Retirement plan

HEI CIVIL 401(K) PLAN

Name: HUDICK EXCAVATING, INC. - HEI CIVIL 401(K) PLAN (2020) Form 5500
Creator: HUDICK EXCAVATING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEI CIVIL 401(K) PLAN, HUDICK EXCAVATING, INC.

HUDICK EXCAVATING, INC.dba DBA HEI CIVILEIN 84-0816514Plan #002PY 2020

5460 MONTANA VISTA WAY - CASTLE ROCK, CO 80108303-688-9500hudickexcavating.comLinkedIn11-50 employeesconstruction

Prospect flagsLow participationLow assets / participantRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$1.1M

+121.1% from 2019

Total participants

311

-40.9% from 2019

Average account balance

$10,758

+47.4% from 2019

Annual return

52.87%

-13.77 pp from 2019

Benchmarks

See 275 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort275 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.39M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

195

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.

39.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.04%

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 10 of 12 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3+ years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$6,117
AMERICAN REALTY ADVISORS3+ years Filed as: AMERICAN BEACON FUNDS Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN FUNDS3+ years Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK2 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
COLUMBIA3+ years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
FEDERATED3+ years Filed as: FEDERATED FUNDS Service code 28 · EIN 25-1111467	Investment Management	$0
THE HARTFORD3+ years Filed as: HARTFORD MUTUAL FUNDS Service code 28 · EIN 13-3317783	Investment Management	$0
MORGAN STANLEY SMITH BARNEY3+ years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
PIMCO FUNDS3+ years Service code 28 · EIN 33-0629048	Investment Management	$0
T ROWE PRICE RPS INC3+ years Filed as: T ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$6K

$20 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.541%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,758

$58,101-81.5%

$118,946-91.0%

$73,412-85.3%

Participation rate

31.8%

56.1%-24.3pp

75.4%-43.6pp

72.2%-40.4pp

Annual return

52.87%

20.56%+32.3pp

35.89%+17.0pp

59.30%-6.4pp

Employer contribution / active EE

$1,445-100.0%

$3,263-100.0%

$2,234-100.0%

Participant deferral / active EE

$1,383

$2,400-42.4%

$4,266-67.6%

$3,806-63.7%

Admin fee / account holder

$58

$138-57.8%

$6,581-99.1%

$158-63.1%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3+ years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$6,117

AMERICAN REALTY ADVISORS3+ years

Filed as: AMERICAN BEACON FUNDS

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN FUNDS3+ years

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK2 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

COLUMBIA3+ years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

FEDERATED3+ years

Filed as: FEDERATED FUNDS

Service code 28 · EIN 25-1111467

Investment Management

THE HARTFORD3+ years

Filed as: HARTFORD MUTUAL FUNDS

Service code 28 · EIN 13-3317783

Investment Management

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

PIMCO FUNDS3+ years

Service code 28 · EIN 33-0629048

Investment Management

T ROWE PRICE RPS INC3+ years

Filed as: T ROWE PRICE RPS, INC

Service code 15

Recordkeeping

HEI CIVIL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEI CIVIL 401(K) 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