Retirement plan

STANDARD CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN

Name: STANDARD CONSTRUCTION COMPANY, INC. - STANDARD CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: STANDARD CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STANDARD CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN, STANDARD CONSTRUCTION COMPANY, INC.

STANDARD CONSTRUCTION COMPANY, INC.EIN 61-0597006Plan #002PY 2024

P.O. BOX 38289 - GERMANTOWN, TN 38183901-754-5181LinkedIn11-50 employees

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$17.1M

+12.4% from 2023

Total participants

182

+10.3% from 2023

Average account balance

$134,904

+6.2% from 2023

Annual return

14.07%

-3.54 pp from 2023

Benchmarks

See 3,444 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,444 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.13M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

127

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.

64.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$443

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 5 by compensation

Provider	Service type	Compensation
DUNCAN WILLIAMS ASSET MANAGEMENT5 years Service code 27 6263 POPLAR AVE. SUITE 300 · MEMPHIS, TN 38119	Advisory (Plan)	$32,296
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$15,798
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ CPAS P. C. Service code 10 5100 POPLAR AVE. FLOOR 30 · MEMPHIS, TN 38137	Accounting	$15,000
PINPOINT FINANCIAL, LLC10+ years Service code 13 3238 PLAYERS CLUB CIRCLE · MEMPHIS, TN 38125	Contract Administrator	$8,775
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,466

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
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

$56K

$361 / participant

Recordkeeping$20K35.9%
Investment mgmt$32K57.4%
Contract admin$4K6.7%

% of EOY assets

0.328%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,904

$80,781+67.0%

$102,437+31.7%

$74,478+81.1%

Participation rate

64.7%

65.7%-0.9pp

74.5%-9.8pp

67.2%-2.5pp

Annual return

14.07%

27.58%-13.5pp

24.95%-10.9pp

1370.56%-1356.5pp

Employer contribution / active EE

$3,261

$3,160+3.2%

$3,871-15.7%

$2,626+24.2%

Participant deferral / active EE

$3,831

$3,862-0.8%

$5,060-24.3%

$4,350-11.9%

Admin fee / account holder

$443

$2,372-81.3%

$8,388-94.7%

$1,946-77.2%

Provider

Service type

Compensation

DUNCAN WILLIAMS ASSET MANAGEMENT5 years

Service code 27

6263 POPLAR AVE. SUITE 300 · MEMPHIS, TN 38119

Advisory (Plan)

$32,296

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$15,798

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ CPAS P. C.

Service code 10

5100 POPLAR AVE. FLOOR 30 · MEMPHIS, TN 38137

Accounting

$15,000

PINPOINT FINANCIAL, LLC10+ years

Service code 13

3238 PLAYERS CLUB CIRCLE · MEMPHIS, TN 38125

Contract Administrator

$8,775

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,466

STANDARD CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STANDARD CONSTRUCTION CO., INC. 401(K) PROFIT SHARING 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