Retirement plan

DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN

Name: DEGENKOLB ENGINEERS - DEGENKOLB ENGINEERS PROFIT SHARING & 401(K) PLAN (2018) 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 2018

375 BEALE STREET, SUITE 500 - SAN FRANCISCO, CA 94105415-354-6469degenkolb.comLinkedIn201-500 employeescivil engineering

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$42.4M

+9.8% from 2017

Total participants

284

+12.3% from 2017

Average account balance

$152,381

-2.1% from 2017

Annual return

4.26%

-10.37 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393	Recordkeeping	$68,203
IFP ADVISORS INC DBA INDEPENDENT FI3 years Filed as: IFP ADVISORS, INC. Service code 27 · EIN 59-3331424	Advisory (Plan)	$30,675

Plan features & details

Pension benefit codes2E2J2G2F2T2S

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$99K

$572 / participant

Other / not subdivided$99K100.0%

% of EOY assets

0.233%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$152,381

$73,102+108.5%

$123,552+23.3%

$56,287+170.7%

Participation rate

96.5%

74.3%+22.2pp

82.3%+14.2pp

69.9%+26.7pp

Annual return

4.26%

3.01%+1.2pp

119.20%-114.9pp

-9.96%+14.2pp

Employer contribution / active EE

$5,079

$2,977+70.6%

$4,628+9.7%

$2,111+140.6%

Participant deferral / active EE

$8,817

$5,423+62.6%

$6,426+37.2%

$3,350+163.2%

Admin fee / account holder

$356

$554-35.8%

$9,285-96.2%

$521-31.7%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$68,203

IFP ADVISORS INC DBA INDEPENDENT FI3 years

Filed as: IFP ADVISORS, INC.

Service code 27 · EIN 59-3331424

Advisory (Plan)

$30,675

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