Retirement plan

HEPCO 401(K) RETIREMENT SAVINGS PLAN

Name: HEPCO QUARRIES, INC. - HEPCO 401(K) RETIREMENT SAVINGS PLAN (2022) Form 5500
Creator: HEPCO QUARRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEPCO 401(K) RETIREMENT SAVINGS PLAN, HEPCO QUARRIES, INC.

HEPCO QUARRIES, INC.EIN 20-0182149Plan #001PY 2022

418 MONTROSE ST. - NEW MILFORD, PA 18834484-614-6680

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$611K

-5.5% from 2021

Total participants

0.0% from 2021

Average account balance

$67,856

-5.5% from 2021

Annual return

-14.45%

-24.94 pp from 2021

Benchmarks

See 1,674 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,674 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$892K

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$67,856

$175,646-61.4%

$129,118-47.4%

$134,532-49.6%

Participation rate

100.0%

81.6%+18.4pp

77.2%+22.8pp

81.2%+18.8pp

Annual return

-14.45%

-11.39%-3.1pp

-10.94%-3.5pp

418.27%-432.7pp

Employer contribution / active EE

$2,809

$6,355-55.8%

$5,051-44.4%

$4,741-40.8%

Participant deferral / active EE

$8,718

$7,970+9.4%

$6,539+33.3%

$6,401+36.2%

Admin fee / account holder

$23,578-100.0%

$14,305-100.0%

$11,429-100.0%

HEPCO 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HEPCO 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion