Retirement plan

SUPER EXCAVATOR, INC. 401(K) PLAN

Name: SUPER EXCAVATOR, INC. - SUPER EXCAVATOR, INC. 401(K) PLAN (2024) Form 5500
Creator: SUPER EXCAVATOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPER EXCAVATOR, INC. 401(K) PLAN, SUPER EXCAVATOR, INC.

SUPER EXCAVATOR, INC.EIN 39-1050777Plan #002PY 2024

N59W 14601 BOBOLINK AVE - MENOMONEE FALLS, WI 53051262-252-3200

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$26.8M

+15.1% from 2023

Total participants

383

+35.3% from 2023

Average account balance

$131,500

+7.7% from 2023

Annual return

13.63%

-3.51 pp from 2023

Benchmarks

See 1,561 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.83M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

204

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.

43.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$231

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
VOYA RETIREMENT INSURANCE & ANNUITY5 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$25,188
GLOBAL RETIREMENT PARTNERS LLC5 years Filed as: GLOBAL RETIREMENT PARTNERS Service code 55 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903	Other Commissions	$14,250
SIKICH LLP2 years Filed as: SIKICH CPA, LLC Service code 10 · EIN 54-1172176	Accounting	$7,600

Plan features & details

Pension benefit codes2F2G2J2K2T3H2E

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$47K

$148 / participant

Contract admin$7501.6%
Other / not subdivided$46K98.4%

% of EOY assets

0.175%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,500

$83,023+58.4%

$102,437+28.4%

$77,762+69.1%

Participation rate

43.5%

71.5%-28.0pp

74.5%-31.0pp

70.6%-27.1pp

Annual return

13.63%

19.12%-5.5pp

24.95%-11.3pp

31.27%-17.6pp

Employer contribution / active EE

$1,992

$3,552-43.9%

$3,871-48.5%

$2,728-27.0%

Participant deferral / active EE

$3,239

$4,110-21.2%

$5,060-36.0%

$4,651-30.4%

Admin fee / account holder

$231

$639-63.9%

$8,388-97.3%

$433-46.7%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY5 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$25,188

GLOBAL RETIREMENT PARTNERS LLC5 years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 55

4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903

Other Commissions

$14,250

SIKICH LLP2 years

Filed as: SIKICH CPA, LLC

Service code 10 · EIN 54-1172176

Accounting

$7,600

SUPER EXCAVATOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPER EXCAVATOR, INC. 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