Retirement plan

CHASSE BUILDING TEAM, INC. 401(K) PROFIT SHARING PLAN

Name: CHASSE BUILDING TEAM, INC. - CHASSE BUILDING TEAM, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: CHASSE BUILDING TEAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHASSE BUILDING TEAM, INC. 401(K) PROFIT SHARING PLAN, CHASSE BUILDING TEAM, INC.

CHASSE BUILDING TEAM, INC.EIN 26-0807763Plan #001PY 2023

230 S. SIESTA LANE - TEMPE, AZ 85281480-425-7777chasse.usLinkedIn51-200 employeesconstruction

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$22.1M

+33.5% from 2022

Total participants

269

+8.9% from 2022

Average account balance

$86,416

+18.9% from 2022

Annual return

23.51%

+38.73 pp from 2022

Benchmarks

See 6,234 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.54M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

283

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+17.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$317

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
MERCER2 years Filed as: MERCER GLOBAL ADVISORS INC Service code 27 · EIN 74-3257877	Advisory (Plan)	$50,000
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$25,008

Plan features & details

Pension benefit codes2E2F2G2J2S3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$75K

$338 / participant

Recordkeeping$25K33.3%
Investment mgmt$50K66.7%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS PC
Auditor EIN: 431947695
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,416

$91,424-5.5%

$135,942-36.4%

$71,495+20.9%

Participation rate

94.1%

75.7%+18.5pp

81.9%+12.2pp

67.9%+26.2pp

Annual return

23.51%

29.90%-6.4pp

68.28%-44.8pp

28.85%-5.3pp

Employer contribution / active EE

$5,461

$3,704+47.4%

$4,858+12.4%

$2,589+110.9%

Participant deferral / active EE

$9,673

$7,092+36.4%

$7,759+24.7%

$4,291+125.4%

Admin fee / account holder

$293

$1,266-76.9%

$10,764-97.3%

$1,588-81.5%

Provider

Service type

Compensation

MERCER2 years

Filed as: MERCER GLOBAL ADVISORS INC

Service code 27 · EIN 74-3257877

Advisory (Plan)

$50,000

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$25,008

CHASSE BUILDING TEAM, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHASSE BUILDING TEAM, INC. 401(K) 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