Retirement plan

AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC 401K PROFIT SHARING PLAN

Name: AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC. - AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC 401K PROFIT SHARING PLAN (2021) Form 5500
Creator: AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC 401K PROFIT SHARING PLAN, AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC.

AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC.EIN 04-3754877Plan #001PY 2021

10330 OLD COLUMBIA ROAD, SUITE 102 - COLUMBIA, MD 21046301-490-9100aceservinc.comLinkedIn51-200 employeesconstruction

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.2M

+23.7% from 2020

Total participants

214

-4.0% from 2020

Average account balance

$59,729

+21.3% from 2020

Annual return

13.48%

-1.21 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.09M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

267

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$164

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 2 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES FINANCIAL SERVICE Service code 27 · EIN 59-2937883	Advisory (Plan)	$36,929
EPIC RETIREMENT PLAN SERVICES5 years Filed as: RETIREMENT PLAN SOLUTIONS Service code 13 P.O. BOX 593 · HOLLIDAYSBURG, PA 16648	Contract Administrator	$10,120

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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.
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

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

$17K

$99 / participant

Contract admin$10K59.2%
Other / not subdivided$7K40.8%

% of EOY assets

0.140%

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: LANIGAN RYAN, P.C.
Auditor EIN: 521259972
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,729

$77,677-23.1%

$109,173-45.3%

$79,391-24.8%

Participation rate

94.8%

67.8%+27.0pp

75.9%+18.9pp

70.7%+24.1pp

Annual return

13.48%

23.44%-10.0pp

25.75%-12.3pp

116.88%-103.4pp

Employer contribution / active EE

$5,867

$2,798+109.7%

$3,723+57.6%

$2,428+141.7%

Participant deferral / active EE

$4,231

$3,517+20.3%

$4,654-9.1%

$4,046+4.6%

Admin fee / account holder

$83

$732-88.6%

$6,755-98.8%

$627-86.7%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES FINANCIAL SERVICE

Service code 27 · EIN 59-2937883

Advisory (Plan)

$36,929

EPIC RETIREMENT PLAN SERVICES5 years

Filed as: RETIREMENT PLAN SOLUTIONS

Service code 13

P.O. BOX 593 · HOLLIDAYSBURG, PA 16648

Contract Administrator

$10,120

AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN CONTRACTING & ENVIRONMENTAL SERVICES, 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