Retirement plan

CURTIS CONTRACTING, INC. 401(K) PROFIT SHARING PLAN

Name: CURTIS CONTRACTING, INC. - CURTIS CONTRACTING, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CURTIS CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CURTIS CONTRACTING, INC. 401(K) PROFIT SHARING PLAN, CURTIS CONTRACTING, INC.

CURTIS CONTRACTING, INC.EIN 54-1325318Plan #001PY 2020

P.O. BOX 769 - WEST POINT, VA 23181804-843-4633curtiscontracting.netLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$6.4M

+15.0% from 2019

Total participants

193

+9.0% from 2019

Average account balance

$33,749

+4.8% from 2019

Annual return

7.38%

-1.44 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.33M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

156

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.

74.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$988K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$310

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
SUNTRUST BANKS, INC.5+ years Filed as: SUNTRUST INVESTMENT SERVICES Service code 27 · EIN 58-1648698 100 VOLVO PARKWAY, SUITE 200 · CHESAPEAKE, VA 23320	Advisory (Plan)	$28,770

Plan features & details

Pension benefit codes2A2E2H2J3D

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$30K

$190 / participant

Investment mgmt$29K97.5%
Other / not subdivided$7302.5%

% of EOY assets

0.458%

all-in expense ratio

Categories reported

1 / 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: MALVIN RIGGINS & COMPANY PC
Auditor EIN: 541383985
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,749

$69,383-51.4%

$101,271-66.7%

$73,493-54.1%

Participation rate

98.7%

68.4%+30.3pp

75.8%+22.9pp

70.7%+28.0pp

Annual return

7.38%

18.46%-11.1pp

46.48%-39.1pp

28.51%-21.1pp

Employer contribution / active EE

$4,068

$2,628+54.8%

$3,660+11.1%

$2,270+79.2%

Participant deferral / active EE

$760

$3,301-77.0%

$4,371-82.6%

$3,740-79.7%

Admin fee / account holder

$154

$704-78.1%

$5,948-97.4%

$513-69.9%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.5+ years

Filed as: SUNTRUST INVESTMENT SERVICES

Service code 27 · EIN 58-1648698

100 VOLVO PARKWAY, SUITE 200 · CHESAPEAKE, VA 23320

Advisory (Plan)

$28,770

CURTIS CONTRACTING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CURTIS CONTRACTING, INC. 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