Retirement plan

LEDMAN CONSTRUCTION, INC. 401K PROFIT SHARING PLAN

Name: LEDMAN CONSTRUCTION, INC. - LEDMAN CONSTRUCTION, INC. 401K PROFIT SHARING PLAN (2015) Form 5500
Creator: LEDMAN CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEDMAN CONSTRUCTION, INC. 401K PROFIT SHARING PLAN, LEDMAN CONSTRUCTION, INC.

LEDMAN CONSTRUCTION, INC.EIN 58-2591043Plan #001PY 2015

121 GWYN DRIVE - PANAMA CITY BEACH, FL 32408850-235-2233ledmanconstruction.comLinkedIn1-10 employeesconstruction

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$229K

No prior year

Total participants

No prior year

Average account balance

$228,738

No prior year

Annual return

2.05%

No prior year

Benchmarks

See 30,165 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort30,165 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$929K

Not enough data

1 years with asset history on file

Average account balance

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

$929K

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.

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+4.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14902

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 codes2E2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$228,738

$87,542+161.3%

$75,782+201.8%

$125,393+82.4%

Participation rate

50.0%

80.2%-30.2pp

75.8%-25.8pp

83.2%-33.2pp

Annual return

2.05%

13.48%-11.4pp

9.68%-7.6pp

282.23%-280.2pp

Employer contribution / active EE

$1,184

$3,930-69.9%

$3,323-64.4%

$4,866-75.7%

Participant deferral / active EE

$9,000

$4,229+112.8%

$3,652+146.5%

$5,351+68.2%

Admin fee / account holder

$6,502-100.0%

$5,300-100.0%

$9,541-100.0%

LEDMAN CONSTRUCTION, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LEDMAN CONSTRUCTION, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion