Retirement plan

THE I GRACE COMPANY RETIREMENT SAVINGS PLAN

Name: THE I GRACE COMPANY, INC. - THE I GRACE COMPANY RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: THE I GRACE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE I GRACE COMPANY RETIREMENT SAVINGS PLAN, THE I GRACE COMPANY, INC.

THE I GRACE COMPANY, INC.EIN 13-3494074Plan #003PY 2023

37-18 NORTHERN BOULEVARD, SUITE 500 - LONG ISLAND CITY, NY 11101212-987-1900igrace.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$10.3M

+20.1% from 2022

Total participants

154

+6.9% from 2022

Average account balance

$68,711

+12.9% from 2022

Annual return

16.62%

+33.49 pp from 2022

Benchmarks

See 5,252 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort5,252 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$12.25M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

157

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$336

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
FIRST FREAT-WEST LIFE & ANNUITY2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$27,138
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: ALLIANT INSURANCE SERVICES INC Service code 13 DBA ALLIANT RETIREMENT · NEW YORK, NY 10178	Contract Administrator	$9,390
FLAGSTAR ADVISORS INC1 year Filed as: FLAGSTAR ADVISOR INC Service code 55	Other Commissions	$8,753
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: ALLIANT INSURANCE SERVICES INC DBA Service code 13	Contract Administrator	$5,808
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$4,533
THE RETIREMENT ADVANTAGE INC2 years Filed as: THE RETIREMENT ADVANTAGE, INC. Service code 13 101 E. GRAND AVENUE · PORT WASHINGTON, WI 53074	Contract Administrator	$3,799
FLAGSTAR ADVISORS INC1 year Filed as: FLAGSTAR ADVISORS INC. Service code 55 1400 BROADWAY 16TH FL · NEW YORK, NY 10018	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$42K

$500 / participant

Contract admin$42K100.0%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,711

$49,922+37.6%

$80,569-14.7%

$75,163-8.6%

Participation rate

95.2%

55.3%+39.9pp

67.0%+28.2pp

67.2%+28.0pp

Annual return

16.62%

34.69%-18.1pp

935.43%-918.8pp

160.62%-144.0pp

Employer contribution / active EE

$2,763

$1,698+62.7%

$2,723+1.5%

$2,670+3.5%

Participant deferral / active EE

$8,669

$2,990+189.9%

$4,447+94.9%

$4,125+110.2%

Admin fee / account holder

$280

$3,577-92.2%

$5,377-94.8%

$5,651-95.0%

Provider

Service type

Compensation

FIRST FREAT-WEST LIFE & ANNUITY2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$27,138

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: ALLIANT INSURANCE SERVICES INC

Service code 13

DBA ALLIANT RETIREMENT · NEW YORK, NY 10178

Contract Administrator

$9,390

FLAGSTAR ADVISORS INC1 year

Filed as: FLAGSTAR ADVISOR INC

Service code 55

Other Commissions

$8,753

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: ALLIANT INSURANCE SERVICES INC DBA

Service code 13

Contract Administrator

$5,808

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$4,533

THE RETIREMENT ADVANTAGE INC2 years

Filed as: THE RETIREMENT ADVANTAGE, INC.

Service code 13

101 E. GRAND AVENUE · PORT WASHINGTON, WI 53074

Contract Administrator

$3,799

FLAGSTAR ADVISORS INC1 year

Filed as: FLAGSTAR ADVISORS INC.

Service code 55

1400 BROADWAY 16TH FL · NEW YORK, NY 10018

Other Commissions

THE I GRACE COMPANY RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE I GRACE COMPANY RETIREMENT SAVINGS 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