Retirement plan

NESBITT CONTRACTING CO./CENTURY MATERIALS, INC. EMPLOYEE SAVINGS PLAN

Name: NESBITT CONTRACTING CO., INC. - NESBITT CONTRACTING CO./CENTURY MATERIALS, INC. EMPLOYEE SAVINGS PLAN (2018) Form 5500
Creator: NESBITT CONTRACTING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NESBITT CONTRACTING CO./CENTURY MATERIALS, INC. EMPLOYEE SAVINGS PLAN, NESBITT CONTRACTING CO., INC.

NESBITT CONTRACTING CO., INC.EIN 86-0174401Plan #001PY 2018

100 S PRICE RD - TEMPE, AZ 85281480-423-7600nesbitts.comLinkedIn51-200 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.9M

+1.5% from 2017

Total participants

116

+4.5% from 2017

Average account balance

$64,371

-3.2% from 2017

Annual return

-2.78%

-21.00 pp from 2017

Benchmarks

See 15,018 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,018 peers

Snapshot2018

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$12.08M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

100

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.

108.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$665K

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

+12.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5360

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP4+ years Service code 12 · EIN 93-1253576	Recordkeeping and information managem...	$29,681

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$3K

$39 / participant

Contract admin$3K100.0%

% of EOY assets

0.046%

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: HENRY & HORNE, LLP
Auditor EIN: 860133881
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,371

$57,354+12.2%

$83,848-23.2%

$64,186+0.3%

Participation rate

89.0%

68.6%+20.4pp

76.1%+12.9pp

69.6%+19.5pp

Annual return

-2.78%

11.38%-14.2pp

850.88%-853.7pp

7.63%-10.4pp

Employer contribution / active EE

$1,711

$2,545-32.8%

$3,631-52.9%

$2,381-28.2%

Participant deferral / active EE

$3,921

$2,993+31.0%

$4,082-3.9%

$3,470+13.0%

Admin fee / account holder

$30

$4,046-99.3%

$5,478-99.5%

$4,888-99.4%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP4+ years

Service code 12 · EIN 93-1253576

Recordkeeping and information managem...

$29,681

NESBITT CONTRACTING CO./CENTURY MATERIALS, INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NESBITT CONTRACTING CO./CENTURY MATERIALS, INC. EMPLOYEE SAVINGS 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