Retirement plan

ALLEGHENY CONTRACTING, LLC 401(K) PROFIT SHARING PLAN

Name: ALLEGHENY CONTRACTING, LLC - ALLEGHENY CONTRACTING, LLC 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: ALLEGHENY CONTRACTING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLEGHENY CONTRACTING, LLC 401(K) PROFIT SHARING PLAN, ALLEGHENY CONTRACTING, LLC

ALLEGHENY CONTRACTING, LLCEIN 52-2303015Plan #001PY 2023

13374 BOOT JACK ROAD - RIDGWAY, PA 15853814-772-2524LinkedIn1-10 employeescomputer software

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3M

+43.6% from 2022

Total participants

140

+13.8% from 2022

Average account balance

$29,249

+39.4% from 2022

Annual return

24.69%

+39.89 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$315K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-103.59%

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 codes2E2F2J2T3D3H

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).
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$775

$7 / participant

Actuarial$775100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STELMACK DOBRANSKY & EANNACE, LLC
Auditor EIN: 251900686
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,249

$76,696-61.9%

$96,515-69.7%

$71,511-59.1%

Participation rate

67.3%

66.6%+0.7pp

74.3%-7.1pp

67.9%-0.7pp

Annual return

24.69%

48.32%-23.6pp

35.73%-11.0pp

28.86%-4.2pp

Employer contribution / active EE

$1,877

$3,032-38.1%

$3,740-49.8%

$2,589-27.5%

Participant deferral / active EE

$2,975

$3,770-21.1%

$4,880-39.0%

$4,291-30.7%

Admin fee / account holder

$2,030-99.6%

$6,735-99.9%

$1,588-99.5%

ALLEGHENY CONTRACTING, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLEGHENY CONTRACTING, LLC 401(K) 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