Retirement plan

CCA CONSTRUCTION, INC. 401 (K) SAVINGS PLAN

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

CCA CONSTRUCTION, INC.EIN 13-3774862Plan #001PY 2024

445 SOUTH ST, SUITE 310 - MORRISTOWN, NJ 07960201-876-2788

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$17.7M

+13.3% from 2023

Total participants

117

-5.6% from 2023

Average account balance

$182,920

+20.3% from 2023

Annual return

13.33%

-3.20 pp from 2023

Benchmarks

See 18,533 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,533 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.74M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

70.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$329

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
401(K) ADVISORS INC6 years Filed as: NI ADVISORS Service code 55 1138 CADILLAC CT · MILPITAS, CA 95035	Other Commissions	$40,813
LILLING & COMPANY LLP4 years Filed as: LILLING AND COMPANY LLP Service code 10 · EIN 13-3447681	Accounting	$20,185
SMITH & DOWNEY1 year Service code 29 · EIN 52-1839270	Legal	$11,058
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$650

Plan features & details

Pension benefit codes2F2G2J2K2T3H3D2E

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$32K

$476 / participant

Recordkeeping$6502.0%
Legal$11K34.7%
Other / not subdivided$20K63.3%

% of EOY assets

0.180%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LILLING & COMPANY, LLP
Auditor EIN: 133447681
Audit fees: $20,185
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$182,920

$81,487+124.5%

$102,412+78.6%

$80,935+126.0%

Participation rate

70.1%

66.8%+3.3pp

74.5%-4.4pp

67.7%+2.5pp

Annual return

13.33%

25.60%-12.3pp

24.94%-11.6pp

35.66%-22.3pp

Employer contribution / active EE

$5,195

$3,103+67.4%

$3,870+34.2%

$2,757+88.5%

Participant deferral / active EE

$11,046

$3,871+185.4%

$5,060+118.3%

$4,299+156.9%

Admin fee / account holder

$329

$6,717-95.1%

$8,388-96.1%

$6,924-95.3%

Provider

Service type

Compensation

401(K) ADVISORS INC6 years

Filed as: NI ADVISORS

Service code 55

1138 CADILLAC CT · MILPITAS, CA 95035

Other Commissions

$40,813

LILLING & COMPANY LLP4 years

Filed as: LILLING AND COMPANY LLP

Service code 10 · EIN 13-3447681

Accounting

$20,185

SMITH & DOWNEY1 year

Service code 29 · EIN 52-1839270

Legal

$11,058

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$650

CCA CONSTRUCTION, INC. 401 (K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CCA CONSTRUCTION, INC. 401 (K) 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