Retirement plan

ABL DESIGN & CONSTRUCTION, INC. 401K PLAN

Name: ABL DESIGN & CONSTRUCTION, INC. - ABL DESIGN & CONSTRUCTION, INC. 401K PLAN (2023) Form 5500
Creator: ABL DESIGN & CONSTRUCTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABL DESIGN & CONSTRUCTION, INC. 401K PLAN, ABL DESIGN & CONSTRUCTION, INC.

ABL DESIGN & CONSTRUCTION, INC.EIN 84-1237487Plan #001PY 2023

6901 S YOSEMITE ST, STE 205 - CENTENNIAL, CO 80112303-525-1598

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$170K

+22.4% from 2022

Total participants

-14.3% from 2022

Average account balance

$33,913

+46.9% from 2022

Annual return

12.06%

+33.02 pp from 2022

Benchmarks

See 51,624 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,624 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$306K

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4308

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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$33K

$6555 / participant

Other / not subdivided$33K100.0%

% of EOY assets

19.329%

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

$33,913

$106,236-68.1%

$96,496-64.9%

$139,427-75.7%

Participation rate

80.0%

77.8%+2.2pp

74.3%+5.7pp

80.3%-0.3pp

Annual return

12.06%

38.43%-26.4pp

35.70%-23.6pp

373.27%-361.2pp

Employer contribution / active EE

$2,567

$4,104-37.5%

$3,738-31.3%

$4,752-46.0%

Participant deferral / active EE

$4,738

$5,455-13.1%

$4,879-2.9%

$6,711-29.4%

Admin fee / account holder

$6,555

$7,879-16.8%

$6,731-2.6%

$11,404-42.5%

ABL DESIGN & CONSTRUCTION, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABL DESIGN & CONSTRUCTION, INC. 401K 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