Retirement plan

KNUDSEN CONSTRUCTION, INC. 401(K) PLAN

Name: KNUDSEN CONSTRUCTION, INC. - KNUDSEN CONSTRUCTION, INC. 401(K) PLAN (2021) Form 5500
Creator: KNUDSEN CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KNUDSEN CONSTRUCTION, INC. 401(K) PLAN, KNUDSEN CONSTRUCTION, INC.

KNUDSEN CONSTRUCTION, INC.EIN 36-3763807Plan #002PY 2021

1440 HUNTINGTON DRIVE - CALUMET CITY, IL 60409708-730-0600knudsenconstruction.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$2.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$691K

+19.9% from 2020

Total participants

0.0% from 2020

Average account balance

$115,102

+19.9% from 2020

Annual return

14.44%

-3.48 pp from 2020

Benchmarks

See 44,702 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,702 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$800K

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+19.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$578

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 codes2F2G2J3D

Plan features

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$491 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.498%

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

$115,102

$124,330-7.4%

$109,173+5.4%

$167,536-31.3%

Participation rate

71.4%

79.5%-8.0pp

75.9%-4.5pp

82.1%-10.7pp

Annual return

14.44%

26.04%-11.6pp

25.75%-11.3pp

478.82%-464.4pp

Employer contribution / active EE

$4,209-100.0%

$3,723-100.0%

$4,839-100.0%

Participant deferral / active EE

$4,496

$5,256-14.5%

$4,654-3.4%

$6,342-29.1%

Admin fee / account holder

$573

$7,974-92.8%

$6,755-91.5%

$12,315-95.3%

KNUDSEN CONSTRUCTION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KNUDSEN CONSTRUCTION, 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