Retirement plan

FASONE CONSTRUCTION, INC., 401(K) PROFIT SHARING PLAN

Name: FASONE CONSTRUCTION, INC. - FASONE CONSTRUCTION, INC., 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: FASONE CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FASONE CONSTRUCTION, INC., 401(K) PROFIT SHARING PLAN, FASONE CONSTRUCTION, INC.

FASONE CONSTRUCTION, INC.EIN 95-4665792Plan #001PY 2018

9124 NORWALK BLVD - SANTA FE SPRINGS, CA 90670562-946-3349fasone.netLinkedIn11-50 employeesconstruction

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$315K

+35.8% from 2017

Total participants

+5.0% from 2017

Average account balance

$16,555

+0.0% from 2017

Annual return

-11.60%

-6.61 pp from 2017

Benchmarks

See 38,941 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,941 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.68M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

131.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$636K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+9.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2231

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 codes2F2J2R3D

Plan features

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

1 tripped

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

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

$16,555

$97,729-83.1%

$83,830-80.3%

$135,379-87.8%

Participation rate

88.2%

80.0%+8.3pp

76.1%+12.1pp

82.6%+5.6pp

Annual return

-11.60%

1287.52%-1299.1pp

850.97%-862.6pp

519.79%-531.4pp

Employer contribution / active EE

$1,765

$4,222-58.2%

$3,631-51.4%

$4,779-63.1%

Participant deferral / active EE

$4,689

$4,683+0.1%

$4,082+14.9%

$5,609-16.4%

Admin fee / account holder

$6,674-100.0%

$5,479-100.0%

$10,828-100.0%

FASONE CONSTRUCTION, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FASONE CONSTRUCTION, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion