Retirement plan

TESSLER CONSTRUCTION CO. INC. 401(K) PROFIT SHARING PLAN

Name: TESSLER CONSTRUCTION CO. INC. - TESSLER CONSTRUCTION CO. INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: TESSLER CONSTRUCTION CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TESSLER CONSTRUCTION CO. INC. 401(K) PROFIT SHARING PLAN, TESSLER CONSTRUCTION CO. INC.

TESSLER CONSTRUCTION CO. INC.EIN 35-2206083Plan #001PY 2016

7705 SURINI LANE - BULL VALLEY, IL 60012815-276-3470

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$43K

No prior year

Total participants

No prior year

Average account balance

$3,866

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

171.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14656

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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$3,866

$99,345-96.1%

$84,753-95.4%

$273,972-98.6%

Participation rate

84.6%

80.7%+3.9pp

76.6%+8.0pp

83.0%+1.6pp

Annual return

0.00%

22.93%-22.9pp

22.78%-22.8pp

41.46%-41.5pp

Employer contribution / active EE

$665

$4,214-84.2%

$3,574-81.4%

$4,869-86.3%

Participant deferral / active EE

$2,582

$4,270-39.5%

$3,712-30.4%

$5,287-51.2%

Admin fee / account holder

$6,645-100.0%

$5,333-100.0%

$10,133-100.0%

TESSLER CONSTRUCTION CO. INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TESSLER CONSTRUCTION CO. INC. 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