Retirement plan

STELLA MAY CONTRACTING, INC. 401(K) PLAN

Name: STELLA MAY CONTRACTING, INC. - STELLA MAY CONTRACTING, INC. 401(K) PLAN (2024) Form 5500
Creator: STELLA MAY CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STELLA MAY CONTRACTING, INC. 401(K) PLAN, STELLA MAY CONTRACTING, INC.

STELLA MAY CONTRACTING, INC.EIN 52-1910436Plan #001PY 2024

1512 EDGEWOOD ROAD - EDGEWOOD, MD 21040410-679-8306stellamay.comLinkedIn51-200 employeesconstruction

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.4M

+54.4% from 2023

Total participants

320

+35.6% from 2023

Average account balance

$20,181

-5.4% from 2023

Annual return

15.01%

-1.89 pp from 2023

Benchmarks

See 95 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Cohort95 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.37M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

266

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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
RJA 338 FEE3 years Filed as: RJA 3(38) FEE Service code 26 · EIN 59-1237041	Advisory (Participants)	$21,916
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$21,637

Plan features & details

Pension benefit codes2E2J2F2G3D2T

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$63K

$255 / participant

Recordkeeping$42K65.4%
Investment mgmt$22K34.6%

% of EOY assets

1.181%

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: ELLIN & TUCKER
Auditor EIN: 520959934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,181

$198,836-89.9%

$102,412-80.3%

Participation rate

78.3%

60.8%+17.5pp

74.5%+3.8pp

Annual return

15.01%

12.43%+2.6pp

24.94%-9.9pp

Employer contribution / active EE

$2,184

$2,607-16.2%

$3,870-43.6%

Participant deferral / active EE

$3,814

$3,407+11.9%

$5,060-24.6%

Admin fee / account holder

$238

$10,004-97.6%

$8,388-97.2%

Provider

Service type

Compensation

RJA 338 FEE3 years

Filed as: RJA 3(38) FEE

Service code 26 · EIN 59-1237041

Advisory (Participants)

$21,916

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$21,637

STELLA MAY CONTRACTING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STELLA MAY CONTRACTING, INC. 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