Retirement plan

CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING AND TRUST - CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING AND TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING AND TRUST

CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING AND TRUSTEIN 02-0477790Plan #001PY 2023

3 PENSTOCK WAY - NEWMARKET, NH 03857603-868-5995

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7M

-12.2% from 2022

Total participants

147

+1.4% from 2022

Average account balance

$57,446

-16.6% from 2022

Annual return

-6.82%

-14.68 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.85M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

124

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.

70.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.03M

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

+21.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$192

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

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

Service providers

Top 10 of 19 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$20,768
BLACKROCK2 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$1
COHEN & STEERS2 years Filed as: COHEN & STEERS FUNDS Service code 28 · EIN 14-1904657	Investment Management	$1
COLUMBIA2 years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$1
DIMENSIONAL FUND ADVISORS2 years Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$1
EAGLEASSET2 years Service code 28 · EIN 59-3171014	Investment Management	$1
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$1
FIRST EAGLE2 years Filed as: FIRST EAGLE FUNDS Service code 28 · EIN 13-3392291 330 W 9TH ST · KANSAS CITY, MO 64105	Investment Management	$1
FRANKLIN TEMPLETON2 years Service code 28 · EIN 13-2670991	Investment Management	$1
INVESCO2 years Service code 28 · EIN 26-4521338	Investment Management	$1

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$21K

$175 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.296%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ASSURANCE DIMENSIONS
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,446

$76,696-25.1%

$96,515-40.5%

$71,511-19.7%

Participation rate

79.0%

66.6%+12.4pp

74.3%+4.6pp

67.9%+11.1pp

Annual return

-6.82%

48.32%-55.1pp

35.73%-42.5pp

28.86%-35.7pp

Employer contribution / active EE

$2,620

$3,032-13.6%

$3,740-29.9%

$2,589+1.2%

Participant deferral / active EE

$4,801

$3,770+27.3%

$4,880-1.6%

$4,291+11.9%

Admin fee / account holder

$170

$2,030-91.6%

$6,735-97.5%

$1,588-89.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$20,768

BLACKROCK2 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

COHEN & STEERS2 years

Filed as: COHEN & STEERS FUNDS

Service code 28 · EIN 14-1904657

Investment Management

COLUMBIA2 years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DIMENSIONAL FUND ADVISORS2 years

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

EAGLEASSET2 years

Service code 28 · EIN 59-3171014

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

FIRST EAGLE2 years

Filed as: FIRST EAGLE FUNDS

Service code 28 · EIN 13-3392291

330 W 9TH ST · KANSAS CITY, MO 64105

Investment Management

FRANKLIN TEMPLETON2 years

Service code 28 · EIN 13-2670991

Investment Management

INVESCO2 years

Service code 28 · EIN 26-4521338

Investment Management

CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHINBURG BUILDERS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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