Retirement plan

COASTAL GULF & INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Name: COASTAL GULF & INTERNATIONAL, INC. - COASTAL GULF & INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: COASTAL GULF & INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COASTAL GULF & INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN, COASTAL GULF & INTERNATIONAL, INC.

COASTAL GULF & INTERNATIONAL, INC.EIN 72-0846457Plan #001PY 2022

120 PINTAIL STREET - ST. ROSE, LA 70087985-785-0765LinkedIn201-500 employeesconstruction

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed June 23, 2021

Plan administrator

Plan administrator name— Sign in and upgrade to view

13607 River Road

Luling, LA 70070

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Plans declared (1)

Supplemental Executive Retirement Plan1 emp

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Total assets (EOY)

$6.8M

-7.4% from 2021

Total participants

215

+8.6% from 2021

Average account balance

$52,029

-10.9% from 2021

Annual return

-15.23%

-23.67 pp from 2021

Benchmarks

See 5,988 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,988 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.44M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

126

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.

49.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$865K

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

+10.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$31,163
THE HASLAUER GROUP, INC.2 years Service code 15 · EIN 72-1396122 2400 VETERANS MEMORIAL BLVD · KENNER, LA 70065	Recordkeeping	$6,097
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SVCS INC Service code 26 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 70004	Advisory (Participants)	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LL Service code 26 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Advisory (Participants)	$0
SBHU LIFE AGENCY INC1 year Service code 26 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J3D3H2T

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$7K

$37 / participant

Contract admin$7K100.0%

% of EOY assets

0.098%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERICKSEN KRENTEL LLP
Auditor EIN: 720549733
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,029

$84,482-38.4%

$125,363-58.5%

$66,930-22.3%

Participation rate

53.3%

76.4%-23.1pp

82.4%-29.0pp

69.8%-16.5pp

Annual return

-15.23%

-8.49%-6.7pp

572.15%-587.4pp

1.57%-16.8pp

Employer contribution / active EE

$1,397

$3,553-60.7%

$4,815-71.0%

$2,545-45.1%

Participant deferral / active EE

$3,496

$6,782-48.4%

$7,447-53.1%

$4,238-17.5%

Admin fee / account holder

$51

$685-92.6%

$10,005-99.5%

$593-91.4%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$31,163

THE HASLAUER GROUP, INC.2 years

Service code 15 · EIN 72-1396122

2400 VETERANS MEMORIAL BLVD · KENNER, LA 70065

Recordkeeping

$6,097

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SVCS INC

Service code 26

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 70004

Advisory (Participants)

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LL

Service code 26

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Advisory (Participants)

SBHU LIFE AGENCY INC1 year

Service code 26

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Advisory (Participants)

COASTAL GULF & INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COASTAL GULF & INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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