Retirement plan

HOLDER CONSTRUCTION GROUP, LLC PROFIT SHARING AND 401(K) PLAN

Name: HOLDER CONSTRUCTION GROUP, LLC - HOLDER CONSTRUCTION GROUP, LLC PROFIT SHARING AND 401(K) PLAN (2023) Form 5500
Creator: HOLDER CONSTRUCTION GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLDER CONSTRUCTION GROUP, LLC PROFIT SHARING AND 401(K) PLAN, HOLDER CONSTRUCTION GROUP, LLC

HOLDER CONSTRUCTION GROUP, LLCEIN 58-2535136Plan #001PY 2023

3300 RIVERWOOD PARKWAY, SUITE 1200 - ATLANTA, GA 30339770-988-3000holderconstruction.comLinkedIn1001-5000 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$193.7M

+25.1% from 2022

Total participants

2,059

+8.7% from 2022

Average account balance

$96,861

+15.4% from 2022

Annual return

15.84%

+29.85 pp from 2022

Benchmarks

See 531 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort531 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$229.37M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

2,244

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$148

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$448,801
PENSION FINANCIAL SERVICES, INC.2 years Service code 13 3700 CRESTWOOD PARKWAY, SUITE 550 · DULUTH, GA 30096	Contract Administrator	$202,459
BRINKER CAPITAL3 years Filed as: BRINKER CAPITAL INVESTMENTS Service code 28 17605 WRIGHT ST · OMAHA, NE 68130	Investment Management	$109,018
IRON-CO-FID-COMPREHENSIVE7 years Service code 28 5440 W 110TH ST · SHAWNEE MISSION, KS 66211	Investment Management	$68,459
NATIONWIDE5 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 49 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Other Services	$17,115
CARR, RIGGS & INGRAM, LLC1 year Filed as: CARR RIGGS & INGRAM CPA Service code 10 4004 SUMMITT BLVD, SUITE 800 · ATLANTA, GA 30319	Accounting	$15,695

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

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

$820K

$585 / participant

Recordkeeping$409K49.9%
Investment mgmt$195K23.8%
Other trustee fees$1K0.1%
Contract admin$215K26.2%

% of EOY assets

0.423%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARR RIGGS & INGRAM LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,861

$88,479+9.5%

$96,520+0.4%

$80,149+20.9%

Participation rate

95.8%

79.9%+15.9pp

74.3%+21.4pp

72.9%+22.9pp

Annual return

15.84%

22.53%-6.7pp

35.72%-19.9pp

40.39%-24.6pp

Employer contribution / active EE

$3,923

$4,177-6.1%

$3,739+4.9%

$2,977+31.8%

Participant deferral / active EE

$10,956

$3,961+176.6%

$4,879+124.6%

$5,015+118.5%

Admin fee / account holder

$410

$211+93.8%

$6,733-93.9%

$145+182.7%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$448,801

PENSION FINANCIAL SERVICES, INC.2 years

Service code 13

3700 CRESTWOOD PARKWAY, SUITE 550 · DULUTH, GA 30096

Contract Administrator

$202,459

BRINKER CAPITAL3 years

Filed as: BRINKER CAPITAL INVESTMENTS

Service code 28

17605 WRIGHT ST · OMAHA, NE 68130

Investment Management

$109,018

IRON-CO-FID-COMPREHENSIVE7 years

Service code 28

5440 W 110TH ST · SHAWNEE MISSION, KS 66211

Investment Management

$68,459

NATIONWIDE5 years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 49

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Other Services

$17,115

CARR, RIGGS & INGRAM, LLC1 year

Filed as: CARR RIGGS & INGRAM CPA

Service code 10

4004 SUMMITT BLVD, SUITE 800 · ATLANTA, GA 30319

Accounting

$15,695

HOLDER CONSTRUCTION GROUP, LLC PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLDER CONSTRUCTION GROUP, LLC PROFIT SHARING AND 401(K) 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