Retirement plan

COFFMAN ENGINEERS, INC. 401K PLAN & TRUST

Name: COFFMAN ENGINEERS, INC. - COFFMAN ENGINEERS, INC. 401K PLAN & TRUST (2016) Form 5500
Creator: COFFMAN ENGINEERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COFFMAN ENGINEERS, INC. 401K PLAN & TRUST, COFFMAN ENGINEERS, INC.

COFFMAN ENGINEERS, INC.EIN 91-1053429Plan #001PY 2016

1601 FIFTH AVENUE, SUITE 900 - SEATTLE, WA 981011625206-623-0717coffman.comLinkedIn501-1000 employeesdesign

Prospect flagsHigh feesHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$53.8M

No prior year

Total participants

449

No prior year

Average account balance

$122,255

No prior year

Annual return

14.62%

No prior year

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$207.10M

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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.

1,030

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+19.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 7 by compensation

Provider	Service type	Compensation
BADGLEY PHELPS & BELL INC1+ years Filed as: BADGLEY, PHELPS Service code 28 · EIN 91-0784795	Investment Management	$47,701
ZEVENBERGEN CAPITAL1+ years Service code 28 · EIN 91-1387348	Investment Management	$47,248
POLEN CAPITAL1+ years Service code 28 · EIN 13-2984374	Investment Management	$41,283
BECKER CAPITAL MANAGEMENT1+ years Filed as: BECKER Service code 28 · EIN 93-0663104	Investment Management	$35,898
RIDGEWORTH1+ years Filed as: KAYNE ANDERSON Service code 28 · EIN 95-4575414	Investment Management	$20,518
BADER MARTIN, P.S.1+ years Filed as: BADER MARTIN, PS Service code 10 · EIN 91-1501421	Accounting	$15,000
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO. Service code 15 · EIN 94-1737782	Recordkeeping	$9,870

Plan features & details

Pension benefit codes2E2G2J2K2F2S2T3D

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$210K

$572 / participant

Investment mgmt$193K91.7%
Contract admin$2K1.1%
Other / not subdivided$15K7.1%

% of EOY assets

0.390%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BADER MARTIN, P.S.
Auditor EIN: 911501421
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,255

$80,177+52.5%

$123,894-1.3%

$57,658+112.0%

Participation rate

97.5%

74.4%+23.1pp

81.4%+16.1pp

70.2%+27.3pp

Annual return

14.62%

17.90%-3.3pp

47.52%-32.9pp

5.13%+9.5pp

Employer contribution / active EE

$2,910

$2,913-0.1%

$4,617-37.0%

$1,974+47.4%

Participant deferral / active EE

$9,111

$5,130+77.6%

$5,984+52.3%

$3,061+197.7%

Admin fee / account holder

$477

$106+349.0%

$8,357-94.3%

$95+405.0%

Provider

Service type

Compensation

BADGLEY PHELPS & BELL INC1+ years

Filed as: BADGLEY, PHELPS

Service code 28 · EIN 91-0784795

Investment Management

$47,701

ZEVENBERGEN CAPITAL1+ years

Service code 28 · EIN 91-1387348

Investment Management

$47,248

POLEN CAPITAL1+ years

Service code 28 · EIN 13-2984374

Investment Management

$41,283

BECKER CAPITAL MANAGEMENT1+ years

Filed as: BECKER

Service code 28 · EIN 93-0663104

Investment Management

$35,898

RIDGEWORTH1+ years

Filed as: KAYNE ANDERSON

Service code 28 · EIN 95-4575414

Investment Management

$20,518

BADER MARTIN, P.S.1+ years

Filed as: BADER MARTIN, PS

Service code 10 · EIN 91-1501421

Accounting

$15,000

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO.

Service code 15 · EIN 94-1737782

Recordkeeping

$9,870

COFFMAN ENGINEERS, INC. 401K PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COFFMAN ENGINEERS, INC. 401K PLAN & 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