Retirement plan

AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K PLAN

Name: HART BROTHERS CONSTRUCTION DBA AQUATIC TECHNOLOGIES - AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K PLAN (2024) Form 5500
Creator: HART BROTHERS CONSTRUCTION DBA AQUATIC TECHNOLOGIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K PLAN, HART BROTHERS CONSTRUCTION DBA AQUATIC TECHNOLOGIES

HART BROTHERS CONSTRUCTION DBA AQUATIC TECHNOLOGIESEIN 33-0778866Plan #001PY 2024

32232 PASEO ADELANTO STE A - SAN JUAN CAPISTRANO, CA 926753617949-493-9548

Other plans on this EIN

1 filing

#002Retirement-$5.3M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.9M

+24.0% from 2023

Total participants

170

+1.2% from 2023

Average account balance

$44,780

+23.1% from 2023

Annual return

13.68%

-4.21 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.87M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

131

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.

66.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$535K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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
SACKETT FINANCIAL ADVISORS6 years Service code 27 · EIN 82-3055547	Advisory (Plan)	$28,566
AMERICAN FUNDS6 years Service code 13 · EIN 95-6817943	Contract Administrator	$500

Plan features & details

Pension benefit codes2F2G2J2K3D2T2E

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$36K

$312 / participant

Contract admin$36K100.0%

% of EOY assets

0.617%

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: ROORDA, PIQUET & BESSEE, INC.
Auditor EIN: 330252865
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,780

$80,748-44.5%

$102,383-56.3%

$74,429-39.8%

Participation rate

66.4%

65.7%+0.7pp

74.5%-8.1pp

67.2%-0.8pp

Annual return

13.68%

27.57%-13.9pp

24.94%-11.3pp

1368.38%-1354.7pp

Employer contribution / active EE

$1,269

$3,159-59.8%

$3,870-67.2%

$2,625-51.6%

Participant deferral / active EE

$3,345

$3,861-13.4%

$5,060-33.9%

$4,348-23.1%

Admin fee / account holder

$276

$2,371-88.3%

$8,391-96.7%

$1,944-85.8%

Provider

Service type

Compensation

SACKETT FINANCIAL ADVISORS6 years

Service code 27 · EIN 82-3055547

Advisory (Plan)

$28,566

AMERICAN FUNDS6 years

Service code 13 · EIN 95-6817943

Contract Administrator

$500

AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K 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