Retirement plan

HENSEL PHELPS SALARY RETIREMENT PLAN

Name: HENSEL PHELPS CONSTRUCTION CO. - HENSEL PHELPS SALARY RETIREMENT PLAN (2024) Form 5500
Creator: HENSEL PHELPS CONSTRUCTION CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENSEL PHELPS SALARY RETIREMENT PLAN, HENSEL PHELPS CONSTRUCTION CO.

HENSEL PHELPS CONSTRUCTION CO.EIN 84-0876644Plan #060PY 2024

420 6TH AVENUE - GREELEY, CO 80631970-352-6565

Other plans on this EIN

1 filing

#070Retirement-$59.8M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$645.6M

-8.9% from 2016

Total participants

4,476

-6.7% from 2016

Average account balance

$177,072

-2.3% from 2016

Annual return

16.44%

-6.47 pp from 2016

Benchmarks

See 560 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort560 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$645.60M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

3,646

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$72

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$155,673
KESTRA INVESTMENT SERVICES LLC4 years Filed as: KESTRA ADVISORY SERVICES LLC Service code 49 5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735	Other Services	$53,844
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA FINANCIAL INC Service code 27 6500 R0CK SPRING DR STE 410 · BETHESDA, MD 20817	Advisory (Plan)	$26,922
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$20,709

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$263K

$71 / participant

Recordkeeping$116K44.2%
Investment mgmt$48K18.1%
Other trustee fees$27K10.2%
Contract admin$39K14.9%
Other / not subdivided$33K12.6%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: K FINANCIAL, INC.
Auditor EIN: 760726945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$177,072

$241,850-26.8%

$102,437+72.9%

$200,096-11.5%

Participation rate

77.7%

78.3%-0.7pp

74.5%+3.2pp

72.0%+5.7pp

Annual return

16.44%

17.67%-1.2pp

24.95%-8.5pp

34.26%-17.8pp

Employer contribution / active EE

$9,334

$4,253+119.5%

$3,871+141.1%

$3,038+207.3%

Participant deferral / active EE

$3,405

$3,961-14.0%

$5,060-32.7%

$5,090-33.1%

Admin fee / account holder

$72

$288-74.9%

$8,388-99.1%

$269-73.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 13 · EIN 06-1050034

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$155,673

KESTRA INVESTMENT SERVICES LLC4 years

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 49

5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735

Other Services

$53,844

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA FINANCIAL INC

Service code 27

6500 R0CK SPRING DR STE 410 · BETHESDA, MD 20817

Advisory (Plan)

$26,922

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$20,709

HENSEL PHELPS SALARY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENSEL PHELPS SALARY RETIREMENT 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