Retirement plan

LOCKHART BUILDERS OF NORTH FLORIDA, INC. PROFIT SHARING PLAN

Name: LOCKHART BUILDERS OF NORTH FLORIDA, INC. - LOCKHART BUILDERS OF NORTH FLORIDA, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: LOCKHART BUILDERS OF NORTH FLORIDA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCKHART BUILDERS OF NORTH FLORIDA, INC. PROFIT SHARING PLAN, LOCKHART BUILDERS OF NORTH FLORIDA, INC.

LOCKHART BUILDERS OF NORTH FLORIDA, INC.EIN 59-3459160Plan #001PY 2022

7022 MILLCREST DRIVE SOUTH - JACKSONVILLE, FL 322772717904-994-3856

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$140K

-1.2% from 2021

Total participants

+50.0% from 2021

Average account balance

$46,740

-34.2% from 2021

Annual return

-2.59%

-40.09 pp from 2021

Benchmarks

See 48,287 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,287 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$190K

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$46,740

$134,001-65.1%

$112,258-58.4%

$134,509-65.3%

Participation rate

100.0%

78.6%+21.4pp

75.1%+24.9pp

81.2%+18.8pp

Annual return

-2.59%

47.15%-49.7pp

27.47%-30.1pp

418.13%-420.7pp

Employer contribution / active EE

$960

$4,039-76.2%

$3,636-73.6%

$4,741-79.8%

Participant deferral / active EE

$5,291-100.0%

$4,728-100.0%

$6,400-100.0%

Admin fee / account holder

$7,491-100.0%

$6,411-100.0%

$11,427-100.0%

LOCKHART BUILDERS OF NORTH FLORIDA, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LOCKHART BUILDERS OF NORTH FLORIDA, INC. 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