Retirement plan

TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN

Name: TRACHTE BUILDING SYSTEMS, INC. - TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: TRACHTE BUILDING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN, TRACHTE BUILDING SYSTEMS, INC.

TRACHTE BUILDING SYSTEMS, INC.EIN 39-0662360Plan #004PY 2023

314 WILBURN RD. - SUN PRAIRIE, WI 53590608-837-7899trachte.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

2 filings

#003Retirement-$28.1M assets #002Retirement-$6.0M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$331M

-96.6% from 2016

Total participants

265

-49.5% from 2016

Average account balance

$1,258,644

-93.1% from 2016

Annual return

37.83%

-2953.67 pp from 2016

Benchmarks

See 4,135 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,135 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$315.05M

Not enough data

1 years with asset history on file

Average account balance

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

$991K

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.

318

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

-0.82%

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

1 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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VRAKAS SC
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,258,644

$76,137+1553.1%

$96,564+1203.4%

$71,535+1659.5%

Participation rate

99.1%

74.4%+24.7pp

76.0%+23.1pp

67.9%+31.1pp

Annual return

37.83%

22.81%+15.0pp

25.89%+11.9pp

28.97%+8.9pp

Employer contribution / active EE

$24,841

$2,248+1005.2%

$2,967+737.3%

$2,590+859.1%

Participant deferral / active EE

$4,217-100.0%

$4,852-100.0%

$4,292-100.0%

Admin fee / account holder

$2,710-100.0%

$8,256-100.0%

$1,589-100.0%

TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion