Retirement plan

T. MORIARTY AND SON, INC. 401(K)PLAN

Name: T. MORIARTY AND SON, INC. - T. MORIARTY AND SON, INC. 401(K)PLAN (2022) Form 5500
Creator: T. MORIARTY AND SON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T. MORIARTY AND SON, INC. 401(K)PLAN, T. MORIARTY AND SON, INC.

T. MORIARTY AND SON, INC.EIN 11-1837614Plan #002PY 2022

63 CREAMER STREET - BROOKLYN, NY 112312203718-858-4800LinkedIn11-50 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.5M

-21.3% from 2021

Total participants

-17.4% from 2021

Average account balance

$327,804

-11.0% from 2021

Annual return

-11.72%

-24.75 pp from 2021

Benchmarks

See 17,347 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort17,347 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.46M

Not enough data

1 years with asset history on file

Average account balance

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

$549K

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

$425K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8143

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 codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$87726 / participant

Other / not subdivided$2M100.0%

% of EOY assets

17.606%

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

$327,804

$64,716+406.5%

$112,258+192.0%

$68,495+378.6%

Participation rate

100.0%

67.2%+32.8pp

75.1%+24.9pp

67.9%+32.1pp

Annual return

-11.72%

-11.40%-0.3pp

27.47%-39.2pp

-7.84%-3.9pp

Employer contribution / active EE

$11,450

$2,746+316.9%

$3,636+214.9%

$2,596+341.0%

Participant deferral / active EE

$15,230

$3,565+327.2%

$4,728+222.1%

$4,028+278.1%

Admin fee / account holder

$57,714

$5,232+1003.1%

$6,411+800.2%

$5,403+968.1%

T. MORIARTY AND SON, INC. 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T. MORIARTY AND SON, INC. 401(K)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