Retirement plan

SAND CREEK 401(K) PROFIT SHARING PLAN

Name: SAND CREEK POST & BEAM, INC - SAND CREEK 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SAND CREEK POST & BEAM, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAND CREEK 401(K) PROFIT SHARING PLAN, SAND CREEK POST & BEAM, INC

SAND CREEK POST & BEAM, INCEIN 20-0605646Plan #001PY 2024

116 W 1ST STREET - WAYNE, NE 68787888-489-1680

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.4M

+22.9% from 2023

Total participants

193

-11.1% from 2023

Average account balance

$65,538

+27.2% from 2023

Annual return

14.72%

-5.90 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.37M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

143

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

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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
RENAISSANCE4 years Filed as: RENAISSANCE FINANCIAL CORPORATION Service code 27 · EIN 43-1688273	Advisory (Plan)	$23,064
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081	Recordkeeping	$16,760

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$40K

$238 / participant

Recordkeeping$5K11.6%
Trustee / custodial$12K30.5%
Investment mgmt$23K57.9%

% of EOY assets

0.425%

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: FRANKEL LLC
Auditor EIN: 470574775
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,538

$80,748-18.8%

$102,383-36.0%

$74,429-11.9%

Participation rate

70.1%

65.7%+4.4pp

74.5%-4.4pp

67.2%+2.8pp

Annual return

14.72%

27.57%-12.8pp

24.94%-10.2pp

1368.38%-1353.7pp

Employer contribution / active EE

$2,405

$3,159-23.9%

$3,870-37.9%

$2,625-8.4%

Participant deferral / active EE

$3,957

$3,861+2.5%

$5,060-21.8%

$4,348-9.0%

Admin fee / account holder

$278

$2,371-88.3%

$8,391-96.7%

$1,944-85.7%

Provider

Service type

Compensation

RENAISSANCE4 years

Filed as: RENAISSANCE FINANCIAL CORPORATION

Service code 27 · EIN 43-1688273

Advisory (Plan)

$23,064

ALERUS FINANCIAL, N.A.4 years

Service code 15 · EIN 45-6062081

Recordkeeping

$16,760

SAND CREEK 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAND CREEK 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