Retirement plan

DINWIDDIE-HINES CONSTRUCTION, INC. 401(K) PLAN

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

DINWIDDIE-HINES CONSTRUCTION, INC.EIN 68-0348759Plan #001PY 2024

4324 ORANGE GROVE AVE, STE A - SACRAMENTO, CA 95841916-481-3297

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.5M

+4.0% from 2023

Total participants

128

-8.6% from 2023

Average account balance

$87,737

+8.3% from 2023

Annual return

8.12%

-1.26 pp from 2023

Benchmarks

See 3,451 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,451 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$8.51M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

71.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$748K

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

+8.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$606

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$48,689
INDEPENDENT FINANCIAL GROUP LLC4 years Service code 55 12671 HIGH BLUFF DRIVE · SAN DIEGO, CA 92130	Other Commissions	$17,730
PASI, LLC4 years Service code 13 10 TALCOTT NOTCH RD · FARMINGTON, CT 06032	Contract Administrator	$9,933
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	$9,478
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 99 6300 BRIDGE POINT PKWY BLDG 1 · AUSTIN, TX 787305097	Other Fees	$4,248
GILBERT ASSOCIATES1 year Filed as: GILBERT CPAS Service code 10 2880 GATEWAY OAKS DR · SACRAMENTO, CA 95833	Accounting	$2,225

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$59K

$544 / participant

Contract admin$59K100.0%

% of EOY assets

0.690%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BFBA, LLP
Auditor EIN: 680000424
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,737

$80,724+8.7%

$103,333-15.1%

$74,495+17.8%

Participation rate

71.3%

65.7%+5.6pp

74.5%-3.2pp

67.2%+4.1pp

Annual return

8.12%

27.56%-19.4pp

24.88%-16.8pp

1364.94%-1356.8pp

Employer contribution / active EE

$2,049

$3,157-35.1%

$3,868-47.0%

$2,623-21.9%

Participant deferral / active EE

$4,875

$3,860+26.3%

$5,057-3.6%

$4,346+12.2%

Admin fee / account holder

$606

$2,368-74.4%

$8,355-92.8%

$1,942-68.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$48,689

INDEPENDENT FINANCIAL GROUP LLC4 years

Service code 55

12671 HIGH BLUFF DRIVE · SAN DIEGO, CA 92130

Other Commissions

$17,730

PASI, LLC4 years

Service code 13

10 TALCOTT NOTCH RD · FARMINGTON, CT 06032

Contract Administrator

$9,933

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

$9,478

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 99

6300 BRIDGE POINT PKWY BLDG 1 · AUSTIN, TX 787305097

Other Fees

$4,248

GILBERT ASSOCIATES1 year

Filed as: GILBERT CPAS

Service code 10

2880 GATEWAY OAKS DR · SACRAMENTO, CA 95833

Accounting

$2,225

DINWIDDIE-HINES CONSTRUCTION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DINWIDDIE-HINES CONSTRUCTION, INC. 401(K) 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