Retirement plan

E & A CONSULTING GROUP, INC. 401(K) FLEXIBLE

Name: E & A CONSULTING GROUP, INC. - E & A CONSULTING GROUP, INC. 401(K) FLEXIBLE (2022) Form 5500
Creator: E & A CONSULTING GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E & A CONSULTING GROUP, INC. 401(K) FLEXIBLE, E & A CONSULTING GROUP, INC.

E & A CONSULTING GROUP, INC.EIN 47-0609173Plan #004PY 2022

10909 MILL VALLEY RD., STE. 100 - OMAHA, NE 681543950402-895-4700eacg.comLinkedIn51-200 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19.6M

-11.3% from 2021

Total participants

169

+6.3% from 2021

Average account balance

$122,232

-16.3% from 2021

Annual return

-14.31%

-29.69 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.77M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

184

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

$2.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$467

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 6 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850	Float revenue; Recordkeeping fees	$63,149
DA DAVIDSON & CO1 year Filed as: D.A. DAVIDSON & CO. Service code 27 · EIN 81-0139474	Advisory (Plan)	$24,017
USI CONSULTING GROUP3 years Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347	Advisory (Plan)	$20,186
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,360
KELLEY FINANCIAL SERVICES, INC.7 years Service code 13 · EIN 47-0800241	Contract Administrator	$7,872
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS, INC. Service code 13 · EIN 47-0617162	Contract Administrator	$2,273

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

$120K

$914 / participant

Investment mgmt$44K36.9%
Contract admin$76K63.1%

% of EOY assets

0.612%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LUTZ & COMPANY, PC
Auditor EIN: 470625816
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,232

$84,499+44.7%

$125,391-2.5%

$66,949+82.6%

Participation rate

93.1%

76.4%+16.7pp

82.4%+10.7pp

69.8%+23.3pp

Annual return

-14.31%

-8.49%-5.8pp

572.41%-586.7pp

1.57%-15.9pp

Employer contribution / active EE

$4,997

$3,554+40.6%

$4,816+3.8%

$2,545+96.3%

Participant deferral / active EE

$8,842

$6,785+30.3%

$7,448+18.7%

$4,239+108.6%

Admin fee / account holder

$748

$685+9.2%

$10,009-92.5%

$594+26.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 62 · EIN 04-1590850

Float revenue; Recordkeeping fees

$63,149

DA DAVIDSON & CO1 year

Filed as: D.A. DAVIDSON & CO.

Service code 27 · EIN 81-0139474

Advisory (Plan)

$24,017

USI CONSULTING GROUP3 years

Filed as: USI ADVISORS, INC.

Service code 27 · EIN 06-1397347

Advisory (Plan)

$20,186

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,360

KELLEY FINANCIAL SERVICES, INC.7 years

Service code 13 · EIN 47-0800241

Contract Administrator

$7,872

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS, INC.

Service code 13 · EIN 47-0617162

Contract Administrator

$2,273

E & A CONSULTING GROUP, INC. 401(K) FLEXIBLE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E & A CONSULTING GROUP, INC. 401(K) FLEXIBLE

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