Retirement plan

MARIS CONSTRUCTION I LLC PROFIT SHARING 401(K) PLAN

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

MARIS CONSTRUCTION I LLCEIN 26-3941839Plan #003PY 2024

1455 W. HUBBARD STREET, SECOND FLOOR - CHICAGO, IL 60642312-600-9366marisconstruction.netLinkedIn11-50 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$593K

+60.9% from 2023

Total participants

+17.4% from 2023

Average account balance

$22,804

+36.2% from 2023

Annual return

11.62%

-44.46 pp from 2023

Benchmarks

See 54,761 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,761 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$593K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

236.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+11.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$230

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 codes2E2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$545 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.011%

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

$22,804

$110,410-79.3%

$102,437-77.7%

$145,897-84.4%

Participation rate

90.9%

77.9%+13.0pp

74.5%+16.4pp

80.3%+10.6pp

Annual return

11.62%

24.85%-13.2pp

24.95%-13.3pp

552.29%-540.7pp

Employer contribution / active EE

$4,197

$4,217-0.5%

$3,871+8.4%

$4,663-10.0%

Participant deferral / active EE

$12,320

$5,622+119.2%

$5,060+143.5%

$6,689+84.2%

Admin fee / account holder

$230

$9,745-97.6%

$8,388-97.3%

$13,390-98.3%

MARIS CONSTRUCTION I LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARIS CONSTRUCTION I LLC PROFIT SHARING 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