Retirement plan

JRT MECHANICAL, INC. RETIREMENT SAVINGS PLAN

Name: JRT MECHANICAL, INC. - JRT MECHANICAL, INC. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: JRT MECHANICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JRT MECHANICAL, INC. RETIREMENT SAVINGS PLAN, JRT MECHANICAL, INC.

JRT MECHANICAL, INC.EIN 91-1621477Plan #001PY 2017

P.O. BOX 1450 - BATTLE GROUND, WA 98604360-666-0330jrtmechanical.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$11.6M

+26.3% from 2016

Total participants

169

+5.6% from 2016

Average account balance

$75,239

+20.5% from 2016

Annual return

17.69%

+10.34 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.06M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

236

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.

70.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$409

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 · EIN 84-0467907	Recordkeeping Fees	$36,792
FIRST PACIFIC FINANCIAL INC1 year Filed as: FIRST PACIFIC FINANCIAL, INC. Service code 27 610 ESTHER ST SUITE 100 · VANCOUVER, WA 98660	Advisory (Plan)	$20,077
LPL FINANCIAL1 year Filed as: KMS FINANCIAL SERVICES Service code 27 2001 SIXTH AVENUE SUITE 2801 · SEATTLE, WA 98121	Advisory (Plan)	$9,953
PENSION PLAN SPECIALISTS, PC1 year Filed as: PENSION PLAN SPECIALISTS Service code 13 805 BROADWAY SUITE 600 · VANCOUVER, WA 98660	Contract Administrator	$2,300

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$305 / participant

Contract admin$36K97.4%
Other / not subdivided$9902.6%

% of EOY assets

0.323%

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: BARRETT & COMPANY
Auditor EIN: 912099351
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,239

$58,726+28.1%

$92,239-18.4%

$62,293+20.8%

Participation rate

87.8%

68.3%+19.5pp

76.5%+11.3pp

69.5%+18.3pp

Annual return

17.69%

43.62%-25.9pp

176.29%-158.6pp

28.90%-11.2pp

Employer contribution / active EE

$16,731

$2,392+599.5%

$3,680+354.7%

$2,042+719.2%

Participant deferral / active EE

$1,043

$2,766-62.3%

$3,897-73.2%

$3,169-67.1%

Admin fee / account holder

$243

$556-56.3%

$5,194-95.3%

$479-49.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$36,792

FIRST PACIFIC FINANCIAL INC1 year

Filed as: FIRST PACIFIC FINANCIAL, INC.

Service code 27

610 ESTHER ST SUITE 100 · VANCOUVER, WA 98660

Advisory (Plan)

$20,077

LPL FINANCIAL1 year

Filed as: KMS FINANCIAL SERVICES

Service code 27

2001 SIXTH AVENUE SUITE 2801 · SEATTLE, WA 98121

Advisory (Plan)

$9,953

PENSION PLAN SPECIALISTS, PC1 year

Filed as: PENSION PLAN SPECIALISTS

Service code 13

805 BROADWAY SUITE 600 · VANCOUVER, WA 98660

Contract Administrator

$2,300

JRT MECHANICAL, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JRT MECHANICAL, INC. RETIREMENT SAVINGS 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