Retirement plan

GILTON SOLID WASTE MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN

Name: GILTON SOLID WASTE MANAGEMENT, INC. - GILTON SOLID WASTE MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN (2020) Form 5500
Creator: GILTON SOLID WASTE MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GILTON SOLID WASTE MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN, GILTON SOLID WASTE MANAGEMENT, INC.

GILTON SOLID WASTE MANAGEMENT, INC.EIN 94-2268035Plan #001PY 2020

755 S. YOSEMITE AVENUE - OAKDALE, CA 95361209-527-3781gilton.comLinkedIn51-200 employeesgovernment administration

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$20.1M

+13.2% from 2019

Total participants

327

+4.5% from 2019

Average account balance

$75,118

+15.3% from 2019

Annual return

6.92%

-0.57 pp from 2019

Benchmarks

See 695 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort695 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.41M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

336

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.

79.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
LPL FINANCIAL3 years Filed as: LPL FINANCIAL CORP Service code 27 · EIN 04-3046611 4707 EXECUTIVE DR. · SAN DIEGO, CA 92121	Advisory (Plan)	$43,421
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 1150 S. OLIVE ST. · LOS ANGELES, CA 90015	Recordkeeping	$14,378
PRIEST AMISTADI2 years Service code 10 · EIN 94-2507389 1021 14TH STREET · MODESTO, CA 95354	Accounting	$9,000
OSBORNE & ASSOCIATES, INC.5+ years Service code 15 · EIN 77-0573145 4216 KIERNAN AVENUE, SUITE 201 · MODESTO, CA 95356	Recordkeeping	$2,700

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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

Expense breakdown

Schedule H Part II

Admin total

$17K

$61 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.085%

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: PRIEST AMISTADI
Auditor EIN: 942507389
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,118

$39,948+88.0%

$89,414-16.0%

$73,412+2.3%

Participation rate

78.7%

50.4%+28.3pp

68.0%+10.7pp

72.2%+6.5pp

Annual return

6.92%

50.12%-43.2pp

245.50%-238.6pp

59.30%-52.4pp

Employer contribution / active EE

$2,231

$1,200+86.0%

$2,586-13.7%

$2,234-0.1%

Participant deferral / active EE

$3,560

$2,193+62.3%

$3,890-8.5%

$3,806-6.5%

Admin fee / account holder

$64

$134-52.3%

$4,883-98.7%

$158-59.5%

Provider

Service type

Compensation

LPL FINANCIAL3 years

Filed as: LPL FINANCIAL CORP

Service code 27 · EIN 04-3046611

4707 EXECUTIVE DR. · SAN DIEGO, CA 92121

Advisory (Plan)

$43,421

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

1150 S. OLIVE ST. · LOS ANGELES, CA 90015

Recordkeeping

$14,378

PRIEST AMISTADI2 years

Service code 10 · EIN 94-2507389

1021 14TH STREET · MODESTO, CA 95354

Accounting

$9,000

OSBORNE & ASSOCIATES, INC.5+ years

Service code 15 · EIN 77-0573145

4216 KIERNAN AVENUE, SUITE 201 · MODESTO, CA 95356

Recordkeeping

$2,700

GILTON SOLID WASTE MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GILTON SOLID WASTE MANAGEMENT, INC. 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