Retirement plan

CONCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT

Name: CONCO, INC. - CONCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT (2024) Form 5500
Creator: CONCO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT, CONCO, INC.

CONCO, INC.EIN 61-1191112Plan #004PY 2024

4000 OAKLAWN DRIVE - LOUISVILLE, KY 402192720502-969-1333concocontainers.comLinkedIn51-200 employeesdefense & space

Other plans on this EIN

2 filings

#003Retirement-$1.1M assets #005Retirement-$728K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$30.8M

+42.4% from 2023

Total participants

+13.8% from 2023

Average account balance

$933,328

+25.1% from 2023

Annual return

46.25%

-143.63 pp from 2023

Benchmarks

See 23,012 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,012 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.80M

Not enough data

1 years with asset history on file

Average account balance

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

$933K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$771K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+46.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67049

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 codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$92192 / participant

Other / not subdivided$2M100.0%

% of EOY assets

7.184%

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

$933,328

$117,829+692.1%

$102,423+811.2%

$145,877+539.8%

Participation rate

100.0%

78.6%+21.4pp

76.5%+23.5pp

80.3%+19.7pp

Annual return

46.25%

31.83%+14.4pp

29.42%+16.8pp

551.28%-505.0pp

Employer contribution / active EE

$32,105

$3,615+788.2%

$3,023+962.0%

$4,663+588.5%

Participant deferral / active EE

$5,732-100.0%

$5,054-100.0%

$6,691-100.0%

Admin fee / account holder

$67,049

$13,335+402.8%

$9,455+609.2%

$13,402+400.3%

CONCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT

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