Retirement plan

JOHNSON SAND & GRAVEL CO., INC. CASH BALANCE PLAN

Name: JOHNSON SAND & GRAVEL CO., INC. - JOHNSON SAND & GRAVEL CO., INC. CASH BALANCE PLAN (2022) Form 5500
Creator: JOHNSON SAND & GRAVEL CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON SAND & GRAVEL CO., INC. CASH BALANCE PLAN, JOHNSON SAND & GRAVEL CO., INC.

JOHNSON SAND & GRAVEL CO., INC.EIN 47-0646679Plan #002PY 2022

P.O.BOX 784 - COLUMBUS, NE 68602402-563-3961

Other plans on this EIN

1 filing

#001Retirement-$552K assets

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+5.6% from 2021

Total participants

0.0% from 2021

Average account balance

No prior year

Annual return

-8.46%

-15.43 pp from 2021

Benchmarks

See 124 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined benefit

Participants<25

Cohort124 peers

Snapshot2022

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.39M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+4.52%

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

0 years with F_SCH_H allocation on file

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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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1B1C3D3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$8K

$1306 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.781%

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

$732,694-100.0%

$349,369-100.0%

Participation rate

0.0%

14.3%-14.3pp

7.1%-7.1pp

44.4%-44.4pp

Annual return

-8.46%

-15.17%+6.7pp

-15.18%+6.7pp

-14.65%+6.2pp

Employer contribution / active EE

$22,316

$70,785-68.5%

$53,321-58.1%

$46,321-51.8%

Participant deferral / active EE

$60-100.0%

Admin fee / account holder

$14,582-100.0%

JOHNSON SAND & GRAVEL CO., INC. CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON SAND & GRAVEL CO., INC. CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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