Retirement plan

GENERAL INSULATION COMPANY 401(K) PROFIT SHARING PLAN

Name: GENERAL INSULATION COMPANY - GENERAL INSULATION COMPANY 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: GENERAL INSULATION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL INSULATION COMPANY 401(K) PROFIT SHARING PLAN, GENERAL INSULATION COMPANY

GENERAL INSULATION COMPANYEIN 04-1044750Plan #001PY 2025

1001 HINGHAM STREET SUITE 302, SUITE 302 - ROCKLAND, MA 02370781-391-2070generalinsulation.comLinkedIn501-1000 employeesconstruction

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed October 18, 2024 (most recent of 26 filings on file)

Plan administrator

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278 Mystic Avenue

Medford, MA 02155

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Plans declared (1)

Plan name not on file7 emp

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Total assets (EOY)

$27.9M

+18.1% from 2024

Total participants

416

+6.1% from 2024

Average account balance

$99,488

+11.3% from 2024

Annual return

15.36%

-13.12 pp from 2024

Benchmarks

See 146 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort146 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.86M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

280

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.

66.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$213

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3 years Filed as: LINCOLN INVESTMENT PLANNING, LLC Service code 27 35 BRAINTREE HILL PARK · BRAINTREE, MA 02184	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$60K

$148 / participant

Contract admin$60K100.0%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CITRIN COOPERMAN & CO., LLP
Auditor EIN: 222428965
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,488

$51,096+94.7%

$100,712-1.2%

$71,012+40.1%

Participation rate

66.3%

47.0%+19.4pp

69.3%-2.9pp

58.6%+7.8pp

Annual return

15.36%

16.42%-1.1pp

33.27%-17.9pp

37.67%-22.3pp

Employer contribution / active EE

$3,303

$1,127+193.2%

$2,313+42.8%

$2,348+40.7%

Participant deferral / active EE

$3,327

$1,937+71.8%

$4,085-18.5%

$3,246+2.5%

Admin fee / account holder

$213

$2,179-90.2%

$9,256-97.7%

$1,167-81.7%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3 years

Filed as: LINCOLN INVESTMENT PLANNING, LLC

Service code 27

35 BRAINTREE HILL PARK · BRAINTREE, MA 02184

Advisory (Plan)

GENERAL INSULATION COMPANY 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL INSULATION COMPANY 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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