUERQUE, NM 87110

Contract Administrator

$4,760

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$728

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$500

CONSTRUCTORS, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSTRUCTORS, INCORPORATED 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