Retirement plan

JOHN ANDERSON CONSTRUCTION, INC 401(K) PLAN

Name: JOHN ANDERSON CONSTRUCTION, INC - JOHN ANDERSON CONSTRUCTION, INC 401(K) PLAN (2020) Form 5500
Creator: JOHN ANDERSON CONSTRUCTION, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN ANDERSON CONSTRUCTION, INC 401(K) PLAN, JOHN ANDERSON CONSTRUCTION, INC

JOHN ANDERSON CONSTRUCTION, INCEIN 26-3725189Plan #003PY 2020

PO BOX 676 - WARREN, PA 16365814-728-6050johnandersonconstruction.comLinkedIn1-10 employeesoil & energy

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$6.3M

+35.1% from 2019

Total participants

114

-6.6% from 2019

Average account balance

$65,425

+32.3% from 2019

Annual return

26.31%

-1.02 pp from 2019

Benchmarks

See 16,249 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.88M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

101

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.

136.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12866

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

Top 1 by compensation

Provider	Service type	Compensation
MINNESOTA LIFE INSURANCE COMPANY1 year Service code 13 · EIN 41-0417830	Contract Administrator	$1,086

Plan features & details

Pension benefit codes2E2J3D3H2G2T2F

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$13 / participant

Contract admin$1K100.0%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

1 / 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: KERSEY & ASSOCIATES, PC
Auditor EIN: 251874952
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,425

$72,273-9.5%

$101,275-35.4%

$79,856-18.1%

Participation rate

79.8%

68.5%+11.3pp

75.8%+4.0pp

69.6%+10.1pp

Annual return

26.31%

22.30%+4.0pp

46.48%-20.2pp

31.71%-5.4pp

Employer contribution / active EE

$3,192

$2,691+18.6%

$3,660-12.8%

$2,471+29.2%

Participant deferral / active EE

$4,049

$3,282+23.4%

$4,371-7.4%

$3,741+8.2%

Admin fee / account holder

$11

$4,401-99.7%

$5,948-99.8%

$5,306-99.8%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 41-0417830

Contract Administrator

$1,086

JOHN ANDERSON CONSTRUCTION, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN ANDERSON CONSTRUCTION, INC 401(K) 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