Retirement plan

ALAMO 1 401(K) PROFIT SHARING PLAN

Name: ALAMO ENVIRONMENTAL, INC. - ALAMO 1 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: ALAMO ENVIRONMENTAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALAMO 1 401(K) PROFIT SHARING PLAN, ALAMO ENVIRONMENTAL, INC.

ALAMO ENVIRONMENTAL, INC.dba DBA ALAMO 1EIN 20-0334965Plan #001PY 2023

2900 NACOGDOCHES - SAN ANTONIO, TX 78217210-404-1220LinkedIn51-200 employeesconstruction

Prospect flagsLow employer contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$2.9M

+25.5% from 2022

Total participants

232

+24.7% from 2022

Average account balance

$15,036

-1.6% from 2022

Annual return

20.29%

+39.00 pp from 2022

Benchmarks

See 1,361 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,361 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.64M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

221

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$382K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
BENEFIT PLAN ADMINISTRATORS8+ years Filed as: BENEFIT PLAN ADMINISTRATIVE SERVICE Service code 12 · EIN 16-1503696	Claims processing; Recordkeeping fees...	$10,144

Plan features & details

Pension benefit codes2E2J2K2F2G3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$49 / participant

Investment mgmt$6K61.4%
Contract admin$4K38.6%

% of EOY assets

0.346%

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: APRIO LLP
Auditor EIN: 571157523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,036

$41,150-63.5%

$80,627-81.4%

$71,511-79.0%

Participation rate

82.0%

50.3%+31.7pp

67.0%+14.9pp

67.9%+14.0pp

Annual return

20.29%

38.48%-18.2pp

936.76%-916.5pp

28.86%-8.6pp

Employer contribution / active EE

$115

$1,515-92.4%

$2,723-95.8%

$2,589-95.5%

Participant deferral / active EE

$1,587

$2,701-41.3%

$4,443-64.3%

$4,291-63.0%

Admin fee / account holder

$52

$1,841-97.2%

$5,381-99.0%

$1,588-96.7%

Provider

Service type

Compensation

BENEFIT PLAN ADMINISTRATORS8+ years

Filed as: BENEFIT PLAN ADMINISTRATIVE SERVICE

Service code 12 · EIN 16-1503696

Claims processing; Recordkeeping fees...

$10,144

ALAMO 1 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALAMO 1 401(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