Retirement plan

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: LOGAN STREET HOLDINGS, INC. - WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: LOGAN STREET HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, LOGAN STREET HOLDINGS, INC.

LOGAN STREET HOLDINGS, INC.EIN 83-2205892Plan #002PY 2023

4500 ROBARDS LANE - LOUISVILLE, KY 40218502-636-0002

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13M

+19.4% from 2022

Total participants

+26.3% from 2022

Average account balance

$288,800

+0.8% from 2022

Annual return

15.75%

+29.32 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.56M

Not enough data

1 years with asset history on file

Average account balance

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

$440K

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.

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

$467K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11038

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$377K

$15726 / participant

Other / not subdivided$377K100.0%

% of EOY assets

2.904%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$288,800

$106,247+171.8%

$96,515+199.2%

$139,466+107.1%

Participation rate

87.5%

77.8%+9.7pp

74.3%+13.2pp

80.3%+7.2pp

Annual return

15.75%

38.47%-22.7pp

35.73%-20.0pp

373.66%-357.9pp

Employer contribution / active EE

$26,519

$4,106+545.9%

$3,740+609.2%

$4,754+457.8%

Participant deferral / active EE

$5,456-100.0%

$4,880-100.0%

$6,712-100.0%

Admin fee / account holder

$8,387

$7,885+6.4%

$6,735+24.5%

$11,409-26.5%

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

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