Retirement plan

CAJUN INDUSTRIES HOLDINGS, LLC 401(K) PLAN

Name: CAJUN INDUSTRIES HOLDINGS, LLC - CAJUN INDUSTRIES HOLDINGS, LLC 401(K) PLAN (2020) Form 5500
Creator: CAJUN INDUSTRIES HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAJUN INDUSTRIES HOLDINGS, LLC 401(K) PLAN, CAJUN INDUSTRIES HOLDINGS, LLC

CAJUN INDUSTRIES HOLDINGS, LLCEIN 20-5899788Plan #001PY 2020

PO BOX 104 - BATON ROUGE, LA 70821225-753-5857cajunusa.comLinkedIn1001-5000 employeesconstruction

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$46.5M

-1.1% from 2019

Total participants

1,355

-25.6% from 2019

Average account balance

$53,410

+6.7% from 2019

Annual return

10.24%

-9.06 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.49M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

1,004

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.

41.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
AVANTAX INSURANCE AGENCY LLC1 year Filed as: AVANTAX ADVISORY SERVICES INC. Service code 49 · EIN 72-2176682	Other Services	$63,750
1ST SOURCE BANK6+ years Filed as: 1ST GLOBAL ADVISORS, INC. Service code 99 · EIN 72-2428870	Other Fees	$28,333

Plan features & details

Pension benefit codes3D2E2F2G2J2K

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$175K

$179 / participant

Contract admin$175K100.0%

% of EOY assets

0.377%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HANNIS T BOURGEOIS, LLP
Auditor EIN: 720636725
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,410

$91,517-41.6%

$101,264-47.3%

$73,412-27.2%

Participation rate

50.5%

73.8%-23.3pp

75.8%-25.3pp

72.2%-21.7pp

Annual return

10.24%

17.17%-6.9pp

46.48%-36.2pp

59.30%-49.1pp

Employer contribution / active EE

$926

$2,877-67.8%

$3,660-74.7%

$2,234-58.5%

Participant deferral / active EE

$3,173

$3,338-4.9%

$4,370-27.4%

$3,806-16.6%

Admin fee / account holder

$201

$216-6.8%

$5,947-96.6%

$158+27.4%

Provider

Service type

Compensation

AVANTAX INSURANCE AGENCY LLC1 year

Filed as: AVANTAX ADVISORY SERVICES INC.

Service code 49 · EIN 72-2176682

Other Services

$63,750

1ST SOURCE BANK6+ years

Filed as: 1ST GLOBAL ADVISORS, INC.

Service code 99 · EIN 72-2428870

Other Fees

$28,333

CAJUN INDUSTRIES HOLDINGS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAJUN INDUSTRIES HOLDINGS, LLC 401(K) 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