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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$789K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$368K

+73.5% from 2022

Total participants

+9.5% from 2022

Average account balance

$16,747

+49.8% from 2022

Annual return

56.08%

+74.92 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

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

$3K

$251 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.885%

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

$16,747

$106,247-84.2%

$96,515-82.6%

$139,466-88.0%

Participation rate

92.3%

77.8%+14.5pp

74.3%+18.0pp

80.3%+12.0pp

Annual return

56.08%

38.47%+17.6pp

35.73%+20.3pp

373.66%-317.6pp

Employer contribution / active EE

$1,290

$4,106-68.6%

$3,740-65.5%

$4,754-72.9%

Participant deferral / active EE

$1,555

$5,456-71.5%

$4,880-68.1%

$6,712-76.8%

Admin fee / account holder

$148

$7,885-98.1%

$6,735-97.8%

$11,409-98.7%

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