Retirement plan

THE CONTRACTORS RETIREMENT PLAN

Name: SCAFFOLD RESOURCES, LLC - THE CONTRACTORS RETIREMENT PLAN (2021) Form 5500
Creator: SCAFFOLD RESOURCES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CONTRACTORS RETIREMENT PLAN, SCAFFOLD RESOURCES, LLC

SCAFFOLD RESOURCES, LLCEIN 52-2343248Plan #002PY 2021

9513 LANHAM SEVERN RD - LANHAM, MD 20706301-924-7223scaffoldresource.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$7.4M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$1.8M

+19.7% from 2020

Total participants

161

+17.5% from 2020

Average account balance

$11,034

+1.9% from 2020

Annual return

12.55%

+5.46 pp from 2020

Benchmarks

See 2,982 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,982 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

138

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

$318K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+7.90%

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

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2A2E3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: ERICKSON DEMEL & ASSOCIATES, PLLC
Auditor EIN: 871577252
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,034

$77,660-85.8%

$109,143-89.9%

$79,386-86.1%

Participation rate

100.0%

67.8%+32.2pp

75.9%+24.1pp

70.7%+29.3pp

Annual return

12.55%

23.44%-10.9pp

25.75%-13.2pp

116.85%-104.3pp

Employer contribution / active EE

$2,300

$2,797-17.8%

$3,722-38.2%

$2,427-5.3%

Participant deferral / active EE

$3,518-100.0%

$4,653-100.0%

$4,046-100.0%

Admin fee / account holder

$732-100.0%

$6,752-100.0%

$626-100.0%

THE CONTRACTORS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE CONTRACTORS RETIREMENT 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