Retirement plan

LAFRAMBOISE SAND & STONE INC 401 K PROFIT SHARING PLAN TRUST

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

LAFRAMBOISE SAND & STONE, INC.EIN 06-1562471Plan #001PY 2023

189 WAUREGAN RD. - CANTERBURY, CT 06331860-546-9771LinkedIn11-50 employeesindividual & family services

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$219K

+19.1% from 2022

Total participants

0.0% from 2022

Average account balance

$27,401

+19.1% from 2022

Annual return

15.65%

+28.98 pp from 2022

Benchmarks

See 1,613 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,613 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$225K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

400.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3451

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$850

$425 / participant

Other / not subdivided$850100.0%

% of EOY assets

0.388%

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

$27,401

$192,737-85.8%

$142,460-80.8%

$139,456-80.4%

Participation rate

100.0%

81.5%+18.5pp

76.8%+23.2pp

80.3%+19.7pp

Annual return

15.65%

17.99%-2.3pp

19.99%-4.3pp

373.45%-357.8pp

Employer contribution / active EE

$5,806-100.0%

$4,847-100.0%

$4,753-100.0%

Participant deferral / active EE

$3,185

$7,208-55.8%

$6,283-49.3%

$6,711-52.5%

Admin fee / account holder

$106

$15,125-99.3%

$10,011-98.9%

$11,407-99.1%

LAFRAMBOISE SAND & STONE INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAFRAMBOISE SAND & STONE INC 401 K PROFIT SHARING PLAN 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