Retirement plan

PERCONTEE, INC./CHANTILLY CRUSHED STONE, INC. PROFIT SHARING PLAN

Name: PERCONTEE, INC. - PERCONTEE, INC./CHANTILLY CRUSHED STONE, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: PERCONTEE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERCONTEE, INC./CHANTILLY CRUSHED STONE, INC. PROFIT SHARING PLAN, PERCONTEE, INC.

PERCONTEE, INC.EIN 52-0564430Plan #001PY 2024

11900 TECH ROAD - SILVER SPRING, MD 20904301-622-0100perconteereclamation.comLinkedIn51-200 employeesconstruction

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$24.4M

+18.1% from 2023

Total participants

306

+1.7% from 2023

Average account balance

$79,610

+9.6% from 2023

Annual return

11.38%

-3.18 pp from 2023

Benchmarks

See 269 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort269 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.36M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

306

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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 2 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$29,238
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORRS, LLC Service code 27 401 S TRYON ST · CHARLOTTE, NC 28081	Advisory (Plan)	$27,174

Plan features & details

Pension benefit codes2E2F2G2J2T2U3B3D3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$29K

$163 / participant

Recordkeeping$2K7.1%
Investment mgmt$27K92.9%

% of EOY assets

0.120%

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: UHY LLP
Auditor EIN: 200694403
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,610

$79,700-0.1%

$153,476-48.1%

$74,400+7.0%

Participation rate

100.0%

69.8%+30.2pp

77.1%+22.9pp

67.2%+32.8pp

Annual return

11.38%

15.07%-3.7pp

15.66%-4.3pp

1367.51%-1356.1pp

Employer contribution / active EE

$3,999

$4,016-0.4%

$5,038-20.6%

$2,624+52.4%

Participant deferral / active EE

$6,587

$5,315+23.9%

$6,759-2.5%

$4,348+51.5%

Admin fee / account holder

$96

$1,790-94.7%

$12,729-99.2%

$1,944-95.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$29,238

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORRS, LLC

Service code 27

401 S TRYON ST · CHARLOTTE, NC 28081

Advisory (Plan)

$27,174

PERCONTEE, INC./CHANTILLY CRUSHED STONE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERCONTEE, INC./CHANTILLY CRUSHED STONE, INC. PROFIT SHARING 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