Retirement plan

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

Name: J.F.KIELY CONSTRUCTION COMPANY - 401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY (2020) Form 5500
Creator: J.F.KIELY CONSTRUCTION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY, J.F.KIELY CONSTRUCTION COMPANY

J.F.KIELY CONSTRUCTION COMPANYEIN 21-0652682Plan #004PY 2020

700 MCCLELLAN STREET - LONG BRANCH, NJ 07740732-222-4400

Other plans on this EIN

1 filing

#005Retirement-$58.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.2M

+10.7% from 2019

Total participants

145

-11.0% from 2019

Average account balance

$180,526

+24.4% from 2019

Annual return

30.13%

-6.29 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.18M

Not enough data

1 years with asset history on file

Average account balance

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

$233K

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.

134

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+19.28%

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

1 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 codes2E2F2G2J3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$181

$1 / participant

Other / not subdivided$181100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 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: HOLMAN FRENIA ALLISON CPAS,LLC
Auditor EIN: 223480145
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$180,526

$69,383+160.2%

$101,275+78.3%

$73,497+145.6%

Participation rate

100.0%

68.4%+31.6pp

75.8%+24.2pp

70.7%+29.3pp

Annual return

30.13%

18.46%+11.7pp

46.48%-16.3pp

28.51%+1.6pp

Employer contribution / active EE

$5,323

$2,628+102.5%

$3,660+45.4%

$2,270+134.5%

Participant deferral / active EE

$4,863

$3,301+47.3%

$4,371+11.3%

$3,740+30.0%

Admin fee / account holder

$704-99.8%

$5,948-100.0%

$513-99.8%

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

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