Retirement plan

VALCON CONSTRUCTION ADVISORS 401(K) PROFIT SHARING PLAN

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

VALCON CONSTRUCTION ADVISORS, INC.EIN 27-1120658Plan #003PY 2020

181 WESTCHESTER AVENUE, SUITE 403B - PORT CHESTER, NY 10573212-594-0834

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+19.5% from 2019

Total participants

+10.0% from 2019

Average account balance

$188,629

+19.5% from 2019

Annual return

14.81%

-11.63 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90M

Not enough data

1 years with asset history on file

Average account balance

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

$380K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+94.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2T3D

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).
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).

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

$188,629

$165,399+14.0%

$149,745+26.0%

$158,982+18.6%

Participation rate

62.5%

84.6%-22.1pp

82.5%-20.0pp

82.0%-19.5pp

Annual return

14.81%

348.34%-333.5pp

276.72%-261.9pp

302.99%-288.2pp

Employer contribution / active EE

$1,689

$5,105-66.9%

$4,646-63.7%

$4,763-64.5%

Participant deferral / active EE

$5,693

$7,183-20.7%

$6,843-16.8%

$5,983-4.9%

Admin fee / account holder

$10,811-100.0%

$9,312-100.0%

$11,252-100.0%

VALCON CONSTRUCTION ADVISORS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VALCON CONSTRUCTION ADVISORS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion