Retirement plan

NORTH STAR CONSTRUCTION MANAGEMENT, INC.401K PLAN

Name: NORTH STAR CONSTRUCTION MANAGEMENT, INC - NORTH STAR CONSTRUCTION MANAGEMENT, INC.401K PLAN (2022) Form 5500
Creator: NORTH STAR CONSTRUCTION MANAGEMENT, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH STAR CONSTRUCTION MANAGEMENT, INC.401K PLAN, NORTH STAR CONSTRUCTION MANAGEMENT, INC

NORTH STAR CONSTRUCTION MANAGEMENT, INCEIN 23-2431396Plan #001PY 2022

645 HAMILTON ST STE 208 - ALLENTOWN, PA 181012192610-395-7005northstarcm.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.6M

-3.5% from 2021

Total participants

+4.9% from 2021

Average account balance

$147,137

-3.5% from 2021

Annual return

-9.55%

-17.30 pp from 2021

Benchmarks

See 17,344 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort17,344 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.84M

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$633K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+9.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7315

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 codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$97K

$2932 / participant

Other / not subdivided$97K100.0%

% of EOY assets

1.730%

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

$147,137

$64,719+127.3%

$112,249+31.1%

$68,486+114.8%

Participation rate

84.8%

67.2%+17.7pp

75.1%+9.8pp

67.9%+17.0pp

Annual return

-9.55%

-11.40%+1.8pp

27.48%-37.0pp

-7.85%-1.7pp

Employer contribution / active EE

$4,005

$2,747+45.8%

$3,636+10.1%

$2,597+54.2%

Participant deferral / active EE

$9,510

$3,565+166.8%

$4,729+101.1%

$4,028+136.1%

Admin fee / account holder

$2,546

$5,232-51.3%

$6,412-60.3%

$5,404-52.9%

NORTH STAR CONSTRUCTION MANAGEMENT, INC.401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH STAR CONSTRUCTION MANAGEMENT, INC.401K 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