Retirement plan

THOMAS CONCRETE, INC. 401(K) PROFIT SHARING PLAN

Name: THOMAS CONCRETE, INC. - THOMAS CONCRETE, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: THOMAS CONCRETE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMAS CONCRETE, INC. 401(K) PROFIT SHARING PLAN, THOMAS CONCRETE, INC.

THOMAS CONCRETE, INC.EIN 59-2820172Plan #001PY 2020

2500 CUMBERLAND PKWY, SUITE 200 - ATLANTA, GA 30339770-431-3300

Prospect flagsLow participationLow participant contribution

Top hat statement on fileNQDC

Filed April 5, 1999

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$38.6M

+21.3% from 2019

Total participants

1,246

-4.4% from 2019

Average account balance

$45,489

+20.4% from 2019

Annual return

14.95%

-0.93 pp from 2019

Benchmarks

See 388 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.04M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

1,285

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.

84.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$306

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

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Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
HENSSLER ASSET MANAGEMENT LLC1 year Filed as: G.W. HENSSLER AND ASSOCIATES, LTD Service code 27 · EIN 58-2189215	Advisory (Plan)	$62,272
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$39,992
ASCENSUS LLC1 year Filed as: FUTUREPLAN Service code 13 · EIN 11-3665754	Contract Administrator	$25,307
AMERICAN CENTURY4 years Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3335387	Indirect Investment Fees	$0
HARRIS4 years Service code 52 · EIN 52-2257782	Indirect Investment Fees	$0
HENSSLER ASSET MANAGEMENT LLC6+ years Filed as: HENSSLER ASSET MANAGEMENT, LLC Service code 27	Advisory (Plan)	$0
INVESCO4 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H3D

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$112K

$100 / participant

Investment mgmt$62K55.4%
Contract admin$50K44.5%
Other / not subdivided$750.1%

% of EOY assets

0.291%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WINDHAM BRANNON
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,489

$105,190-56.8%

$98,920-54.0%

$90,274-49.6%

Participation rate

64.6%

86.4%-21.7pp

76.0%-11.4pp

73.4%-8.7pp

Annual return

14.95%

18.52%-3.6pp

196.47%-181.5pp

53.97%-39.0pp

Employer contribution / active EE

$1,685

$3,831-56.0%

$2,689-37.3%

$2,523-33.2%

Participant deferral / active EE

$2,593

$5,616-53.8%

$4,245-38.9%

$4,231-38.7%

Admin fee / account holder

$132

$97+36.1%

$6,643-98.0%

$114+16.1%

Provider

Service type

Compensation

HENSSLER ASSET MANAGEMENT LLC1 year

Filed as: G.W. HENSSLER AND ASSOCIATES, LTD

Service code 27 · EIN 58-2189215

Advisory (Plan)

$62,272

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$39,992

ASCENSUS LLC1 year

Filed as: FUTUREPLAN

Service code 13 · EIN 11-3665754

Contract Administrator

$25,307

AMERICAN CENTURY4 years

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

COLUMBIA1 year

Service code 52 · EIN 36-3376651

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3335387

Indirect Investment Fees

HARRIS4 years

Service code 52 · EIN 52-2257782

Indirect Investment Fees

HENSSLER ASSET MANAGEMENT LLC6+ years

Filed as: HENSSLER ASSET MANAGEMENT, LLC

Service code 27

Advisory (Plan)

INVESCO4 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

THOMAS CONCRETE, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMAS CONCRETE, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

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