Retirement plan

HEALEY CUSTOM CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN

Name: HEALEY CUSTOM CONSTRUCTION, INC. - HEALEY CUSTOM CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: HEALEY CUSTOM CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALEY CUSTOM CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN, HEALEY CUSTOM CONSTRUCTION, INC.

HEALEY CUSTOM CONSTRUCTION, INC.EIN 47-0936348Plan #001PY 2022

5171 SANTA FE STREET, STE F - SAN DIEGO, CA 92109858-483-3201healeycustomconstruction.comLinkedIn1-10 employeesconstruction

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$477K

-6.6% from 2021

Total participants

+25.0% from 2021

Average account balance

$39,749

-6.6% from 2021

Annual return

-14.29%

-33.38 pp from 2021

Benchmarks

See 48,271 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,271 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$746K

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

183.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.68%

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

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$39,749

$133,998-70.3%

$112,263-64.6%

$134,545-70.5%

Participation rate

72.7%

78.6%-5.8pp

75.1%-2.3pp

81.2%-8.5pp

Annual return

-14.29%

47.17%-61.5pp

27.49%-41.8pp

418.37%-432.7pp

Employer contribution / active EE

$1,560

$4,040-61.4%

$3,636-57.1%

$4,742-67.1%

Participant deferral / active EE

$2,016

$5,292-61.9%

$4,729-57.4%

$6,401-68.5%

Admin fee / account holder

$7,493-100.0%

$6,410-100.0%

$11,431-100.0%

HEALEY CUSTOM CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HEALEY CUSTOM CONSTRUCTION, INC. 401(K) PROFIT SHARING 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