Retirement plan

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

Name: J.F. KIELY CONSTRUCTION CO. - 401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION CO. (2024) Form 5500
Creator: J.F. KIELY CONSTRUCTION CO.
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 CO., J.F. KIELY CONSTRUCTION CO.

J.F. KIELY CONSTRUCTION CO.EIN 21-0652682Plan #004PY 2024

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

Other plans on this EIN

1 filing

#005Retirement-$14.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.2M

+21.1% from 2023

Total participants

134

-38.2% from 2023

Average account balance

$232,666

+94.3% from 2023

Annual return

19.28%

-0.35 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

$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

$306

$3 / participant

Contract admin$306100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 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
Auditor EIN: 223490145
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$232,666

$80,748+188.1%

$102,383+127.3%

$74,429+212.6%

Participation rate

100.0%

65.7%+34.3pp

74.5%+25.5pp

67.2%+32.8pp

Annual return

19.28%

27.57%-8.3pp

24.94%-5.7pp

1368.38%-1349.1pp

Employer contribution / active EE

$8,389

$3,159+165.5%

$3,870+116.8%

$2,625+219.6%

Participant deferral / active EE

$10,319

$3,861+167.3%

$5,060+104.0%

$4,348+137.3%

Admin fee / account holder

$2,371-99.9%

$8,391-100.0%

$1,944-99.9%

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

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 CO.

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