Retirement plan

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

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

UNITED MATERIALS OF GREAT FALLSEIN 81-0406935Plan #003PY 2023

PO BOX 1690 - GREAT FALLS, MT 59403406-453-7692unitedmaterialsgtf.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$12.7M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$7.7M

+22.0% from 2022

Total participants

240

+0.8% from 2022

Average account balance

$31,892

+21.0% from 2022

Annual return

19.67%

+36.09 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

$8.58M

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.

232

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$481K

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$216

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
CULLEN CAPITAL MANAGEMENT LLC2 years Service code 28 · EIN 06-1614949	Investment Management	$10,573
LOOMIS SAYLES9+ years Filed as: LOOMIS, SAYLES & COMPANY, L.P. Service code 28 · EIN 04-3200030	Investment Management	$9,840
MERRILL LYNCH PIERCE FENNER & SMITH7 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 · EIN 13-5674085	Advisory (Plan)	$8,405
SEGALL BRYANT & HAMILL5 years Filed as: SEGALL BRYANT & HAMILL, LLC Service code 28 · EIN 41-1788385	Investment Management	$5,443

Plan features & details

Pension benefit codes2E2J

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.

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

$45K

$304 / participant

Recordkeeping$1800.4%
Investment mgmt$37K80.8%
Legal$2K5.5%
Other / not subdivided$6K13.3%

% of EOY assets

0.592%

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: $392
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,892

$76,696-58.4%

$96,538-67.0%

$71,529-55.4%

Participation rate

100.0%

66.6%+33.4pp

74.3%+25.7pp

67.9%+32.1pp

Annual return

19.67%

48.32%-28.6pp

35.74%-16.1pp

28.97%-9.3pp

Employer contribution / active EE

$668

$3,032-78.0%

$3,740-82.1%

$2,590-74.2%

Participant deferral / active EE

$2,308

$3,770-38.8%

$4,880-52.7%

$4,291-46.2%

Admin fee / account holder

$189

$2,030-90.7%

$6,737-97.2%

$1,588-88.1%

Provider

Service type

Compensation

CULLEN CAPITAL MANAGEMENT LLC2 years

Service code 28 · EIN 06-1614949

Investment Management

$10,573

LOOMIS SAYLES9+ years

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

Service code 28 · EIN 04-3200030

Investment Management

$9,840

MERRILL LYNCH PIERCE FENNER & SMITH7 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 27 · EIN 13-5674085

Advisory (Plan)

$8,405

SEGALL BRYANT & HAMILL5 years

Filed as: SEGALL BRYANT & HAMILL, LLC

Service code 28 · EIN 41-1788385

Investment Management

$5,443

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