Retirement plan

CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT PLAN

Name: CITY CONSTRUCTION COMPANY - CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: CITY CONSTRUCTION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT PLAN, CITY CONSTRUCTION COMPANY

CITY CONSTRUCTION COMPANYEIN 55-0487627Plan #001PY 2020

284 FACTORY STREET, SUITE 101 - CLARKSBURG, WV 26301304-623-2573citywindowconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.7M

+1.4% from 2019

Total participants

-2.1% from 2019

Average account balance

$94,878

+3.6% from 2019

Annual return

11.89%

-4.87 pp from 2019

Benchmarks

See 16,250 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,250 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.96M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

105

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.

198.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$960K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4371

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 codes2E2F2G2J2T3D

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$29927 / participant

Other / not subdivided$2M100.0%

% of EOY assets

17.486%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,878

$72,269+31.3%

$101,271-6.3%

$79,852+18.8%

Participation rate

94.1%

68.5%+25.7pp

75.8%+18.3pp

69.6%+24.5pp

Annual return

11.89%

22.29%-10.4pp

46.48%-34.6pp

31.72%-19.8pp

Employer contribution / active EE

$10,245

$2,692+280.6%

$3,660+179.9%

$2,471+314.6%

Participant deferral / active EE

$1,944

$3,282-40.8%

$4,371-55.5%

$3,740-48.0%

Admin fee / account holder

$16,590

$4,401+277.0%

$5,948+178.9%

$5,306+212.6%

CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT 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