Retirement plan

COUNTY LINE STONE SALARIED EMPLOYEES PROFIT SHARING AND RETIREMENT PLAN

Name: COUNTY LINE STONE CO., INC. - COUNTY LINE STONE SALARIED EMPLOYEES PROFIT SHARING AND RETIREMENT PLAN (2023) Form 5500
Creator: COUNTY LINE STONE CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COUNTY LINE STONE SALARIED EMPLOYEES PROFIT SHARING AND RETIREMENT PLAN, COUNTY LINE STONE CO., INC.

COUNTY LINE STONE CO., INC.EIN 16-0836378Plan #001PY 2023

4515 CRITTENDEN RD. - AKRON, NY 14001716-542-5435clstone.usLinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$5.5M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.5M

+25.8% from 2022

Total participants

+5.9% from 2022

Average account balance

$279,146

+33.7% from 2022

Annual return

16.52%

+26.41 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

$7.15M

Not enough data

1 years with asset history on file

Average account balance

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

$357K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$821K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$46K

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

+16.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3126

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$193K

$13798 / participant

Other / not subdivided$193K100.0%

% of EOY assets

4.325%

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

$279,146

$192,737+44.8%

$142,460+95.9%

$139,456+100.2%

Participation rate

85.7%

81.5%+4.2pp

76.8%+8.9pp

80.3%+5.4pp

Annual return

16.52%

17.99%-1.5pp

19.99%-3.5pp

373.45%-356.9pp

Employer contribution / active EE

$28,815

$5,806+396.3%

$4,847+494.4%

$4,753+506.3%

Participant deferral / active EE

$8,007

$7,208+11.1%

$6,283+27.4%

$6,711+19.3%

Admin fee / account holder

$12,074

$15,125-20.2%

$10,011+20.6%

$11,407+5.8%

COUNTY LINE STONE SALARIED EMPLOYEES PROFIT SHARING AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COUNTY LINE STONE SALARIED EMPLOYEES PROFIT SHARING AND RETIREMENT 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