Retirement plan

BENCHMARK CONSTRUCTION COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: BENCHMARK CONSTRUCTION COMPANY, INC - BENCHMARK CONSTRUCTION COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: BENCHMARK CONSTRUCTION COMPANY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENCHMARK CONSTRUCTION COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN, BENCHMARK CONSTRUCTION COMPANY, INC

BENCHMARK CONSTRUCTION COMPANY, INCEIN 23-2340065Plan #001PY 2015

P O BOX 806 - BROWNSTOWN, PA 17508717-626-9559benchmarkgc.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$230K assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 27, 2024 (most recent of 2 filings on file)

Plan administrator

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4121 Oregon Pike

Brownstown, PA 17508

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Plans declared (1)

Nonqualified Deferred Compensation Plan10 emp

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Total assets (EOY)

$8.9M

No prior year

Total participants

172

No prior year

Average account balance

$61,615

No prior year

Annual return

-1.08%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.05M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

236

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$272

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMPREHENSIVE FINANCIAL PLANNING1+ years Service code 26 · EIN 23-2286563	Advisory (Participants)	$25,583
MVP PLAN ADMINISTRATORS, INC.1+ years Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714	Contract Administrator	$0
MVP PLAN ADMINISTRATORS, INC.1+ years Service code 13	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2J2G2K3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$37K

$240 / participant

Investment mgmt$34K93.2%
Contract admin$2K6.7%
Other / not subdivided$320.1%

% of EOY assets

0.415%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WALZ GROUP
Auditor EIN: 232489722
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,615

$50,464+22.1%

$75,784-18.7%

$52,331+17.7%

Participation rate

81.7%

66.8%+14.9pp

75.8%+5.9pp

68.1%+13.6pp

Annual return

-1.08%

1.03%-2.1pp

9.68%-10.8pp

4.54%-5.6pp

Employer contribution / active EE

$1,143

$1,988-42.5%

$3,323-65.6%

$1,882-39.3%

Participant deferral / active EE

$3,780

$2,570+47.1%

$3,652+3.5%

$3,022+25.1%

Admin fee / account holder

$255

$1,103-76.8%

$5,300-95.2%

$592-56.8%

Provider

Service type

Compensation

COMPREHENSIVE FINANCIAL PLANNING1+ years

Service code 26 · EIN 23-2286563

Advisory (Participants)

$25,583

MVP PLAN ADMINISTRATORS, INC.1+ years

Filed as: MVP PLAN ADMINISTRATORS, INC

Service code 13 · EIN 56-2263714

Contract Administrator

MVP PLAN ADMINISTRATORS, INC.1+ years

Service code 13

Contract Administrator

BENCHMARK CONSTRUCTION COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENCHMARK CONSTRUCTION COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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