Retirement plan

J.T.WIMSATT CONTRACTING CO. INC. 401K PROFIT SHARING PLAN

Name: J.T. WIMSATT CONTRACTING CO., INC. - J.T.WIMSATT CONTRACTING CO. INC. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: J.T. WIMSATT CONTRACTING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.T.WIMSATT CONTRACTING CO. INC. 401K PROFIT SHARING PLAN, J.T. WIMSATT CONTRACTING CO., INC.

J.T. WIMSATT CONTRACTING CO., INC.EIN 95-4557672Plan #002PY 2017

28064 AVENUE STANFORD UNIT B - VALENCIA, CA 913551160661-775-8090

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.1M

+36.4% from 2016

Total participants

137

+13.2% from 2016

Average account balance

$31,898

+7.8% from 2016

Annual return

29.30%

+24.10 pp from 2016

Benchmarks

See 14,318 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort14,318 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.38M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$526K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4847

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

Top 5 by compensation

Provider	Service type	Compensation
ALPHAPOINT, INC.3+ years Filed as: ALPHAPOINT, INC Service code 27 2101 EAST COAST HIGHWAY, STE. 250 · CORONA DEL MAR, CA 92625	Advisory (Plan)	$5,000
TRUOG-RYDING COMPANY, INC.3+ years Service code 13	Contract Administrator	$3,428
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY Service code 28 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80211	Investment Management	$2,080
TRUOG-RYDING COMPANY, INC.3+ years Filed as: TRUOG-RYDING COMPANY, INC Service code 13 2659 TOWNSGATE RD., STE. 101 · WESTLAKE VILLAGE, CA 91361	Contract Administrator	$1,200
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80211	Recordkeeping Fees	$800

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

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

$4K

$52 / participant

Investment mgmt$3K70.6%
Contract admin$1K29.4%

% of EOY assets

0.099%

all-in expense ratio

Categories reported

2 / 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: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,898

$63,346-49.6%

$92,240-65.4%

$70,126-54.5%

Participation rate

89.7%

68.7%+21.1pp

76.5%+13.3pp

69.5%+20.2pp

Annual return

29.30%

530.19%-500.9pp

176.29%-147.0pp

73.15%-43.8pp

Employer contribution / active EE

$1,514

$2,471-38.7%

$3,680-58.8%

$2,343-35.4%

Participant deferral / active EE

$3,237

$2,854+13.4%

$3,897-16.9%

$3,332-2.8%

Admin fee / account holder

$32

$3,841-99.2%

$5,194-99.4%

$4,645-99.3%

Provider

Service type

Compensation

ALPHAPOINT, INC.3+ years

Filed as: ALPHAPOINT, INC

Service code 27

2101 EAST COAST HIGHWAY, STE. 250 · CORONA DEL MAR, CA 92625

Advisory (Plan)

$5,000

TRUOG-RYDING COMPANY, INC.3+ years

Service code 13

Contract Administrator

$3,428

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY

Service code 28

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80211

Investment Management

$2,080

TRUOG-RYDING COMPANY, INC.3+ years

Filed as: TRUOG-RYDING COMPANY, INC

Service code 13

2659 TOWNSGATE RD., STE. 101 · WESTLAKE VILLAGE, CA 91361

Contract Administrator

$1,200

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80211

Recordkeeping Fees

$800

J.T.WIMSATT CONTRACTING CO. INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.T.WIMSATT CONTRACTING CO. INC. 401K 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