Retirement plan

DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC. 401(K) PLAN

Name: DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC. - DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC. 401(K) PLAN (2020) Form 5500
Creator: DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC. 401(K) PLAN, DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC.

DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC.EIN 32-0049087Plan #001PY 2020

1170 QUINTANA ROAD - MORRO BAY, CA 93442805-440-8635LinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$891K

+39.2% from 2019

Total participants

+10.8% from 2019

Average account balance

$24,079

+24.2% from 2019

Annual return

17.12%

-7.24 pp from 2019

Benchmarks

See 16,250 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,250 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.16M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

116.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$384K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$372

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$24K

$956 / participant

Other / not subdivided$24K100.0%

% of EOY assets

2.682%

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

$24,079

$72,269-66.7%

$101,271-76.2%

$79,852-69.8%

Participation rate

84.0%

68.5%+15.5pp

75.8%+8.2pp

69.6%+14.4pp

Annual return

17.12%

22.29%-5.2pp

46.48%-29.4pp

31.72%-14.6pp

Employer contribution / active EE

$1,930

$2,692-28.3%

$3,660-47.3%

$2,471-21.9%

Participant deferral / active EE

$4,684

$3,282+42.7%

$4,371+7.2%

$3,740+25.2%

Admin fee / account holder

$646

$4,401-85.3%

$5,948-89.1%

$5,306-87.8%

DAVID CRYE GENERAL ENGINEERING CONTRACTOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID CRYE GENERAL ENGINEERING CONTRACTOR, 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