Retirement plan

I.E. HOLDING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: INTERSTATE ENGINEERING, INC. - I.E. HOLDING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2021) Form 5500
Creator: INTERSTATE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.E. HOLDING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, INTERSTATE ENGINEERING, INC.

INTERSTATE ENGINEERING, INC.EIN 45-0333441Plan #004PY 2021

1903 12TH AVENUE SW - JAMESTOWN, ND 584016114701-252-0234interstateeng.comLinkedIn51-200 employeescivil engineering

Other plans on this EIN

3 filings

#001Retirement-$11.5M assets #005Retirement--#006Retirement--

Prospect flagsLow participant contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$37.7M

+44.4% from 2020

Total participants

157

+118.1% from 2020

Average account balance

$241,366

-33.4% from 2020

Annual return

53.84%

+45.74 pp from 2020

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.18M

Not enough data

1 years with asset history on file

Average account balance

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

$258K

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.

179

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$359K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32

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 codes2I2P2Q3H3I

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.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$241,366

$104,479+131.0%

$159,474+51.4%

$79,391+204.0%

Participation rate

99.0%

76.6%+22.4pp

82.8%+16.2pp

70.7%+28.3pp

Annual return

53.84%

67.98%-14.1pp

263.68%-209.8pp

116.88%-63.0pp

Employer contribution / active EE

$3,687

$3,417+7.9%

$4,831-23.7%

$2,428+51.9%

Participant deferral / active EE

$6,468-100.0%

$7,353-100.0%

$4,046-100.0%

Admin fee / account holder

$711-100.0%

$10,802-100.0%

$627-100.0%

I.E. HOLDING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.E. HOLDING COMPANY, INC. 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