Retirement plan

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

Name: C.H.G. BUILDING SYSTEMS, INC. - CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN (2015) Form 5500
Creator: C.H.G. BUILDING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN, C.H.G. BUILDING SYSTEMS, INC.

C.H.G. BUILDING SYSTEMS, INC.EIN 91-1394713Plan #002PY 2015

PO BOX 78448 - SEATTLE, WA 98178425-255-5747chgbuildingsystems.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$3.7M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.2M

No prior year

Total participants

No prior year

Average account balance

$89,120

No prior year

Annual return

0.14%

No prior year

Benchmarks

See 11,458 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort11,458 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.75M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$761K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11525

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 codes2C2F2G2T3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$190K

$4313 / participant

Other / not subdivided$190K100.0%

% of EOY assets

3.671%

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

$89,120

$52,678+69.2%

$75,784+17.6%

$59,633+49.4%

Participation rate

100.0%

67.2%+32.8pp

75.8%+24.2pp

68.7%+31.3pp

Annual return

0.14%

2.95%-2.8pp

9.68%-9.5pp

2041.45%-2041.3pp

Employer contribution / active EE

$14,752

$2,193+572.6%

$3,323+343.9%

$2,203+569.8%

Participant deferral / active EE

$2,591-100.0%

$3,652-100.0%

$3,192-100.0%

Admin fee / account holder

$3,272

$3,610-9.4%

$5,300-38.3%

$4,297-23.9%

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE 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