Retirement plan

C.A. LINDMAN, INCORPORATED 401(K) PLAN

Name: C.A. LINDMAN, INCORPORATED - C.A. LINDMAN, INCORPORATED 401(K) PLAN (2022) Form 5500
Creator: C.A. LINDMAN, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C.A. LINDMAN, INCORPORATED 401(K) PLAN, C.A. LINDMAN, INCORPORATED

C.A. LINDMAN, INCORPORATEDEIN 52-1689850Plan #001PY 2022

10401 GUILFORD ROAD - JESSUP, MD 207949117301-470-4700calindman.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.4M

-24.9% from 2021

Total participants

197

+3.7% from 2021

Average account balance

$48,962

-26.4% from 2021

Annual return

-16.58%

-32.31 pp from 2021

Benchmarks

See 3,001 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.19M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

29.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$220K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2548

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$650

$4 / participant

Other / not subdivided$650100.0%

% of EOY assets

0.027%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ALPERIN, NEBBIA & ASSOCIATES CPA,PA
Auditor EIN: 223572809
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,962

$64,138-23.7%

$112,258-56.4%

$66,930-26.8%

Participation rate

17.4%

68.5%-51.0pp

75.1%-57.6pp

69.8%-52.4pp

Annual return

-16.58%

-13.81%-2.8pp

27.47%-44.1pp

1.57%-18.2pp

Employer contribution / active EE

$3,006-100.0%

$3,636-100.0%

$2,545-100.0%

Participant deferral / active EE

$945

$3,694-74.4%

$4,728-80.0%

$4,238-77.7%

Admin fee / account holder

$13

$625-97.9%

$6,411-99.8%

$593-97.8%

C.A. LINDMAN, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C.A. LINDMAN, INCORPORATED 401(K) 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