Retirement plan

TRADER CONSTRUCTION CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Name: TRADER CONSTRUCTION CO. - TRADER CONSTRUCTION CO. EMPLOYEE RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: TRADER CONSTRUCTION CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRADER CONSTRUCTION CO. EMPLOYEE RETIREMENT SAVINGS PLAN, TRADER CONSTRUCTION CO.

TRADER CONSTRUCTION CO.EIN 56-1010597Plan #001PY 2023

P.O. DRAWER 1578 - NEW BERN, NC 285631578252-633-2424traderconstruction.comLinkedIn51-200 employeescivil engineering

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$15.6M

+11.9% from 2022

Total participants

177

0.0% from 2022

Average account balance

$100,783

+11.2% from 2022

Annual return

9.18%

+18.90 pp from 2022

Benchmarks

See 3,254 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,254 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.81M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

163

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.

80.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMPENSATION SYSTEMS, INC.9+ years Service code 13 · EIN 56-1129270	Contract Administrator	$7,214
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,200
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Investment Management	$950

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$950

$6 / participant

Investment mgmt$950100.0%

% of EOY assets

0.006%

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: SMITH, KESLER & COMPANY, PA
Auditor EIN: 570641613
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,783

$76,669+31.5%

$96,520+4.4%

$71,495+41.0%

Participation rate

85.6%

66.6%+19.0pp

74.3%+11.3pp

67.9%+17.7pp

Annual return

9.18%

48.29%-39.1pp

35.72%-26.5pp

28.85%-19.7pp

Employer contribution / active EE

$1,901

$3,031-37.3%

$3,739-49.1%

$2,589-26.6%

Participant deferral / active EE

$5,040

$3,771+33.7%

$4,879+3.3%

$4,291+17.5%

Admin fee / account holder

$2,028-99.7%

$6,733-99.9%

$1,588-99.6%

Provider

Service type

Compensation

COMPENSATION SYSTEMS, INC.9+ years

Service code 13 · EIN 56-1129270

Contract Administrator

$7,214

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,200

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP

Service code 28

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Investment Management

$950

TRADER CONSTRUCTION CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRADER CONSTRUCTION CO. EMPLOYEE RETIREMENT SAVINGS 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