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 (2021) 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 2021

1 RADAR WAY - TINTON FALLS, NJ 07724732-222-4400

Other plans on this EIN

1 filing

#005Retirement-$73.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.9M

+10.3% from 2020

Total participants

211

+45.5% from 2020

Average account balance

$136,855

-24.2% from 2020

Annual return

14.52%

-15.62 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

$750

$4 / participant

Other / not subdivided$750100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOLMAN FRENIA ALLISON CPAS,LLC
Auditor EIN: 223480145
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,855

$77,677+76.2%

$109,173+25.4%

$79,391+72.4%

Participation rate

100.0%

67.8%+32.2pp

75.9%+24.1pp

70.7%+29.3pp

Annual return

14.52%

23.44%-8.9pp

25.75%-11.2pp

116.88%-102.4pp

Employer contribution / active EE

$3,793

$2,798+35.5%

$3,723+1.9%

$2,428+56.2%

Participant deferral / active EE

$3,805

$3,517+8.2%

$4,654-18.2%

$4,046-5.9%

Admin fee / account holder

$732-99.5%

$6,755-99.9%

$627-99.4%

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