Retirement plan

MERLINO COMPANIES PROFIT SHARING 401(K) PLAN

Name: GARY MERLINO CONSTRUCTION COMPANY, INC. - MERLINO COMPANIES PROFIT SHARING 401(K) PLAN (2015) Form 5500
Creator: GARY MERLINO CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERLINO COMPANIES PROFIT SHARING 401(K) PLAN, GARY MERLINO CONSTRUCTION COMPANY, INC.

GARY MERLINO CONSTRUCTION COMPANY, INC.EIN 91-1296882Plan #009PY 2015

9125 10TH AVENUE SOUTH - SEATTLE, WA 981084612206-762-9125LinkedIn201-500 employeesconstruction

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$22.9M

No prior year

Total participants

520

No prior year

Average account balance

$92,688

No prior year

Annual return

-1.08%

No prior year

Benchmarks

See 885 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort885 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.58M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

258

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.

42.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$309

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 3 by compensation

Provider	Service type	Compensation
TRAUTMANN MAHER & ASSOCIATES1+ years Service code 15 · EIN 91-1526584	Recordkeeping	$4,697
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 18 · EIN 94-1737782	Custodial (other than securities); Tr...	$0
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009	Custodial (other than securities); Tr...	$0

Plan features & details

Pension benefit codes2F2E2G2J2T3H

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$10 / participant

Contract admin$5K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,688

$50,498+83.5%

$75,784+22.3%

$55,191+67.9%

Participation rate

39.7%

69.4%-29.7pp

75.8%-36.1pp

69.2%-29.4pp

Annual return

-1.08%

1.80%-2.9pp

9.68%-10.8pp

10.78%-11.9pp

Employer contribution / active EE

$1,845

$2,291-19.5%

$3,323-44.5%

$1,899-2.8%

Participant deferral / active EE

$1,711

$2,589-33.9%

$3,652-53.1%

$3,046-43.8%

Admin fee / account holder

$19

$123-84.5%

$5,300-99.6%

$91-79.1%

Provider

Service type

Compensation

TRAUTMANN MAHER & ASSOCIATES1+ years

Service code 15 · EIN 91-1526584

Recordkeeping

$4,697

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 18 · EIN 94-1737782

Custodial (other than securities); Tr...

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 18 · EIN 42-1558009

Custodial (other than securities); Tr...

MERLINO COMPANIES PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERLINO COMPANIES PROFIT SHARING 401(K) 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