Retirement plan

REYNOLDS CONSTRUCTION MANAGEMENT 401K PROFIT SHARING PLAN

Name: REYNOLDS CONSTRUCTION MANAGEMENT SERVICES - REYNOLDS CONSTRUCTION MANAGEMENT 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: REYNOLDS CONSTRUCTION MANAGEMENT SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REYNOLDS CONSTRUCTION MANAGEMENT 401K PROFIT SHARING PLAN, REYNOLDS CONSTRUCTION MANAGEMENT SERVICES

REYNOLDS CONSTRUCTION MANAGEMENT SERVICESEIN 26-1483726Plan #001PY 2024

4402 S TECHNOLOGY DR - SIOUX FALLS, SD 57106605-553-7700reynoldsconstructionmanagement.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$558K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+58.8% from 2023

Total participants

+13.9% from 2023

Average account balance

$35,188

+11.1% from 2023

Annual return

12.67%

-22.45 pp from 2023

Benchmarks

See 18,533 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,533 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.41M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$439K

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

+12.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1360

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 codes2E2F2G2J3D

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.
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

$54K

$1327 / participant

Other / not subdivided$54K100.0%

% of EOY assets

3.866%

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

$35,188

$81,487-56.8%

$102,412-65.6%

$80,935-56.5%

Participation rate

97.6%

66.8%+30.7pp

74.5%+23.1pp

67.7%+29.9pp

Annual return

12.67%

25.60%-12.9pp

24.94%-12.3pp

35.66%-23.0pp

Employer contribution / active EE

$6,179

$3,103+99.1%

$3,870+59.7%

$2,757+124.1%

Participant deferral / active EE

$4,530

$3,871+17.0%

$5,060-10.5%

$4,299+5.4%

Admin fee / account holder

$1,360

$6,717-79.7%

$8,388-83.8%

$6,924-80.4%

REYNOLDS CONSTRUCTION MANAGEMENT 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REYNOLDS CONSTRUCTION MANAGEMENT 401K 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