Retirement plan

REES CONSTRUCTION CO. OF QUINCY PROFIT SHARING PLAN

Name: REES CONSTRUCTION CO. OF QUINCY - REES CONSTRUCTION CO. OF QUINCY PROFIT SHARING PLAN (2021) Form 5500
Creator: REES CONSTRUCTION CO. OF QUINCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REES CONSTRUCTION CO. OF QUINCY PROFIT SHARING PLAN, REES CONSTRUCTION CO. OF QUINCY

REES CONSTRUCTION CO. OF QUINCYEIN 37-0989986Plan #001PY 2021

517 KENTUCKY, P.O. BOX 646 - QUINCY, IL 62306217-222-0748LinkedIn1-10 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.7M

+37.3% from 2020

Total participants

0.0% from 2020

Average account balance

$289,456

+37.3% from 2020

Annual return

27.50%

+20.23 pp from 2020

Benchmarks

See 44,693 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,693 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.88M

Not enough data

1 years with asset history on file

Average account balance

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

$720K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$201K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$50K

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

+24.10%

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$33K

$8285 / participant

Other / not subdivided$33K100.0%

% of EOY assets

1.908%

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

$289,456

$124,351+132.8%

$109,188+165.1%

$167,553+72.8%

Participation rate

100.0%

79.4%+20.6pp

75.9%+24.1pp

82.1%+17.9pp

Annual return

27.50%

26.04%+1.5pp

25.76%+1.7pp

478.89%-451.4pp

Employer contribution / active EE

$23,986

$4,210+469.8%

$3,723+544.3%

$4,840+395.6%

Participant deferral / active EE

$15,250

$5,257+190.1%

$4,654+227.7%

$6,343+140.4%

Admin fee / account holder

$5,523

$7,975-30.7%

$6,755-18.2%

$12,316-55.2%

REES CONSTRUCTION CO. OF QUINCY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REES CONSTRUCTION CO. OF QUINCY 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