Retirement plan

JOHN E. GREEN COMPANY 401(K) PLAN

Name: JOHN E. GREEN COMPANY - JOHN E. GREEN COMPANY 401(K) PLAN (2024) Form 5500
Creator: JOHN E. GREEN COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN E. GREEN COMPANY 401(K) PLAN, JOHN E. GREEN COMPANY

JOHN E. GREEN COMPANYEIN 38-0607500Plan #002PY 2024

220 VICTOR STREET - HIGHLAND PARK, MI 48203248-763-1175LinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$47.8M

+20.4% from 2023

Total participants

230

+0.4% from 2023

Average account balance

$221,193

+19.8% from 2023

Annual return

15.69%

-6.96 pp from 2023

Benchmarks

See 3,448 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,448 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.78M

Not enough data

1 years with asset history on file

Average account balance

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

$221K

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.

216

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+15.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$499

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC4 years Service code 27 PO BOX 60071 · RALEIGH, NC 27675	Advisory (Plan)	$62,789
T ROWE PRICE RPS INC4 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$24,602
PLANTE & MORAN, PLLC4 years Filed as: PLANTE MORAN FINANCIAL ADVISORS Service code 10 16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693	Accounting	$20,500

Plan features & details

Pension benefit codes2E2G2J2K2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$108K

$559 / participant

Recordkeeping$25K22.8%
Investment mgmt$63K58.2%
Other / not subdivided$21K19.0%

% of EOY assets

0.226%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN LLC
Auditor EIN: 331498605
Audit fees: $20,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$221,193

$80,731+174.0%

$103,378+114.0%

$74,400+197.3%

Participation rate

92.7%

65.7%+27.1pp

74.5%+18.2pp

67.2%+25.5pp

Annual return

15.69%

27.56%-11.9pp

24.91%-9.2pp

1367.51%-1351.8pp

Employer contribution / active EE

$6,902

$3,159+118.5%

$3,870+78.3%

$2,624+163.0%

Participant deferral / active EE

$12,346

$3,862+219.7%

$5,058+144.1%

$4,348+183.9%

Admin fee / account holder

$499

$2,369-78.9%

$8,401-94.1%

$1,944-74.3%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC4 years

Service code 27

PO BOX 60071 · RALEIGH, NC 27675

Advisory (Plan)

$62,789

T ROWE PRICE RPS INC4 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$24,602

PLANTE & MORAN, PLLC4 years

Filed as: PLANTE MORAN FINANCIAL ADVISORS

Service code 10

16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693

Accounting

$20,500

JOHN E. GREEN COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN E. GREEN COMPANY 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