Retirement plan

GENTRY CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN

Name: GENTRY CONSTRUCTION CO., INC. - GENTRY CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: GENTRY CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENTRY CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN, GENTRY CONSTRUCTION CO., INC.

GENTRY CONSTRUCTION CO., INC.EIN 11-3463576Plan #001PY 2024

201 MONTAUK HIGHWAY, SUITE 7 - WESTHAMPTON BEACH, NY 119781730631-288-9004

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+23.3% from 2023

Total participants

0.0% from 2023

Average account balance

$191,172

+9.6% from 2023

Annual return

19.58%

-6.88 pp from 2023

Benchmarks

See 54,965 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,965 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+19.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7776

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 codes2E2F2J2T3D

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).
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

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

$70K

$6998 / participant

Other / not subdivided$70K100.0%

% of EOY assets

4.067%

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

$191,172

$111,814+71.0%

$103,374+84.9%

$145,959+31.0%

Participation rate

70.0%

77.9%-7.9pp

74.5%-4.5pp

80.3%-10.3pp

Annual return

19.58%

24.77%-5.2pp

24.89%-5.3pp

561.95%-542.4pp

Employer contribution / active EE

$3,656

$4,214-13.2%

$3,869-5.5%

$4,661-21.6%

Participant deferral / active EE

$8,481

$5,618+51.0%

$5,058+67.7%

$6,689+26.8%

Admin fee / account holder

$7,776

$9,754-20.3%

$8,394-7.4%

$13,398-42.0%

GENTRY CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENTRY CONSTRUCTION CO., 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