Retirement plan

FOWLER AND SONS CONSTRUCTION, LLC 401(K) PLAN

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

FOWLER AND SONS CONSTRUCTION, LLCEIN 27-1189714Plan #001PY 2024

14028 130TH AVE NORTH - PALM BEACH GARDENS, FL 33418561-997-4420LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$1.4M assets

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$1.8M

+19.6% from 2023

Total participants

+40.0% from 2023

Average account balance

$256,996

-14.6% from 2023

Annual return

8.41%

-6.44 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

$1.80M

Not enough data

1 years with asset history on file

Average account balance

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

$257K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$168K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+8.41%

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 codes2E2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$256,996

$110,410+132.8%

$102,437+150.9%

$145,897+76.1%

Participation rate

100.0%

77.9%+22.1pp

74.5%+25.5pp

80.3%+19.7pp

Annual return

8.41%

24.85%-16.4pp

24.95%-16.5pp

552.29%-543.9pp

Employer contribution / active EE

$11,022

$4,217+161.4%

$3,871+184.8%

$4,663+136.4%

Participant deferral / active EE

$12,975

$5,622+130.8%

$5,060+156.4%

$6,689+94.0%

Admin fee / account holder

$9,745-100.0%

$8,388-100.0%

$13,390-100.0%

FOWLER AND SONS CONSTRUCTION, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FOWLER AND SONS CONSTRUCTION, LLC 401(K) 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