Retirement plan

CITY HILL EXCAVATING INC. 401(K) PLAN

Name: CITY HILL EXCAVATING INC. - CITY HILL EXCAVATING INC. 401(K) PLAN (2021) Form 5500
Creator: CITY HILL EXCAVATING INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY HILL EXCAVATING INC. 401(K) PLAN, CITY HILL EXCAVATING INC.

CITY HILL EXCAVATING INC.EIN 46-2399530Plan #001PY 2021

2199 STATE ROUTE 14 - PENN YAN, NY 14527315-536-3694LinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+43.8% from 2020

Total participants

+4.3% from 2020

Average account balance

$27,835

+25.5% from 2020

Annual return

25.36%

+5.15 pp from 2020

Benchmarks

See 16,661 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,661 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

138.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$552K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1231

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 codes2E2F2G2J3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$95K

$2489 / participant

Other / not subdivided$95K100.0%

% of EOY assets

7.231%

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

$27,835

$78,672-64.6%

$109,163-74.5%

$85,856-67.6%

Participation rate

94.7%

68.3%+26.5pp

75.9%+18.9pp

69.3%+25.4pp

Annual return

25.36%

25.09%+0.3pp

25.75%-0.4pp

318.58%-293.2pp

Employer contribution / active EE

$5,133

$2,734+87.8%

$3,723+37.9%

$2,565+100.1%

Participant deferral / active EE

$1,763

$3,467-49.2%

$4,654-62.1%

$3,952-55.4%

Admin fee / account holder

$2,013

$5,470-63.2%

$6,754-70.2%

$6,261-67.9%

CITY HILL EXCAVATING INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY HILL EXCAVATING INC. 401(K) 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