Retirement plan

SUNTEC CONCRETE, INC. 401(K) PROFIT SHARING PLAN

Name: SUNTEC CONCRETE, INC. - SUNTEC CONCRETE, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SUNTEC CONCRETE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUNTEC CONCRETE, INC. 401(K) PROFIT SHARING PLAN, SUNTEC CONCRETE, INC.

SUNTEC CONCRETE, INC.EIN 86-0864047Plan #001PY 2017

23751 N. 23RD AVE., #175 - PHOENIX, AZ 85085602-997-0937suntecconcrete.comLinkedIn1001-5000 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$66.8M

+26.2% from 2016

Total participants

826

-5.4% from 2016

Average account balance

$82,409

+19.8% from 2016

Annual return

15.87%

+8.00 pp from 2016

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

$156.04M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

1,828

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$133,461
AXA EQUITABLE LIFE INSURANCE CO3+ years Filed as: AXA DISTRIBUTION HOLDING CORP Service code 27 · EIN 13-4078005	Advisory (Plan)	$63,144
MATTHEWS, GOLD, KENNEDY & SNOW, INC3+ years Service code 49 · EIN 86-1001235 6530 N. 16TH STREET · PHOENIX, AZ 85016	Other Services	$24,079
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$144K

$233 / participant

Contract admin$144K100.0%

% of EOY assets

0.216%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: MANSPERGER, PATTERSON & MCMULLIN
Auditor EIN: 860751928
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,409

$60,545+36.1%

$92,240-10.7%

$69,631+18.4%

Participation rate

97.6%

72.2%+25.4pp

76.5%+21.1pp

70.7%+26.9pp

Annual return

15.87%

19.71%-3.8pp

176.29%-160.4pp

27571.02%-27555.1pp

Employer contribution / active EE

$9,497

$2,633+260.7%

$3,680+158.1%

$2,032+367.4%

Participant deferral / active EE

$3,643

$2,828+28.8%

$3,897-6.5%

$3,224+13.0%

Admin fee / account holder

$178

$145+22.8%

$5,194-96.6%

$110+61.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$133,461

AXA EQUITABLE LIFE INSURANCE CO3+ years

Filed as: AXA DISTRIBUTION HOLDING CORP

Service code 27 · EIN 13-4078005

Advisory (Plan)

$63,144

MATTHEWS, GOLD, KENNEDY & SNOW, INC3+ years

Service code 49 · EIN 86-1001235

6530 N. 16TH STREET · PHOENIX, AZ 85016

Other Services

$24,079

WILSHIRE ASSOCIATES INCORPORATED3+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

SUNTEC CONCRETE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUNTEC CONCRETE, INC. 401(K) 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