Retirement plan

INFRASTRUCTURE ALTERNATIVES 401(K) PLAN

Name: INFRASTRUCTURE ALTERNATIVES - INFRASTRUCTURE ALTERNATIVES 401(K) PLAN (2023) Form 5500
Creator: INFRASTRUCTURE ALTERNATIVES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFRASTRUCTURE ALTERNATIVES 401(K) PLAN, INFRASTRUCTURE ALTERNATIVES

INFRASTRUCTURE ALTERNATIVESEIN 38-3535922Plan #001PY 2023

7888 CHILDSDALE NE - ROCKFORD, MI 49341616-866-1600iaiwater.comLinkedIn51-200 employeesenvironmental services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.6M

+5.0% from 2022

Total participants

112

+2.8% from 2022

Average account balance

$72,849

+3.0% from 2022

Annual return

23.61%

+45.96 pp from 2022

Benchmarks

See 28,708 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.12M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

76.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$514K

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

+18.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14568

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 codes2E2F2G2J2T3D2R

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.

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

$1.9M

$24216 / participant

Other / not subdivided$2M100.0%

% of EOY assets

25.251%

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

$72,849

$93,598-22.2%

$135,974-46.4%

$75,173-3.1%

Participation rate

89.9%

75.2%+14.7pp

81.9%+8.0pp

67.2%+22.7pp

Annual return

23.61%

30.89%-7.3pp

68.30%-44.7pp

160.72%-137.1pp

Employer contribution / active EE

$2,567

$3,538-27.5%

$4,859-47.2%

$2,671-3.9%

Participant deferral / active EE

$4,614

$6,405-28.0%

$7,760-40.5%

$4,126+11.8%

Admin fee / account holder

$18,395

$6,978+163.6%

$10,767+70.9%

$5,651+225.5%

INFRASTRUCTURE ALTERNATIVES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFRASTRUCTURE ALTERNATIVES 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