Retirement plan

FIVE STAR CONCRETE CONTRACTING INC. 401(K) PLAN

Name: FIVE STAR CONCRETE CONTRACTING INC. - FIVE STAR CONCRETE CONTRACTING INC. 401(K) PLAN (2021) Form 5500
Creator: FIVE STAR CONCRETE CONTRACTING INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIVE STAR CONCRETE CONTRACTING INC. 401(K) PLAN, FIVE STAR CONCRETE CONTRACTING INC.

FIVE STAR CONCRETE CONTRACTING INC.EIN 27-0173660Plan #001PY 2021

300 CARDINAL DR. STE 100 - ST CHARLES, IL 60175847-429-7400LinkedIn11-50 employeesconstruction

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+32.0% from 2020

Total participants

+5.4% from 2020

Average account balance

$48,758

+32.0% from 2020

Annual return

13.22%

-2.13 pp from 2020

Benchmarks

See 16,661 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,661 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.66M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

42.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$229K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$601

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$8K

$165 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.530%

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

$48,758

$78,672-38.0%

$109,163-55.3%

$85,856-43.2%

Participation rate

46.0%

68.3%-22.3pp

75.9%-29.9pp

69.3%-23.3pp

Annual return

13.22%

25.09%-11.9pp

25.75%-12.5pp

318.58%-305.4pp

Employer contribution / active EE

$1,912

$2,734-30.1%

$3,723-48.6%

$2,565-25.5%

Participant deferral / active EE

$2,517

$3,467-27.4%

$4,654-45.9%

$3,952-36.3%

Admin fee / account holder

$258

$5,470-95.3%

$6,754-96.2%

$6,261-95.9%

FIVE STAR CONCRETE CONTRACTING INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIVE STAR CONCRETE CONTRACTING 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