Retirement plan

DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN

Name: DEGENKOLB ENGINEERS - DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN (2015) Form 5500
Creator: DEGENKOLB ENGINEERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN, DEGENKOLB ENGINEERS

DEGENKOLB ENGINEERSEIN 94-1432527Plan #002PY 2015

235 MONTGOMERY STREET, SUITE 500 - SAN FRANCISCO, CA 94104415-354-6469degenkolb.comLinkedIn201-500 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$31.3M

No prior year

Total participants

239

No prior year

Average account balance

$134,524

No prior year

Annual return

1.55%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$123.10M

Not enough data

1 years with asset history on file

Average account balance

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

$272K

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.

452

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+36.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$251

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 2 by compensation

Provider	Service type	Compensation
WESPAC PLAN SERVICES, LLC1+ years Filed as: WESPAC ADVISORS, LLC Service code 27 · EIN 26-2824668	Advisory (Plan)	$22,500
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393	Recordkeeping	$375

Plan features & details

Pension benefit codes2E2J2K2G2F2T2S

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$77K

$545 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.245%

all-in expense ratio

Categories reported

0 / 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: MICHAEL F. PALMER, CPA
Auditor EIN: 223867980
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,524

$70,002+92.2%

$115,038+16.9%

$52,331+157.1%

Participation rate

95.7%

72.1%+23.6pp

81.4%+14.4pp

68.1%+27.6pp

Annual return

1.55%

4.04%-2.5pp

26.14%-24.6pp

4.54%-3.0pp

Employer contribution / active EE

$4,259

$2,715+56.9%

$4,608-7.6%

$1,882+126.3%

Participant deferral / active EE

$8,320

$4,920+69.1%

$6,026+38.1%

$3,022+175.3%

Admin fee / account holder

$330

$566-41.7%

$8,175-96.0%

$592-44.3%

Provider

Service type

Compensation

WESPAC PLAN SERVICES, LLC1+ years

Filed as: WESPAC ADVISORS, LLC

Service code 27 · EIN 26-2824668

Advisory (Plan)

$22,500

WELLS FARGO BANK, N.A.1+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$375

DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEGENKOLB ENGINEERS 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