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 (2022) 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 2022

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

Other plans on this EIN

1 filing

#001Retirement-$28.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$35.1M

+23.3% from 2021

Total participants

216

+12.5% from 2021

Average account balance

$169,724

+12.6% from 2021

Annual return

20.88%

+15.24 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26

$0 / participant

Other / not subdivided$26100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$169,724

$84,499+100.9%

$125,391+35.4%

$66,949+153.5%

Participation rate

95.1%

76.4%+18.7pp

82.4%+12.7pp

69.8%+25.3pp

Annual return

20.88%

-8.49%+29.4pp

572.41%-551.5pp

1.57%+19.3pp

Employer contribution / active EE

$5,468

$3,554+53.9%

$4,816+13.6%

$2,545+114.8%

Participant deferral / active EE

$6,785-100.0%

$7,448-100.0%

$4,239-100.0%

Admin fee / account holder

$685-100.0%

$10,009-100.0%

$594-100.0%

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