Retirement plan

CHAUFFEURS TEAMSTERS WAREHOUSEMAN & HELPERS LOCAL UNION 135 PROFIT SHARING PLAN

Name: MT. CARMEL STABILIZATION GROUP, INC. - CHAUFFEURS TEAMSTERS WAREHOUSEMAN & HELPERS LOCAL UNION 135 PROFIT SHARING PLAN (2023) Form 5500
Creator: MT. CARMEL STABILIZATION GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAUFFEURS TEAMSTERS WAREHOUSEMAN & HELPERS LOCAL UNION 135 PROFIT SHARING PLAN, MT. CARMEL STABILIZATION GROUP, INC.

MT. CARMEL STABILIZATION GROUP, INC.EIN 37-1075731Plan #002PY 2023

1611 COLLEGE DRIVE - MT. CARMEL, IL 628630000618-262-5118mtcsg.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$16.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+19.9% from 2022

Total participants

-7.1% from 2022

Average account balance

$172,499

+29.1% from 2022

Annual return

15.64%

+33.77 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.28M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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

$225K

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

+17.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66547

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 codes2E2F2G3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$142K

$11847 / participant

Other / not subdivided$142K100.0%

% of EOY assets

6.339%

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

$172,499

$106,247+62.4%

$96,515+78.7%

$139,466+23.7%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

15.64%

38.47%-22.8pp

35.73%-20.1pp

373.66%-358.0pp

Employer contribution / active EE

$17,362

$4,106+322.8%

$3,740+364.3%

$4,754+265.2%

Participant deferral / active EE

$5,456-100.0%

$4,880-100.0%

$6,712-100.0%

Admin fee / account holder

$10,935

$7,885+38.7%

$6,735+62.4%

$11,409-4.1%

CHAUFFEURS TEAMSTERS WAREHOUSEMAN & HELPERS LOCAL UNION 135 PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAUFFEURS TEAMSTERS WAREHOUSEMAN & HELPERS LOCAL UNION 135 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