Retirement plan

SONNENBERG PAVING & LANDSCAPING MATERIALS CO. 401K / PROFIT SHARING PLAN

Name: SONNENBERG PAVING & LANDSCAPING MATERIALS CO. - SONNENBERG PAVING & LANDSCAPING MATERIALS CO. 401K / PROFIT SHARING PLAN (2023) Form 5500
Creator: SONNENBERG PAVING & LANDSCAPING MATERIALS CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SONNENBERG PAVING & LANDSCAPING MATERIALS CO. 401K / PROFIT SHARING PLAN, SONNENBERG PAVING & LANDSCAPING MATERIALS CO.

SONNENBERG PAVING & LANDSCAPING MATERIALS CO.EIN 37-1295823Plan #001PY 2023

1460 FRANK SCOTT PARKWAY WEST - BELLEVILLE, IL 622236815618-398-0838

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+20.5% from 2022

Total participants

0.0% from 2022

Average account balance

$154,511

+13.4% from 2022

Annual return

15.98%

+33.54 pp from 2022

Benchmarks

See 51,594 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,594 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.61M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28335

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 codes2E2F2J2G2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

$10K

$510 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.389%

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

$154,511

$106,267+45.4%

$96,520+60.1%

$139,456+10.8%

Participation rate

75.0%

77.8%-2.8pp

74.3%+0.7pp

80.3%-5.3pp

Annual return

15.98%

38.45%-22.5pp

35.72%-19.7pp

373.45%-357.5pp

Employer contribution / active EE

$1,571

$4,105-61.7%

$3,739-58.0%

$4,753-66.9%

Participant deferral / active EE

$3,329

$5,454-39.0%

$4,879-31.8%

$6,711-50.4%

Admin fee / account holder

$600

$7,882-92.4%

$6,733-91.1%

$11,407-94.7%

SONNENBERG PAVING & LANDSCAPING MATERIALS CO. 401K / PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SONNENBERG PAVING & LANDSCAPING MATERIALS CO. 401K / 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