Retirement plan

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

Name: CITY CONSTRUCTION COMPANY, INC. - CITY CONSTRUCTION COMPANY DAVIS-BACON 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: CITY CONSTRUCTION COMPANY, INC.
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, INC.

CITY CONSTRUCTION COMPANY, INC.EIN 55-0487627Plan #001PY 2023

284 FACTORY STREET, SUITE 101 - CLARKSBURG, WV 263019637304-623-2573citywindowconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$9.2M

+19.0% from 2022

Total participants

100

+3.1% from 2022

Average account balance

$92,465

+13.0% from 2022

Annual return

16.31%

+31.83 pp from 2022

Benchmarks

See 18,047 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,047 peers

Snapshot2023

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$696K

$12892 / participant

Other / not subdivided$696K100.0%

% of EOY assets

7.529%

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

$92,465

$73,955+25.0%

$96,520-4.2%

$75,181+23.0%

Participation rate

100.0%

66.4%+33.6pp

74.3%+25.7pp

67.2%+32.8pp

Annual return

16.31%

26.72%-10.4pp

35.72%-19.4pp

160.69%-144.4pp

Employer contribution / active EE

$14,112

$2,930+381.6%

$3,739+277.5%

$2,671+428.4%

Participant deferral / active EE

$2,588

$3,659-29.3%

$4,879-47.0%

$4,126-37.3%

Admin fee / account holder

$6,962

$5,217+33.4%

$6,733+3.4%

$5,650+23.2%

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