Retirement plan

ASPHALT SOLUTIONS, LLC 401 (K) PLAN

Name: ASPHALT SOLUTIONS, LLC - ASPHALT SOLUTIONS, LLC 401 (K) PLAN (2023) Form 5500
Creator: ASPHALT SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASPHALT SOLUTIONS, LLC 401 (K) PLAN, ASPHALT SOLUTIONS, LLC

ASPHALT SOLUTIONS, LLCEIN 20-8095446Plan #001PY 2023

1216 JAGUAR CT - WINTER SPRINGS, FL 32708321-228-4390

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$325K

+42.3% from 2022

Total participants

+40.0% from 2022

Average account balance

$54,094

-5.1% from 2022

Annual return

17.80%

+38.96 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$441K

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.91%

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 codes2E2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$54,094

$106,280-49.1%

$96,538-44.0%

$139,487-61.2%

Participation rate

85.7%

77.8%+7.9pp

74.3%+11.4pp

80.3%+5.4pp

Annual return

17.80%

38.48%-20.7pp

35.74%-17.9pp

373.84%-356.0pp

Employer contribution / active EE

$2,500

$4,107-39.1%

$3,740-33.2%

$4,755-47.4%

Participant deferral / active EE

$5,476

$5,457+0.4%

$4,880+12.2%

$6,713-18.4%

Admin fee / account holder

$7,888-100.0%

$6,737-100.0%

$11,407-100.0%

ASPHALT SOLUTIONS, LLC 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ASPHALT SOLUTIONS, LLC 401 (K) 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