Retirement plan

GRANITE WORLD 401(K) PLAN

Name: NIENABER INVESTMENTS, LLC DBA GRANITE WORLD - GRANITE WORLD 401(K) PLAN (2020) Form 5500
Creator: NIENABER INVESTMENTS, LLC DBA GRANITE WORLD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRANITE WORLD 401(K) PLAN, NIENABER INVESTMENTS, LLC DBA GRANITE WORLD

NIENABER INVESTMENTS, LLC DBA GRANITE WORLDEIN 26-0810059Plan #001PY 2020

1450 DIXIE HIGHWAY - PARK HILLS, KY 41011859-371-7444

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$167K

+139.7% from 2019

Total participants

+7.7% from 2019

Average account balance

$12,839

+102.8% from 2019

Annual return

25.01%

+25.01 pp from 2019

Benchmarks

See 42,043 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,043 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$12,839

$115,796-88.9%

$101,264-87.3%

$158,950-91.9%

Participation rate

91.7%

79.4%+12.3pp

75.8%+15.9pp

82.0%+9.7pp

Annual return

25.01%

56.15%-31.1pp

46.48%-21.5pp

302.91%-277.9pp

Employer contribution / active EE

$1,987

$4,175-52.4%

$3,660-45.7%

$4,762-58.3%

Participant deferral / active EE

$4,667

$4,958-5.9%

$4,370+6.8%

$5,983-22.0%

Admin fee / account holder

$7,247-100.0%

$5,947-100.0%

$11,248-100.0%

GRANITE WORLD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GRANITE WORLD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion