Retirement plan

LAS ANIMAS CONCRETE RETIREMENT PLAN

Name: LAS ANIMAS CONCRETE & BUILDING SUPPLY, INC. - LAS ANIMAS CONCRETE RETIREMENT PLAN (2016) Form 5500
Creator: LAS ANIMAS CONCRETE & BUILDING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAS ANIMAS CONCRETE RETIREMENT PLAN, LAS ANIMAS CONCRETE & BUILDING SUPPLY, INC.

LAS ANIMAS CONCRETE & BUILDING SUPPLY, INC.EIN 94-1570062Plan #001PY 2016

146 ENCINAL STREET - SANTA CRUZ, CA 95060831-426-7280LinkedIn1-10 employeesglass, ceramics & concrete

Other plans on this EIN

1 filing

#003Retirement-$2.2M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

-3.5% from 2015

Total participants

0.0% from 2015

Average account balance

$91,899

-6.7% from 2015

Annual return

4.72%

+5.57 pp from 2015

Benchmarks

See 8,145 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,145 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.83M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

144.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$334K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+5.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1691

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 codes2E2F2G2T3D

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.
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

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

$451K

$19626 / participant

Other / not subdivided$451K100.0%

% of EOY assets

16.373%

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

$91,899

$99,079-7.2%

$78,002+17.8%

$273,972-66.5%

Participation rate

87.0%

78.6%+8.4pp

75.5%+11.4pp

83.0%+3.9pp

Annual return

4.72%

217.93%-213.2pp

425.99%-421.3pp

41.46%-36.7pp

Employer contribution / active EE

$9,411

$3,308+184.5%

$2,470+281.0%

$4,869+93.3%

Participant deferral / active EE

$4,306-100.0%

$3,497-100.0%

$5,287-100.0%

Admin fee / account holder

$15,047

$8,954+68.0%

$5,481+174.5%

$10,133+48.5%

LAS ANIMAS CONCRETE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAS ANIMAS CONCRETE RETIREMENT 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