Retirement plan

ATLANTIC PAVEMENT MARKING, INC. 401(K) PROFIT SHARING PLAN

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

ATLANTIC PAVEMENT MARKING, INC.EIN 06-0948555Plan #003PY 2023

15 INDUSTRIAL ROAD - PROSPECT, CT 06712203-758-0800LinkedIn51-200 employeesconstruction

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$806K

+4.1% from 2022

Total participants

-20.0% from 2022

Average account balance

$115,092

+48.7% from 2022

Annual return

3.74%

+15.40 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+8.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$525

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 codes2E2F2J2T3D2G

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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$2221 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.929%

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

$115,092

$106,280+8.3%

$96,538+19.2%

$139,487-17.5%

Participation rate

85.7%

77.8%+7.9pp

74.3%+11.4pp

80.3%+5.4pp

Annual return

3.74%

38.48%-34.7pp

35.74%-32.0pp

373.84%-370.1pp

Employer contribution / active EE

$201

$4,107-95.1%

$3,740-94.6%

$4,755-95.8%

Participant deferral / active EE

$2,271

$5,457-58.4%

$4,880-53.5%

$6,713-66.2%

Admin fee / account holder

$2,221

$7,888-71.8%

$6,737-67.0%

$11,407-80.5%

ATLANTIC PAVEMENT MARKING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLANTIC PAVEMENT MARKING, INC. 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