Retirement plan

YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST

Name: YOUNG ELECTRIC SIGN COMPANY - YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST (2017) Form 5500
Creator: YOUNG ELECTRIC SIGN COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST, YOUNG ELECTRIC SIGN COMPANY

YOUNG ELECTRIC SIGN COMPANYEIN 87-0212261Plan #001PY 2017

2401 FOOTHILL DRIVE - SALT LAKE CITY, UT 84109801-464-4600

Prospect flagsLow employer contribution

Top hat statement on fileNQDC

Filed September 29, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$57.2M

+19.9% from 2015

Total participants

1,215

+3.8% from 2015

Average account balance

$47,563

+14.9% from 2015

Annual return

15.49%

+14.89 pp from 2015

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.32M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

1,227

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$126

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

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393	Recordkeeping	$64,013
ANDCO CONSULTING1 year Filed as: ANDCO CONSULTING, LLC Service code 27 · EIN 59-3676225	Advisory (Plan)	$45,967
B HANSEN CONSTRUCTION INC.1 year Service code 49 · EIN 87-0429298	Other Services	$40,425
NEWMARK GRUBB ACRES1 year Service code 32 · EIN 20-4058114	Real estate brokerage	$14,873
MORETON & COMPANY1 year Service code 23 · EIN 87-0218394	Insurance brokerage commissions and f...	$14,028
DAVID LLOYD, INC.1 year Service code 49 · EIN 87-0550417	Other Services	$13,004
THE COOK GROUP3+ years Service code 34 · EIN 87-0514358	Valuation (appraisals, etc.)	$9,620
CITY INVESTMENT3+ years Service code 32 · EIN 87-0451674	Real estate brokerage	$9,231
MAJESTIC FLOORING1 year Service code 49 · EIN 26-3117754	Other Services	$6,708
NAI EXCEL1 year Service code 32 · EIN 26-3996556	Real estate brokerage	$5,797

Plan features & details

Pension benefit codes2E2J2H2K3D2F2S2T2R3F

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$253K

$304 / participant

Other / not subdivided$253K100.0%

% of EOY assets

0.442%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HANSEN, BRADSHAW, MALMROSE & ERICKS
Auditor EIN: 870367930
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,563

$69,305-31.4%

$82,313-42.2%

$69,631-31.7%

Participation rate

98.4%

80.3%+18.2pp

76.9%+21.5pp

70.7%+27.7pp

Annual return

15.49%

21.47%-6.0pp

25.88%-10.4pp

27571.02%-27555.5pp

Employer contribution / active EE

$1,887-99.7%

$2,428-99.8%

$2,032-99.7%

Participant deferral / active EE

$3,126

$3,568-12.4%

$3,706-15.7%

$3,224-3.0%

Admin fee / account holder

$210

$97+116.5%

$5,608-96.2%

$110+90.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$64,013

ANDCO CONSULTING1 year

Filed as: ANDCO CONSULTING, LLC

Service code 27 · EIN 59-3676225

Advisory (Plan)

$45,967

B HANSEN CONSTRUCTION INC.1 year

Service code 49 · EIN 87-0429298

Other Services

$40,425

NEWMARK GRUBB ACRES1 year

Service code 32 · EIN 20-4058114

Real estate brokerage

$14,873

MORETON & COMPANY1 year

Service code 23 · EIN 87-0218394

Insurance brokerage commissions and f...

$14,028

DAVID LLOYD, INC.1 year

Service code 49 · EIN 87-0550417

Other Services

$13,004

THE COOK GROUP3+ years

Service code 34 · EIN 87-0514358

Valuation (appraisals, etc.)

$9,620

CITY INVESTMENT3+ years

Service code 32 · EIN 87-0451674

Real estate brokerage

$9,231

MAJESTIC FLOORING1 year

Service code 49 · EIN 26-3117754

Other Services

$6,708

NAI EXCEL1 year

Service code 32 · EIN 26-3996556

Real estate brokerage

$5,797

YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST

Top hat statement on fileNQDC

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