Retirement plan

VAN KIRK BROTHERS CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN

Name: VAN KIRK SAND & GRAVEL, INC. - VAN KIRK BROTHERS CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: VAN KIRK SAND & GRAVEL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VAN KIRK BROTHERS CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN, VAN KIRK SAND & GRAVEL, INC.

VAN KIRK SAND & GRAVEL, INC.EIN 47-0605602Plan #002PY 2024

1200 WEST ASH - SUTTON, NE 689792428402-773-5250

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$62.6M

+39.8% from 2023

Total participants

109

0.0% from 2023

Average account balance

$579,210

+41.1% from 2023

Annual return

39.79%

-62.65 pp from 2023

Benchmarks

See 18,536 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,536 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$62.55M

Not enough data

1 years with asset history on file

Average account balance

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

$579K

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.

108

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$710K

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

+39.79%

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 codes2P2Q3I3D

Plan features

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.
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LUTZ AND COMPANY, P.C.
Auditor EIN: 470625816
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$579,210

$81,476+610.9%

$102,383+465.7%

$80,925+615.7%

Participation rate

99.0%

66.8%+32.1pp

74.5%+24.4pp

67.7%+31.3pp

Annual return

39.79%

25.59%+14.2pp

24.94%+14.9pp

35.65%+4.1pp

Employer contribution / active EE

$7,394

$3,105+138.2%

$3,870+91.0%

$2,756+168.3%

Participant deferral / active EE

$3,871-100.0%

$5,060-100.0%

$4,299-100.0%

Admin fee / account holder

$6,717-100.0%

$8,391-100.0%

$6,940-100.0%

VAN KIRK BROTHERS CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VAN KIRK BROTHERS CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion