Retirement plan

H.C. OLSEN CONSTRUCTION, CO., INC. PROFIT SHARING PLAN

Name: H. C. OLSEN CONSTRUCTION CO., INC. - H.C. OLSEN CONSTRUCTION, CO., INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: H. C. OLSEN CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H.C. OLSEN CONSTRUCTION, CO., INC. PROFIT SHARING PLAN, H. C. OLSEN CONSTRUCTION CO., INC.

H. C. OLSEN CONSTRUCTION CO., INC.EIN 95-1859891Plan #002PY 2018

710 E. LOS ANGELES AVENUE - MONROVIA, CA 91016626-359-8900hcolsen.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

-1.8% from 2017

Total participants

+5.9% from 2017

Average account balance

$183,257

-1.8% from 2017

Annual return

-6.04%

-13.12 pp from 2017

Benchmarks

See 38,943 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,943 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.76M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+7.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17457

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

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

$203K

$13557 / participant

Other / not subdivided$203K100.0%

% of EOY assets

6.936%

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

$183,257

$97,761+87.5%

$83,850+118.6%

$135,382+35.4%

Participation rate

86.7%

80.0%+6.7pp

76.1%+10.5pp

82.6%+4.0pp

Annual return

-6.04%

1287.44%-1293.5pp

850.92%-857.0pp

519.77%-525.8pp

Employer contribution / active EE

$19,022

$4,222+350.6%

$3,631+423.9%

$4,779+298.1%

Participant deferral / active EE

$4,682-100.0%

$4,082-100.0%

$5,609-100.0%

Admin fee / account holder

$12,710

$6,674+90.4%

$5,478+132.0%

$10,829+17.4%

H.C. OLSEN CONSTRUCTION, CO., INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H.C. OLSEN CONSTRUCTION, CO., INC. PROFIT SHARING 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