Retirement plan

LABB HOLDINGS, LLC 401(K) PROFIT SHARING PLAN

Name: LABB HOLDINGS, LLC - LABB HOLDINGS, LLC 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: LABB HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LABB HOLDINGS, LLC 401(K) PROFIT SHARING PLAN, LABB HOLDINGS, LLC

LABB HOLDINGS, LLCEIN 35-2354310Plan #002PY 2021

1070 CRIPPLE CREEK DR. - LAWRENCEVILLE, GA 30043678-407-3901mylabbhome.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$406K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$129K

+241.1% from 2020

Total participants

+20.0% from 2020

Average account balance

$21,420

+70.5% from 2020

Annual return

32.75%

+32.75 pp from 2020

Benchmarks

See 44,711 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,711 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$497K

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+6.30%

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$257

$43 / participant

Other / not subdivided$257100.0%

% of EOY assets

0.200%

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

$21,420

$124,314-82.8%

$109,163-80.4%

$167,518-87.2%

Participation rate

100.0%

79.4%+20.6pp

75.9%+24.1pp

82.1%+17.9pp

Annual return

32.75%

26.04%+6.7pp

25.75%+7.0pp

478.71%-446.0pp

Employer contribution / active EE

$5,749

$4,209+36.6%

$3,723+54.4%

$4,838+18.8%

Participant deferral / active EE

$7,334

$5,256+39.5%

$4,654+57.6%

$6,342+15.6%

Admin fee / account holder

$43

$7,973-99.5%

$6,754-99.4%

$12,312-99.7%

LABB HOLDINGS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LABB HOLDINGS, LLC 401(K) PROFIT SHARING 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