Retirement plan

AGC OF OKLAHOMA 401(K) RETIREMENT PLAN

Name: OKLAHOMA CHAPTER, BUILDERS DIVISION OF AGC OF AMERICA, INC. - AGC OF OKLAHOMA 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: OKLAHOMA CHAPTER, BUILDERS DIVISION OF AGC OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGC OF OKLAHOMA 401(K) RETIREMENT PLAN, OKLAHOMA CHAPTER, BUILDERS DIVISION OF AGC OF AMERICA, INC.

OKLAHOMA CHAPTER, BUILDERS DIVISION OF AGC OF AMERICA, INC.EIN 73-0132794Plan #333PY 2021

605 N.W. 13TH STREET, SUITE A - OKLAHOMA CITY, OK 731032213405-528-4605

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.2M

+18.5% from 2020

Total participants

533

-5.5% from 2020

Average account balance

$38,119

+24.0% from 2020

Annual return

16.17%

-0.78 pp from 2020

Benchmarks

See 867 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort867 peers

Snapshot2021

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$13.19M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

438

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.

48.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$880K

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$248

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 4 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC4 years Filed as: CETERA ADVISORS, LLC Service code 27 200 N PACIFIC COAST HWY · TAMPA, FL 33618	Advisory (Plan)	$88,615
PINNACLE FINANCIAL SERVICES, INC.1 year Filed as: PINNACLE FINANCIAL SERVICES Service code 15 1177 HYPOLUXO ROAD · LANTANA, FL 33462	Recordkeeping	$17,796
SAGEPOINT FINANCIAL INC1 year Filed as: RESOURCE INVESTMENT ADVISORS Service code 27 4860 COLLEGE BLVD · OVERLAND, KS 66211	Advisory (Plan)	$11,787
3(16) FIDUCIARY SERVICES CORP1 year Service code 14 6234 OLD HIGHWAY 5 · WOODSTOCK, GA 30188	Plan Administrator	$11,694

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

2 tripped

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

$39K

$109 / participant

Contract admin$39K100.0%

% of EOY assets

0.296%

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: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,119

$58,290-34.6%

$98,442-61.3%

$86,799-56.1%

Participation rate

47.8%

68.3%-20.6pp

73.3%-25.6pp

72.3%-24.5pp

Annual return

16.17%

43.48%-27.3pp

1492.73%-1476.6pp

97.91%-81.7pp

Employer contribution / active EE

$991

$2,008-50.6%

$2,960-66.5%

$2,405-58.8%

Participant deferral / active EE

$1,714

$3,152-45.6%

$4,276-59.9%

$4,131-58.5%

Admin fee / account holder

$113

$138-18.0%

$5,949-98.1%

$170-33.4%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC4 years

Filed as: CETERA ADVISORS, LLC

Service code 27

200 N PACIFIC COAST HWY · TAMPA, FL 33618

Advisory (Plan)

$88,615

PINNACLE FINANCIAL SERVICES, INC.1 year

Filed as: PINNACLE FINANCIAL SERVICES

Service code 15

1177 HYPOLUXO ROAD · LANTANA, FL 33462

Recordkeeping

$17,796

SAGEPOINT FINANCIAL INC1 year

Filed as: RESOURCE INVESTMENT ADVISORS

Service code 27

4860 COLLEGE BLVD · OVERLAND, KS 66211

Advisory (Plan)

$11,787

3(16) FIDUCIARY SERVICES CORP1 year

Service code 14

6234 OLD HIGHWAY 5 · WOODSTOCK, GA 30188

Plan Administrator

$11,694

AGC OF OKLAHOMA 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGC OF OKLAHOMA 401(K) RETIREMENT 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