Retirement plan

S.M. HARRINGTON CONTRACTING CORP. 401(K) PROFIT SHARING PLAN

Name: S.M. HARRINGTON CONTRACTING CORP. - S.M. HARRINGTON CONTRACTING CORP. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: S.M. HARRINGTON CONTRACTING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S.M. HARRINGTON CONTRACTING CORP. 401(K) PROFIT SHARING PLAN, S.M. HARRINGTON CONTRACTING CORP.

S.M. HARRINGTON CONTRACTING CORP.EIN 04-3398634Plan #001PY 2022

5-7 DELAWARE STREET, UNIT 5 - SALEM, NH 03079603-458-5197

Other plans on this EIN

1 filing

#002Retirement-$2.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$349K

-4.4% from 2021

Total participants

0.0% from 2021

Average account balance

$174,630

-4.4% from 2021

Annual return

-14.95%

-27.93 pp from 2021

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$487K

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1521

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$3K

$1584 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.907%

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

$174,630

$133,981+30.3%

$112,249+55.6%

$134,532+29.8%

Participation rate

100.0%

78.6%+21.4pp

75.1%+24.9pp

81.2%+18.8pp

Annual return

-14.95%

47.16%-62.1pp

27.48%-42.4pp

418.27%-433.2pp

Employer contribution / active EE

$5,777

$4,040+43.0%

$3,636+58.9%

$4,741+21.9%

Participant deferral / active EE

$13,500

$5,292+155.1%

$4,729+185.5%

$6,401+110.9%

Admin fee / account holder

$1,584

$7,492-78.9%

$6,412-75.3%

$11,429-86.1%

S.M. HARRINGTON CONTRACTING CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S.M. HARRINGTON CONTRACTING CORP. 401(K) 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