Retirement plan

LANGLAS & ASSOCIATES, INC. PROFIT SHARING PLAN

Name: LANGLAS & ASSOCIATES, INC. - LANGLAS & ASSOCIATES, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: LANGLAS & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANGLAS & ASSOCIATES, INC. PROFIT SHARING PLAN, LANGLAS & ASSOCIATES, INC.

LANGLAS & ASSOCIATES, INC.EIN 42-1037529Plan #001PY 2020

2270 GRANT ROAD - BILLINGS, MT 59102406-656-0629

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.4M

+20.8% from 2019

Total participants

157

+16.3% from 2019

Average account balance

$91,493

+3.9% from 2019

Annual return

19.92%

-2.95 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.84M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

207

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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 2 by compensation

Provider	Service type	Compensation
BRADY MARTZ & ASSOCIATES2 years Filed as: BRADY MARTZ & ASSOCIATES, P.C. Service code 10 · EIN 45-0310328 401 DEMAERS AVENUE, SUITE 300 · GRAND FORKS, ND 58201	Accounting	$10,125
RANDALL & HURLEY, INC.3 years Service code 13 · EIN 91-1661080 828 GREAT NORTHERN BLVD · HELENA, MT 59601	Contract Administrator	$1,750

Plan features & details

Pension benefit codes2A2E3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$84 / participant

Contract admin$12K100.0%

% of EOY assets

0.082%

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: BRADY MARTZ & ASSOCIATES, P.C.
Auditor EIN: 450310328
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,493

$69,383+31.9%

$101,271-9.7%

$73,493+24.5%

Participation rate

100.0%

68.4%+31.6pp

75.8%+24.2pp

70.7%+29.3pp

Annual return

19.92%

18.46%+1.5pp

46.48%-26.6pp

28.51%-8.6pp

Employer contribution / active EE

$5,804

$2,628+120.8%

$3,660+58.6%

$2,270+155.7%

Participant deferral / active EE

$3,301-100.0%

$4,371-100.0%

$3,740-100.0%

Admin fee / account holder

$75

$704-89.3%

$5,948-98.7%

$513-85.4%

Provider

Service type

Compensation

BRADY MARTZ & ASSOCIATES2 years

Filed as: BRADY MARTZ & ASSOCIATES, P.C.

Service code 10 · EIN 45-0310328

401 DEMAERS AVENUE, SUITE 300 · GRAND FORKS, ND 58201

Accounting

$10,125

RANDALL & HURLEY, INC.3 years

Service code 13 · EIN 91-1661080

828 GREAT NORTHERN BLVD · HELENA, MT 59601

Contract Administrator

$1,750

LANGLAS & ASSOCIATES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANGLAS & ASSOCIATES, INC. PROFIT SHARING 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