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 (2020) 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 2020

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

Other plans on this EIN

1 filing

#001Retirement-$27.4M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$24.4M

+39.1% from 2019

Total participants

198

+1.0% from 2019

Average account balance

$128,585

+39.1% from 2019

Annual return

34.92%

-95.19 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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 codes2I2P3I

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.
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

$128,585

$99,957+28.6%

$149,745-14.1%

$73,497+75.0%

Participation rate

95.6%

75.7%+19.9pp

82.5%+13.1pp

70.7%+24.9pp

Annual return

34.92%

53.87%-19.0pp

276.72%-241.8pp

28.51%+6.4pp

Employer contribution / active EE

$5,036

$3,191+57.8%

$4,646+8.4%

$2,270+121.8%

Participant deferral / active EE

$6,073-100.0%

$6,843-100.0%

$3,740-100.0%

Admin fee / account holder

$551-100.0%

$9,312-100.0%

$513-100.0%

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