Retirement plan

LOCKE ROOFING & WATERPROOFING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: LOCKE ROOFING & WATERPROOFING, INC. - LOCKE ROOFING & WATERPROOFING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2020) Form 5500
Creator: LOCKE ROOFING & WATERPROOFING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCKE ROOFING & WATERPROOFING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, LOCKE ROOFING & WATERPROOFING, INC.

LOCKE ROOFING & WATERPROOFING, INC.EIN 86-0897631Plan #001PY 2020

3872 E. 34TH ST - TUCSON, AZ 85713520-884-1288

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$631K

-14.6% from 2019

Total participants

+13.6% from 2019

Average account balance

$26,301

-32.4% from 2019

Annual return

-37.18%

-37.18 pp from 2019

Benchmarks

See 42,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,037 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

-9.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$218

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$645 / participant

Other / not subdivided$15K100.0%

% of EOY assets

2.451%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,301

$115,810-77.3%

$101,271-74.0%

$158,966-83.5%

Participation rate

95.8%

79.4%+16.5pp

75.8%+20.0pp

82.0%+13.9pp

Annual return

-37.18%

56.15%-93.3pp

46.48%-83.7pp

302.95%-340.1pp

Employer contribution / active EE

$6,962

$4,175+66.7%

$3,660+90.2%

$4,762+46.2%

Participant deferral / active EE

$4,958-100.0%

$4,371-100.0%

$5,983-100.0%

Admin fee / account holder

$645

$7,248-91.1%

$5,948-89.2%

$11,250-94.3%

LOCKE ROOFING & WATERPROOFING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCKE ROOFING & WATERPROOFING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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