Retirement plan

ROLLING PLAINS CONSTRUCTION EMPLOYEE SAVINGS TRUST

Name: ROLLING PLAINS CONSTRUCTION INC. - ROLLING PLAINS CONSTRUCTION EMPLOYEE SAVINGS TRUST (2023) Form 5500
Creator: ROLLING PLAINS CONSTRUCTION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROLLING PLAINS CONSTRUCTION EMPLOYEE SAVINGS TRUST, ROLLING PLAINS CONSTRUCTION INC.

ROLLING PLAINS CONSTRUCTION INC.EIN 84-0960975Plan #002PY 2023

12331 PEORIA STREET - HENDERSON, CO 80640303-659-7871

Prospect flagsLow participationLow participant contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$8.3M

+30.7% from 2022

Total participants

525

+16.9% from 2022

Average account balance

$60,937

-6.8% from 2022

Annual return

18.03%

+36.15 pp from 2022

Benchmarks

See 258 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants250-999

Cohort258 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.81M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

140

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.

20.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

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

+17.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$363

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT9+ years Filed as: RBC CAPITAL MARKETS CORP Service code 26 · EIN 41-1416330	Advisory (Participants)	$36,395
AMERICAN UNITED LIFE INSURANCE CO9+ years Service code 15 · EIN 35-0145825	Recordkeeping	$36,350

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3F3H

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$38K

$73 / participant

Contract admin$38K100.0%

% of EOY assets

0.453%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: OLSON, REYES AND SAUERWEIN, LLC
Auditor EIN: 260701023
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,937

$82,978-26.6%

$130,270-53.2%

$74,473-18.2%

Participation rate

24.0%

73.7%-49.6pp

76.3%-52.2pp

70.7%-46.7pp

Annual return

18.03%

123.05%-105.0pp

38.89%-20.9pp

34.36%-16.3pp

Employer contribution / active EE

$1,071

$3,391-68.4%

$4,128-74.1%

$2,638-59.4%

Participant deferral / active EE

$1,535

$5,370-71.4%

$6,797-77.4%

$4,530-66.1%

Admin fee / account holder

$276

$354-22.0%

$6,022-95.4%

$347-20.5%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT9+ years

Filed as: RBC CAPITAL MARKETS CORP

Service code 26 · EIN 41-1416330

Advisory (Participants)

$36,395

AMERICAN UNITED LIFE INSURANCE CO9+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$36,350

ROLLING PLAINS CONSTRUCTION EMPLOYEE SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROLLING PLAINS CONSTRUCTION EMPLOYEE SAVINGS 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