Retirement plan

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: LOGAN STREET HOLDINGS, INC. - WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2024) 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 AND TRUST, LOGAN STREET HOLDINGS, INC.

LOGAN STREET HOLDINGS, INC.EIN 83-2205892Plan #002PY 2024

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

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$18.9M

+45.1% from 2023

Total participants

+2.1% from 2023

Average account balance

$401,269

+38.9% from 2023

Annual return

44.91%

+29.16 pp from 2023

Benchmarks

See 54,852 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,852 peers

Snapshot2024

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

$488K

$21208 / participant

Other / not subdivided$488K100.0%

% of EOY assets

2.586%

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

$401,269

$110,337+263.7%

$102,383+291.9%

$145,877+175.1%

Participation rate

91.3%

77.9%+13.4pp

74.5%+16.8pp

80.3%+11.0pp

Annual return

44.91%

24.83%+20.1pp

24.94%+20.0pp

551.28%-506.4pp

Employer contribution / active EE

$16,822

$4,216+299.0%

$3,870+334.6%

$4,663+260.8%

Participant deferral / active EE

$5,621-100.0%

$5,060-100.0%

$6,691-100.0%

Admin fee / account holder

$10,378

$9,750+6.4%

$8,391+23.7%

$13,402-22.6%

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALKER MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 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