Retirement plan

POGUE CONSTRUCTION CO., LP 401(K) PROFIT SHARING PLAN

Name: POGUE CONSTRUCTION CO., LP - POGUE CONSTRUCTION CO., LP 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: POGUE CONSTRUCTION CO., LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POGUE CONSTRUCTION CO., LP 401(K) PROFIT SHARING PLAN, POGUE CONSTRUCTION CO., LP

POGUE CONSTRUCTION CO., LPEIN 75-1650672Plan #002PY 2024

1512 BRAY CENTRAL DRIVE, #300 - MCKINNEY, MI 75069972-529-9401

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.9M

+13.8% from 2023

Total participants

304

+26.7% from 2023

Average account balance

$65,780

-8.8% from 2023

Annual return

12.76%

-3.98 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.89M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

272

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$370

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FONDREN OAKS CAPITAL MANAGEMENT3 years Service code 26 · EIN 82-3258348	Advisory (Participants)	$67,624
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400	Claims processing; Plan Administrator...	$28,002
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259	Securities Custodian	$5,108
CHARLES SCHWAB & CO., INC.2 years Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$101K

$392 / participant

Trustee / custodial$5K5.1%
Investment mgmt$68K67.1%
Contract admin$28K27.8%

% of EOY assets

0.563%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL LLP
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,780

$82,979-20.7%

$102,412-35.8%

$77,736-15.4%

Participation rate

87.5%

71.5%+16.0pp

74.5%+13.0pp

70.6%+17.0pp

Annual return

12.76%

19.11%-6.4pp

24.94%-12.2pp

31.26%-18.5pp

Employer contribution / active EE

$4,596

$3,554+29.3%

$3,870+18.8%

$2,728+68.5%

Participant deferral / active EE

$5,642

$4,109+37.3%

$5,060+11.5%

$4,651+21.3%

Admin fee / account holder

$370

$639-42.0%

$8,388-95.6%

$433-14.5%

Provider

Service type

Compensation

FONDREN OAKS CAPITAL MANAGEMENT3 years

Service code 26 · EIN 82-3258348

Advisory (Participants)

$67,624

AMERITAS LIFE INSURANCE CORP2 years

Service code 12 · EIN 47-0098400

Claims processing; Plan Administrator...

$28,002

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$5,108

CHARLES SCHWAB & CO., INC.2 years

Service code 19

Securities Custodian

POGUE CONSTRUCTION CO., LP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POGUE CONSTRUCTION CO., LP 401(K) PROFIT SHARING 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