Retirement plan

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

Name: JACKSON CONTRACTOR GROUP, INC. - MONTANA CONTRACTORS ASSOC., INC. 401(K) RETIREMENT PLAN & TRUST (2024) Form 5500
Creator: JACKSON CONTRACTOR GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTANA CONTRACTORS ASSOC., INC. 401(K) RETIREMENT PLAN & TRUST, JACKSON CONTRACTOR GROUP, INC.

JACKSON CONTRACTOR GROUP, INC.EIN 81-0535453Plan #002PY 2024

PO BOX 967 - MISSOULA, MT 59806406-542-9150jacksoncontractorgroup.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$21.2M assets

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$7M

+21.2% from 2023

Total participants

373

-20.8% from 2023

Average account balance

$22,600

+31.8% from 2023

Annual return

13.80%

-5.21 pp from 2023

Benchmarks

See 95 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Cohort95 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.98M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

309

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.

74.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$818K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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 LLC3 years Service code 28 · EIN 06-1614949	Investment Management	$9,969
LOOMIS SAYLES5 years Filed as: LOOMIS, SAYLES & COMPANY, L.P. Service code 28 · EIN 04-3200030	Investment Management	$8,810
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 · EIN 13-5674085	Advisory (Plan)	$7,660
ADMN COMMITTEE, MT CONTRACTORS ASSN9 years Service code 14 · EIN 81-0448832	Plan Administrator	$6,677

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$44K

$176 / participant

Recordkeeping$2540.6%
Investment mgmt$33K75.1%
Legal$3K7.5%
Other / not subdivided$7K16.8%

% of EOY assets

0.629%

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: $422
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,600

$198,836-88.6%

$102,437-77.9%

Participation rate

74.3%

60.8%+13.4pp

74.5%-0.2pp

Annual return

13.80%

12.43%+1.4pp

24.95%-11.1pp

Employer contribution / active EE

$2,607-100.0%

$3,871-100.0%

Participant deferral / active EE

$3,284

$3,407-3.6%

$5,060-35.1%

Admin fee / account holder

$142

$10,004-98.6%

$8,388-98.3%

Provider

Service type

Compensation

CULLEN CAPITAL MANAGEMENT LLC3 years

Service code 28 · EIN 06-1614949

Investment Management

$9,969

LOOMIS SAYLES5 years

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

Service code 28 · EIN 04-3200030

Investment Management

$8,810

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 27 · EIN 13-5674085

Advisory (Plan)

$7,660

ADMN COMMITTEE, MT CONTRACTORS ASSN9 years

Service code 14 · EIN 81-0448832

Plan Administrator

$6,677

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