Retirement plan

MULTIPLE CONCRETE ACCESS. CORP. P/S 401(K) SAL. RED. PLAN

Name: MULTIPLE CONCRETE ACCESSORIES CORPORATION - MULTIPLE CONCRETE ACCESS. CORP. P/S 401(K) SAL. RED. PLAN (2023) Form 5500
Creator: MULTIPLE CONCRETE ACCESSORIES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MULTIPLE CONCRETE ACCESS. CORP. P/S 401(K) SAL. RED. PLAN, MULTIPLE CONCRETE ACCESSORIES CORPORATION

MULTIPLE CONCRETE ACCESSORIES CORPORATIONEIN 36-4249261Plan #001PY 2023

20284 N RAND ROAD - PALATINE, IL 60074847-438-2000LinkedIn11-50 employeesconstruction

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$4.2M

+26.1% from 2022

Total participants

-4.8% from 2022

Average account balance

$119,770

+22.5% from 2022

Annual return

22.24%

+42.44 pp from 2022

Benchmarks

See 9,480 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,480 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.98M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

109.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$140K

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

+17.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2942

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$129 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.095%

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

$119,770

$65,575+82.6%

$86,209+38.9%

$75,181+59.3%

Participation rate

83.9%

60.5%+23.4pp

69.0%+14.9pp

67.2%+16.7pp

Annual return

22.24%

46.07%-23.8pp

1169.05%-1146.8pp

160.69%-138.4pp

Employer contribution / active EE

$1,553-100.0%

$2,381-100.0%

$2,671-100.0%

Participant deferral / active EE

$4,296

$3,023+42.1%

$3,986+7.8%

$4,126+4.1%

Admin fee / account holder

$114

$5,470-97.9%

$6,853-98.3%

$5,650-98.0%

MULTIPLE CONCRETE ACCESS. CORP. P/S 401(K) SAL. RED. PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MULTIPLE CONCRETE ACCESS. CORP. P/S 401(K) SAL. RED. 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