Retirement plan

MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST

Name: CENTURY COMPANIES, INC. - MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST (2023) Form 5500
Creator: CENTURY COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST, CENTURY COMPANIES, INC.

CENTURY COMPANIES, INC.EIN 81-0359330Plan #002PY 2023

PO BOX 579 - LEWISTOWN, MT 59457406-535-1230centuryci.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$16.1M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$7.1M

+23.8% from 2022

Total participants

281

+8.1% from 2022

Average account balance

$26,125

+17.5% from 2022

Annual return

19.23%

+35.40 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.86M

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.

298

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$945K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$177

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 5 by compensation

Provider	Service type	Compensation
CULLEN CAPITAL MANAGEMENT LLC2 years Service code 28 · EIN 06-1614949	Investment Management	$9,769
LOOMIS SAYLES9+ years Filed as: LOOMIS, SAYLES & COMPANY, L.P. Service code 28 · EIN 04-3200030	Investment Management	$9,091
MERRILL LYNCH PIERCE FENNER & SMITH8 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 · EIN 13-5674085	Advisory (Plan)	$7,766
ADMN COMMITTEE, MT CONTRACTORS ASSN9+ years Service code 14 · EIN 81-0448832	Plan Administrator	$5,583
SEGALL BRYANT & HAMILL5 years Filed as: SEGALL BRYANT & HAMILL, LLC Service code 28 · EIN 41-1788385	Investment Management	$5,029

Plan features & details

Pension benefit codes2E2J3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$44K

$249 / participant

Recordkeeping$2020.5%
Investment mgmt$34K77.6%
Legal$3K6.4%
Other / not subdivided$7K15.6%

% of EOY assets

0.612%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: $441
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,125

$76,696-65.9%

$96,538-72.9%

$71,529-63.5%

Participation rate

95.4%

66.6%+28.9pp

74.3%+21.1pp

67.9%+27.5pp

Annual return

19.23%

48.32%-29.1pp

35.74%-16.5pp

28.97%-9.7pp

Employer contribution / active EE

$150

$3,032-95.1%

$3,740-96.0%

$2,590-94.2%

Participant deferral / active EE

$3,152

$3,770-16.4%

$4,880-35.4%

$4,291-26.6%

Admin fee / account holder

$160

$2,030-92.1%

$6,737-97.6%

$1,588-89.9%

Provider

Service type

Compensation

CULLEN CAPITAL MANAGEMENT LLC2 years

Service code 28 · EIN 06-1614949

Investment Management

$9,769

LOOMIS SAYLES9+ years

Filed as: LOOMIS, SAYLES & COMPANY, L.P.

Service code 28 · EIN 04-3200030

Investment Management

$9,091

MERRILL LYNCH PIERCE FENNER & SMITH8 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 27 · EIN 13-5674085

Advisory (Plan)

$7,766

ADMN COMMITTEE, MT CONTRACTORS ASSN9+ years

Service code 14 · EIN 81-0448832

Plan Administrator

$5,583

SEGALL BRYANT & HAMILL5 years

Filed as: SEGALL BRYANT & HAMILL, LLC

Service code 28 · EIN 41-1788385

Investment Management

$5,029

MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST

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