Retirement plan

J.P. LAMBORN CO. 401(K) PROFIT SHARING PLAN

Name: JP LAMBORN CO., INC - J.P. LAMBORN CO. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: JP LAMBORN CO., INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.P. LAMBORN CO. 401(K) PROFIT SHARING PLAN, JP LAMBORN CO., INC

JP LAMBORN CO., INCEIN 77-0035994Plan #002PY 2023

3663 E WAWONA AVE. - FRESNO, CA 93725559-650-2120LinkedIn1-10 employees

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.3M

+21.7% from 2022

Total participants

196

0.0% from 2022

Average account balance

$47,747

+21.7% from 2022

Annual return

13.22%

+26.44 pp from 2022

Benchmarks

See 1,942 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,942 peers

Snapshot2023

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

$11.21M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

195

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$973K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$488

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 10-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 5 by compensation

Provider	Service type	Compensation
ROUSH INVESTMENTS LLC2 years Filed as: ROUSH INVESTMENTS, LLC Service code 16 · EIN 27-2442764 2014 TULARE AVE STE 608 · FRESNO, CA 93721	Consulting	$45,846
NATIONWIDE8 years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$30,372
PENTEGRA SERVICES, INC.3 years Filed as: APS PENTEGRA SERVICES INC Service code 14 · EIN 13-3892096 6830 COMMERCE COURT DR · BLACKLICK, OH 43004	Plan Administrator	$13,745
PENTEGRA SERVICES, INC.4 years Filed as: PENTEGRA SERVICES INC Service code 14 · EIN 13-3745616	Plan Administrator	$4,162
NATIONWIDE2 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 13 · EIN 31-4156830	Contract Administrator	$832

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D2T

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.
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.

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

$96K

$547 / participant

Contract admin$96K100.0%

% of EOY assets

1.035%

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: PLANCHEC(K) CPA'S LLC
Auditor EIN: 842614035
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

$47,747

$71,516-33.2%

$98,439-51.5%

$71,457-33.2%

Participation rate

99.4%

72.7%+26.7pp

75.2%+24.3pp

67.9%+31.5pp

Annual return

13.22%

32.41%-19.2pp

21.16%-7.9pp

28.85%-15.6pp

Employer contribution / active EE

$2,162

$2,399-9.9%

$3,048-29.1%

$2,588-16.5%

Participant deferral / active EE

$3,018

$4,109-26.5%

$4,738-36.3%

$4,289-29.6%

Admin fee / account holder

$494

$1,675-70.5%

$8,948-94.5%

$1,587-68.9%

Provider

Service type

Compensation

ROUSH INVESTMENTS LLC2 years

Filed as: ROUSH INVESTMENTS, LLC

Service code 16 · EIN 27-2442764

2014 TULARE AVE STE 608 · FRESNO, CA 93721

Consulting

$45,846

NATIONWIDE8 years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$30,372

PENTEGRA SERVICES, INC.3 years

Filed as: APS PENTEGRA SERVICES INC

Service code 14 · EIN 13-3892096

6830 COMMERCE COURT DR · BLACKLICK, OH 43004

Plan Administrator

$13,745

PENTEGRA SERVICES, INC.4 years

Filed as: PENTEGRA SERVICES INC

Service code 14 · EIN 13-3745616

Plan Administrator

$4,162

NATIONWIDE2 years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 13 · EIN 31-4156830

Contract Administrator

$832

J.P. LAMBORN CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.P. LAMBORN CO. 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