Retirement plan

H.A. CONTRACTING CORP. SALARY SAVINGS PLAN

Name: H.A. CONTRACTING CORP. - H.A. CONTRACTING CORP. SALARY SAVINGS PLAN (2024) Form 5500
Creator: H.A. CONTRACTING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H.A. CONTRACTING CORP. SALARY SAVINGS PLAN, H.A. CONTRACTING CORP.

H.A. CONTRACTING CORP.EIN 59-2283147Plan #001PY 2024

9500 NW 12TH STREET - MIAMI, FL 33172305-591-9212hacontracting.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$7.1M

+21.0% from 2023

Total participants

+11.6% from 2023

Average account balance

$255,234

+16.7% from 2023

Annual return

14.64%

+2.32 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.15M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$385K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$8K

$167 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.112%

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

$255,234

$102,422+149.2%

$147,117+73.5%

$80,959+215.3%

Participation rate

58.3%

75.9%-17.5pp

82.2%-23.9pp

67.7%-9.3pp

Annual return

14.64%

135.16%-120.5pp

420.54%-405.9pp

35.67%-21.0pp

Employer contribution / active EE

$2,065

$3,717-44.5%

$4,932-58.1%

$2,757-25.1%

Participant deferral / active EE

$5,965

$6,652-10.3%

$8,065-26.0%

$4,300+38.7%

Admin fee / account holder

$287

$7,953-96.4%

$12,993-97.8%

$6,925-95.9%

H.A. CONTRACTING CORP. SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H.A. CONTRACTING CORP. SALARY 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