Retirement plan

GESSLER CONSTRUCTION CO., INC. EMPLOYEES' PROFIT SHARING PLAN

Name: GESSLER CONSTRUCTION CO., INC. - GESSLER CONSTRUCTION CO., INC. EMPLOYEES' PROFIT SHARING PLAN (2020) Form 5500
Creator: GESSLER CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GESSLER CONSTRUCTION CO., INC. EMPLOYEES' PROFIT SHARING PLAN, GESSLER CONSTRUCTION CO., INC.

GESSLER CONSTRUCTION CO., INC.EIN 23-1908901Plan #001PY 2020

565 CONCHESTER HIGHWAY - BOOTHWYN, PA 19061610-497-2480LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$459K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$5.2M

+13.6% from 2019

Total participants

-11.1% from 2019

Average account balance

$327,459

+20.7% from 2019

Annual return

12.96%

-6.98 pp from 2019

Benchmarks

See 42,050 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,050 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.86M

Not enough data

1 years with asset history on file

Average account balance

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

$404K

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.

130.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6881

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 codes2E2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$91K

$7556 / participant

Other / not subdivided$91K100.0%

% of EOY assets

1.731%

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

$327,459

$115,780+182.8%

$101,255+223.4%

$158,931+106.0%

Participation rate

100.0%

79.4%+20.6pp

75.8%+24.2pp

82.0%+18.0pp

Annual return

12.96%

56.14%-43.2pp

46.48%-33.5pp

302.86%-289.9pp

Employer contribution / active EE

$2,357

$4,175-43.5%

$3,660-35.6%

$4,761-50.5%

Participant deferral / active EE

$6,117

$4,958+23.4%

$4,370+40.0%

$5,982+2.2%

Admin fee / account holder

$5,667

$7,246-21.8%

$5,946-4.7%

$11,247-49.6%

GESSLER CONSTRUCTION CO., INC. EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GESSLER CONSTRUCTION CO., INC. EMPLOYEES' 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