Retirement plan

E C CONSTRUCTION CO./L.G.M. COMPANY EMPLOYEES PROFIT SHARING 401(K) PLAN

Name: E C CONSTRUCTION CO. - E C CONSTRUCTION CO./L.G.M. COMPANY EMPLOYEES PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: E C CONSTRUCTION CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E C CONSTRUCTION CO./L.G.M. COMPANY EMPLOYEES PROFIT SHARING 401(K) PLAN, E C CONSTRUCTION CO.

E C CONSTRUCTION CO.EIN 95-3245210Plan #001PY 2016

2213 CHICO AVE. - SOUTH EL MONTE, CA 91733626-444-9596

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+9.1% from 2015

Total participants

-6.9% from 2015

Average account balance

$93,549

+17.2% from 2015

Annual return

7.45%

+8.29 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.46M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

64.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64352

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$102K

$3940 / participant

Other / not subdivided$102K100.0%

% of EOY assets

4.056%

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

$93,549

$76,551+22.2%

$123,894-24.5%

$62,881+48.8%

Participation rate

100.0%

73.0%+27.0pp

81.4%+18.6pp

69.3%+30.7pp

Annual return

7.45%

18.68%-11.2pp

47.52%-40.1pp

20.14%-12.7pp

Employer contribution / active EE

$2,875

$2,882-0.2%

$4,617-37.7%

$2,281+26.1%

Participant deferral / active EE

$2,545

$4,840-47.4%

$5,984-57.5%

$3,203-20.5%

Admin fee / account holder

$3,794

$4,826-21.4%

$8,357-54.6%

$4,296-11.7%

E C CONSTRUCTION CO./L.G.M. COMPANY EMPLOYEES PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E C CONSTRUCTION CO./L.G.M. COMPANY EMPLOYEES 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