Retirement plan

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN

Name: CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC. - SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN (2020) Form 5500
Creator: CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN, CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.

CONSTRUCTURAL DYNAMICS, INC. T/A SILVI CONCRETE PRODUCTS, INC.EIN 23-2286881Plan #003PY 2020

355 NEWBOLD ROAD - FAIRLESS HILLS, PA 19030215-295-0777LinkedIn201-500 employeesglass, ceramics & concrete

Other plans on this EIN

3 filings

#002Retirement-$25.1M assets #001Retirement-$18.2M assets #004Retirement-$56K assets

Prospect flagsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

+25.8% from 2019

Total participants

+16.9% from 2019

Average account balance

$23,564

+4.3% from 2019

Annual return

13.95%

-6.14 pp from 2019

Benchmarks

See 5,720 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,720 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.17M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

119.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$273K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1259

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 codes2C2G2T2F3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$27K

$331 / participant

Other / not subdivided$27K100.0%

% of EOY assets

1.291%

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

$23,564

$81,208-71.0%

$98,920-76.2%

$79,856-70.5%

Participation rate

97.5%

72.5%+25.0pp

76.0%+21.5pp

69.6%+27.9pp

Annual return

13.95%

60.99%-47.0pp

196.47%-182.5pp

31.71%-17.8pp

Employer contribution / active EE

$2,711

$1,960+38.4%

$2,689+0.8%

$2,471+9.7%

Participant deferral / active EE

$3,265-100.0%

$4,245-100.0%

$3,741-100.0%

Admin fee / account holder

$304

$6,013-94.9%

$6,643-95.4%

$5,306-94.3%

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVI CONCRETE PRODUCTS, INC. UNION MONEY PURCHASE 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