Skeffington Enterprises, Inc. 401(k) Plan

• Compliance

  Failed to transmit contributions

  Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

  Schedule H, line 4a
• Opportunity

  Low participation

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

  Lines 6a and 6g

Industry

23 - Construction

Plan type

Defined contribution

Participants

100-249

Cohort

3,452 peers

Snapshot

2024

Target-date series: John Hancock Lifetime Blend, collective trust, 64% of fund dollars

Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.

• 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.
• 2R
  Participant-directed brokerage accounts

  Participant-directed brokerage accounts provided as an investment option under the plan.
• 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)).