Retirement plan

GREEN ENTERPRISES 401(K) RETIREMENT PLAN

Name: CLAYCO INDUSTRIES INC. DBA GREEN ENTERPRISES - GREEN ENTERPRISES 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: CLAYCO INDUSTRIES INC. DBA GREEN ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN ENTERPRISES 401(K) RETIREMENT PLAN, CLAYCO INDUSTRIES INC. DBA GREEN ENTERPRISES

CLAYCO INDUSTRIES INC. DBA GREEN ENTERPRISESEIN 73-1239017Plan #001PY 2021

P.O. BOX 941 - LAWTON, OK 73502580-355-5447

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$7.1M

+12.7% from 2020

Total participants

202

-8.6% from 2020

Average account balance

$56,842

+22.7% from 2020

Annual return

10.76%

-1.75 pp from 2020

Benchmarks

See 2,981 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,981 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.39M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

193

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$976K

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

+10.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$407

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 6 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA ADVISOR NETWORKS Service code 27 · EIN 95-3845382 2301 ROSECRANS AVE #5100 · EL SEGUNDO, CA 90245	Advisory (Plan)	$29,007
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: ADVISED ASSET GROUP Service code 28 · EIN 41-0418150 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$13,575
PRACTICAL AUDIT SOLUTIONS2 years Service code 99 · EIN 84-4115369 PO BOX 3036 · LAWTON, OK 73502	Other Fees	$9,200
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,079
PASI, LLC2 years Service code 13 · EIN 26-1407927 10 TALCOTT NOTCH ROAD · FARMINGTON, CT 06032	Contract Administrator	$7,436
AMERICAN REALTY ADVISORS1 year Filed as: NORTH AMERICAN INSURANCE Service code 99 10 SW 2ND ST STE 1 · LAWTON, OK 73501	Other Fees	$543

Plan features & details

Pension benefit codes2E2F2G2J2K2T2R3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$61K

$327 / participant

Investment mgmt$61K100.0%

% of EOY assets

0.864%

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: PRACTICAL AUDIT SOLUTIONS PC
Auditor EIN: 844115369
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,842

$77,670-26.8%

$109,163-47.9%

$79,393-28.4%

Participation rate

59.0%

67.8%-8.8pp

75.9%-16.8pp

70.7%-11.7pp

Annual return

10.76%

23.44%-12.7pp

25.75%-15.0pp

116.87%-106.1pp

Employer contribution / active EE

$945

$2,798-66.2%

$3,723-74.6%

$2,428-61.1%

Participant deferral / active EE

$2,704

$3,518-23.1%

$4,654-41.9%

$4,046-33.2%

Admin fee / account holder

$491

$732-32.9%

$6,754-92.7%

$627-21.6%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA ADVISOR NETWORKS

Service code 27 · EIN 95-3845382

2301 ROSECRANS AVE #5100 · EL SEGUNDO, CA 90245

Advisory (Plan)

$29,007

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: ADVISED ASSET GROUP

Service code 28 · EIN 41-0418150

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$13,575

PRACTICAL AUDIT SOLUTIONS2 years

Service code 99 · EIN 84-4115369

PO BOX 3036 · LAWTON, OK 73502

Other Fees

$9,200

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,079

PASI, LLC2 years

Service code 13 · EIN 26-1407927

10 TALCOTT NOTCH ROAD · FARMINGTON, CT 06032

Contract Administrator

$7,436

AMERICAN REALTY ADVISORS1 year

Filed as: NORTH AMERICAN INSURANCE

Service code 99

10 SW 2ND ST STE 1 · LAWTON, OK 73501

Other Fees

$543

GREEN ENTERPRISES 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREEN ENTERPRISES 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