Retirement plan

DESIMONE CONSTRUCTION COMPANY, LLC 401(K) PROFIT SHARING PLAN

Name: DESIMONE CONSTRUCTION COMPANY, LLC - DESIMONE CONSTRUCTION COMPANY, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: DESIMONE CONSTRUCTION COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DESIMONE CONSTRUCTION COMPANY, LLC 401(K) PROFIT SHARING PLAN, DESIMONE CONSTRUCTION COMPANY, LLC

DESIMONE CONSTRUCTION COMPANY, LLCEIN 22-2701557Plan #001PY 2022

711A MANTUA PIKE - WEST DEPTFORD, NJ 08096856-848-6855desimoneconstruct.comLinkedIn1-10 employeesconstruction

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$96K

No prior year

Total participants

No prior year

Average account balance

$8,761

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$439K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1163

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 codes2E2J2F2G2R3D

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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$110

$7 / participant

Other / not subdivided$110100.0%

% of EOY assets

0.114%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$8,761

$133,981-93.5%

$112,249-92.2%

$134,532-93.5%

Participation rate

73.3%

78.6%-5.2pp

75.1%-1.7pp

81.2%-7.9pp

Annual return

0.00%

47.16%-47.2pp

27.48%-27.5pp

418.27%-418.3pp

Employer contribution / active EE

$1,566

$4,040-61.2%

$3,636-56.9%

$4,741-67.0%

Participant deferral / active EE

$4,894

$5,292-7.5%

$4,729+3.5%

$6,401-23.5%

Admin fee / account holder

$10

$7,492-99.9%

$6,412-99.8%

$11,429-99.9%

DESIMONE CONSTRUCTION COMPANY, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESIMONE CONSTRUCTION COMPANY, LLC 401(K) PROFIT SHARING 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