Retirement plan

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

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

RIVERSIDE CONTRACTING, INC.EIN 81-0393633Plan #003PY 2023

5571 ALLOY SOUTH - MISSOULA, MT 59808406-721-9267LinkedIn51-200 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#002Retirement-$19.0M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.8M

+22.2% from 2022

Total participants

366

+10.9% from 2022

Average account balance

$30,510

+22.8% from 2022

Annual return

19.08%

+36.38 pp from 2022

Benchmarks

See 1,502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,502 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.16M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

221

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.

52.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$602K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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 3 by compensation

Provider	Service type	Compensation
CULLEN CAPITAL MANAGEMENT LLC2 years Service code 28 · EIN 06-1614949	Investment Management	$9,174
LOOMIS SAYLES8 years Filed as: LOOMIS, SAYLES & COMPANY, L.P. Service code 28 · EIN 04-3200030	Investment Management	$8,537
MERRILL LYNCH PIERCE FENNER & SMITH6 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 · EIN 13-5674085	Advisory (Plan)	$7,293

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

Expense breakdown

Schedule H Part II

Admin total

$40K

$147 / participant

Recordkeeping$1630.4%
Investment mgmt$32K80.1%
Legal$2K5.7%
Other / not subdivided$5K13.8%

% of EOY assets

0.581%

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: $356
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,510

$93,010-67.2%

$96,538-68.4%

$74,473-59.0%

Participation rate

47.4%

71.6%-24.2pp

74.3%-26.9pp

70.7%-23.3pp

Annual return

19.08%

37.50%-18.4pp

35.74%-16.7pp

34.36%-15.3pp

Employer contribution / active EE

$3,427-100.0%

$3,740-100.0%

$2,638-100.0%

Participant deferral / active EE

$2,352

$3,971-40.8%

$4,880-51.8%

$4,530-48.1%

Admin fee / account holder

$177

$633-72.0%

$6,737-97.4%

$347-48.9%

Provider

Service type

Compensation

CULLEN CAPITAL MANAGEMENT LLC2 years

Service code 28 · EIN 06-1614949

Investment Management

$9,174

LOOMIS SAYLES8 years

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

Service code 28 · EIN 04-3200030

Investment Management

$8,537

MERRILL LYNCH PIERCE FENNER & SMITH6 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 27 · EIN 13-5674085

Advisory (Plan)

$7,293

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