Retirement plan

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

Name: CHG BUILDING SYSTEMS, INC. - CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN (2019) Form 5500
Creator: CHG BUILDING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN, CHG BUILDING SYSTEMS, INC.

CHG BUILDING SYSTEMS, INC.EIN 91-1394713Plan #002PY 2019

1120 SW 16TH, SUITE A4 - RENTON, WA 98057425-255-5747chgbuildingsystems.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$5.9M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.4M

+13.7% from 2018

Total participants

-8.2% from 2018

Average account balance

$150,125

+48.2% from 2018

Annual return

10.32%

+12.11 pp from 2018

Benchmarks

See 15,813 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,813 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.92M

Not enough data

1 years with asset history on file

Average account balance

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

$254K

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.

127.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$791K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24294

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 codes2C2F2G2T3D3H

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.
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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$391K

$7670 / participant

Other / not subdivided$391K100.0%

% of EOY assets

4.653%

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

$150,125

$65,364+129.7%

$92,909+61.6%

$72,975+105.7%

Participation rate

78.4%

68.3%+10.1pp

76.0%+2.4pp

69.5%+8.9pp

Annual return

10.32%

42.11%-31.8pp

109.44%-99.1pp

81.01%-70.7pp

Employer contribution / active EE

$11,829

$2,594+356.0%

$3,653+223.8%

$2,440+384.8%

Participant deferral / active EE

$3,128-100.0%

$4,238-100.0%

$3,608-100.0%

Admin fee / account holder

$6,985

$4,251+64.3%

$5,795+20.5%

$5,124+36.3%

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