Retirement plan

CDM INVESTMENT GROUP, INC. 401(K) SAVINGS PLAN

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

CDM INVESTMENT GROUP, INC.EIN 20-0341760Plan #002PY 2024

13324 CHANDLER ROAD - OMAHA, NE 68138402-896-1614LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#004Retirement-$10.7M assets

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$30.9M

+100.4% from 2023

Total participants

357

+1.4% from 2023

Average account balance

$92,094

+96.8% from 2023

Annual return

89.22%

+91.09 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.81M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

346

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.31M

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

+10.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$759

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 2 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC6 years Filed as: CREATIVE PLANNING Service code 27 · EIN 20-3801104	Advisory (Plan)	$153,367
NEWPORT GROUP, INC.8 years Service code 15 · EIN 27-2037969	Recordkeeping	$51,967

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$205K

$769 / participant

Recordkeeping$8K3.7%
Investment mgmt$153K74.7%
Contract admin$44K21.6%

% of EOY assets

0.664%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,094

$82,979+11.0%

$102,383-10.0%

$77,714+18.5%

Participation rate

92.1%

71.5%+20.6pp

74.5%+17.6pp

70.6%+21.6pp

Annual return

89.22%

19.11%+70.1pp

24.94%+64.3pp

31.26%+58.0pp

Employer contribution / active EE

$3,550

$3,554-0.1%

$3,870-8.3%

$2,727+30.2%

Participant deferral / active EE

$7,739

$4,109+88.3%

$5,060+53.0%

$4,649+66.5%

Admin fee / account holder

$611

$639-4.3%

$8,391-92.7%

$433+41.0%

Provider

Service type

Compensation

CREATIVE PLANNING LLC6 years

Filed as: CREATIVE PLANNING

Service code 27 · EIN 20-3801104

Advisory (Plan)

$153,367

NEWPORT GROUP, INC.8 years

Service code 15 · EIN 27-2037969

Recordkeeping

$51,967

CDM INVESTMENT GROUP, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CDM INVESTMENT GROUP, 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