Retirement plan

BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP. PROFIT SHARING PLAN

Name: BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP - BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP. PROFIT SHARING PLAN (2024) Form 5500
Creator: BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP. PROFIT SHARING PLAN, BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP

BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORPEIN 43-1338910Plan #001PY 2024

920 S HUGHES STREET - HAMILTON, MO 64644816-583-2123burdg-dunham.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.7M

+12.1% from 2023

Total participants

+13.0% from 2023

Average account balance

$91,716

+12.1% from 2023

Annual return

12.78%

-2.85 pp from 2023

Benchmarks

See 18,533 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,533 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.68M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

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.

106.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$233K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5034

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

0 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 codes2E2F2G2J2T3B3D

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).
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$257K

$5349 / participant

Other / not subdivided$257K100.0%

% of EOY assets

5.489%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,716

$81,487+12.6%

$102,412-10.4%

$80,935+13.3%

Participation rate

79.2%

66.8%+12.3pp

74.5%+4.7pp

67.7%+11.5pp

Annual return

12.78%

25.60%-12.8pp

24.94%-12.2pp

35.66%-22.9pp

Employer contribution / active EE

$2,822

$3,103-9.0%

$3,870-27.1%

$2,757+2.4%

Participant deferral / active EE

$2,025

$3,871-47.7%

$5,060-60.0%

$4,299-52.9%

Admin fee / account holder

$5,034

$6,717-25.1%

$8,388-40.0%

$6,924-27.3%

BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURDG, DUNHAM & ASSOCIATES CONSTRUCTION CORP. 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