Retirement plan

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. - ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2024) Form 5500
Creator: ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC.EIN 31-1704374Plan #002PY 2024

8584 VIRGINIA MEADOWS - MANASSAS, VA 201097813703-335-2677acmemchanical.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

2 filings

#001Retirement-$5.2M assets #003Retirement-$2.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$37.7M

+33.3% from 2023

Total participants

219

+0.5% from 2023

Average account balance

$172,156

+32.6% from 2023

Annual return

28.29%

+23.90 pp from 2023

Benchmarks

See 3,444 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,444 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.70M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

219

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

$2.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+28.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$21,087
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL Service code 13 · EIN 42-0127290	Contract Administrator	$5,600

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$21K

$184 / participant

Contract admin$21K99.9%
Other / not subdivided$250.1%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BROWN, EDWARDS & COMPANY, LLP
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,156

$80,781+113.1%

$102,437+68.1%

$74,478+131.2%

Participation rate

100.0%

65.7%+34.3pp

74.5%+25.5pp

67.2%+32.8pp

Annual return

28.29%

27.58%+0.7pp

24.95%+3.3pp

1370.56%-1342.3pp

Employer contribution / active EE

$20,913

$3,160+561.8%

$3,871+440.3%

$2,626+696.3%

Participant deferral / active EE

$3,862-100.0%

$5,060-100.0%

$4,350-100.0%

Admin fee / account holder

$96

$2,372-95.9%

$8,388-98.9%

$1,946-95.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$21,087

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL

Service code 13 · EIN 42-0127290

Contract Administrator

$5,600

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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