Retirement plan

LARSON ENGINEERING, INC. FIRST RESTATED EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: LARSON ENGINEERING, INC. - LARSON ENGINEERING, INC. FIRST RESTATED EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2019) Form 5500
Creator: LARSON ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LARSON ENGINEERING, INC. FIRST RESTATED EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, LARSON ENGINEERING, INC.

LARSON ENGINEERING, INC.EIN 41-1396375Plan #002PY 2019

3524 LABORE RD - WHITE BEAR LAKE, MN 55110651-481-9120larsonengr.comLinkedIn51-200 employeesdesign

Other plans on this EIN

1 filing

#001Retirement-$23.3M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$17.6M

+139.6% from 2018

Total participants

196

+4.3% from 2018

Average account balance

$92,438

+128.2% from 2018

Annual return

130.11%

-100.36 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.84M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

194

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

-7.11%

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 codes2E2F2I2P3H3I

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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,438

$89,652+3.1%

$141,197-34.5%

$65,186+41.8%

Participation rate

96.6%

74.7%+21.9pp

82.5%+14.2pp

70.2%+26.4pp

Annual return

130.11%

32.79%+97.3pp

71.41%+58.7pp

29.39%+100.7pp

Employer contribution / active EE

$4,010

$3,065+30.8%

$4,736-15.3%

$2,177+84.2%

Participant deferral / active EE

$5,691-100.0%

$6,710-100.0%

$3,514-100.0%

Admin fee / account holder

$569-100.0%

$10,265-100.0%

$847-100.0%

LARSON ENGINEERING, INC. FIRST RESTATED EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LARSON ENGINEERING, INC. FIRST RESTATED EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

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