Retirement plan

FREIGHT LIME AND SAND HAULING, INC. PROFIT SHARING/401(K) PLAN

Name: FREIGHT LIME AND SAND HAULING, INC. - FREIGHT LIME AND SAND HAULING, INC. PROFIT SHARING/401(K) PLAN (2023) Form 5500
Creator: FREIGHT LIME AND SAND HAULING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FREIGHT LIME AND SAND HAULING, INC. PROFIT SHARING/401(K) PLAN, FREIGHT LIME AND SAND HAULING, INC.

FREIGHT LIME AND SAND HAULING, INC.EIN 39-1597568Plan #001PY 2023

P.O. BOX 574 - GREEN LAKE, WI 54941920-294-0430LinkedIn51-200 employeespackage/freight delivery

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.5M

+11.3% from 2022

Total participants

398

0.0% from 2022

Average account balance

$14,467

+6.6% from 2022

Annual return

12.01%

+29.94 pp from 2022

Benchmarks

See 1,238 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,238 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.24M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

177

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.

87.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$494K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
THRIVENT INSURANCE AGENCY INC4 years Filed as: THRIVENT INSURANCE AGENCY INC. Service code 26 625 FOURTH AVE S. MS 720 · MINNEAPOLIS, MN 554151665	Advisory (Participants)	$12,685
NEWPORT GROUP, INC.4 years Service code 15 1350 TREAT BLVD · WALNUT CREEK, CA 945977959	Recordkeeping	$10,110

Plan features & details

Pension benefit codes2E2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$13K

$94 / participant

Investment mgmt$13K100.0%

% of EOY assets

0.237%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,467

$51,045-71.7%

$70,515-79.5%

$71,457-79.8%

Participation rate

86.2%

59.4%+26.8pp

68.3%+17.9pp

67.9%+18.3pp

Annual return

12.01%

42.63%-30.6pp

32.77%-20.8pp

28.85%-16.8pp

Employer contribution / active EE

$644

$1,790-64.0%

$2,973-78.3%

$2,588-75.1%

Participant deferral / active EE

$3,918

$3,026+29.5%

$4,567-14.2%

$4,289-8.6%

Admin fee / account holder

$34

$1,994-98.3%

$6,412-99.5%

$1,587-97.8%

Provider

Service type

Compensation

THRIVENT INSURANCE AGENCY INC4 years

Filed as: THRIVENT INSURANCE AGENCY INC.

Service code 26

625 FOURTH AVE S. MS 720 · MINNEAPOLIS, MN 554151665

Advisory (Participants)

$12,685

NEWPORT GROUP, INC.4 years

Service code 15

1350 TREAT BLVD · WALNUT CREEK, CA 945977959

Recordkeeping

$10,110

FREIGHT LIME AND SAND HAULING, INC. PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FREIGHT LIME AND SAND HAULING, INC. PROFIT SHARING/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