Retirement plan

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

Name: GESSLER CONSTRUCTION CO., INC. - GESSLER CONSTRUCTION CO., INC. EMPLOYEES' PROFIT SHARING PLAN (2021) 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 2021

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

Other plans on this EIN

1 filing

#002Retirement-$475K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.1M

+16.5% from 2020

Total participants

+6.3% from 2020

Average account balance

$359,125

+9.7% from 2020

Annual return

16.58%

+3.62 pp from 2020

Benchmarks

See 44,693 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,693 peers

Snapshot2021

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

$133K

$11066 / participant

Other / not subdivided$133K100.0%

% of EOY assets

2.175%

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

$359,125

$124,351+188.8%

$109,188+228.9%

$167,553+114.3%

Participation rate

100.0%

79.4%+20.6pp

75.9%+24.1pp

82.1%+17.9pp

Annual return

16.58%

26.04%-9.5pp

25.76%-9.2pp

478.89%-462.3pp

Employer contribution / active EE

$2,082

$4,210-50.5%

$3,723-44.1%

$4,840-57.0%

Participant deferral / active EE

$6,020

$5,257+14.5%

$4,654+29.3%

$6,343-5.1%

Admin fee / account holder

$7,811

$7,975-2.1%

$6,755+15.6%

$12,316-36.6%

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