Retirement plan

ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. 401(K) PLAN

Name: ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. - ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. 401(K) PLAN (2022) Form 5500
Creator: ZAP ENGINEERING & CONSTRUCTION SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. 401(K) PLAN, ZAP ENGINEERING & CONSTRUCTION SERVICES, INC.

ZAP ENGINEERING & CONSTRUCTION SERVICES, INC.EIN 84-1591845Plan #001PY 2022

755 PARFET ST., SUITE 200 - LAKEWOOD, CO 80215303-565-5537zapecs.comLinkedIn51-200 employeesoil & energy

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.9M

-14.3% from 2021

Total participants

218

+54.6% from 2021

Average account balance

$58,991

-35.8% from 2021

Annual return

-15.71%

-15.71 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.51M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

225

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

$2.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+19.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$255

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
HEIRLOOM WEALTH MANAGEMENT2+ years Service code 27 8400 E PRENTICE AVE · GREENWOOD VILLAGE, CO 80111	Advisory (Plan)	$20,046
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD RD · GREENWOOD, CO 80111	Recordkeeping Fees	$16,668
PENTEGRA SERVICES, INC.2+ years Filed as: PENTEGRA SERVICES, INC Service code 13 5350 SEVENTY SEVEN CENTER DR · CHARLOTTE, NC 28217	Contract Administrator	$7,281
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$2,838

Plan features & details

Pension benefit codes2E2F2G2J3D3H

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$42K

$226 / participant

Investment mgmt$23K54.8%
Contract admin$2K5.3%
Other / not subdivided$17K39.9%

% of EOY assets

0.422%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WATSON COON RYAN, LLC
Auditor EIN: 823543701
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,991

$84,493-30.2%

$125,381-53.0%

$66,938-11.9%

Participation rate

73.0%

76.4%-3.4pp

82.4%-9.4pp

69.8%+3.2pp

Annual return

-15.71%

-8.49%-7.2pp

572.31%-588.0pp

1.58%-17.3pp

Employer contribution / active EE

$2,874

$3,554-19.1%

$4,815-40.3%

$2,545+12.9%

Participant deferral / active EE

$6,225

$6,783-8.2%

$7,448-16.4%

$4,238+46.9%

Admin fee / account holder

$249

$685-63.7%

$10,007-97.5%

$594-58.1%

Provider

Service type

Compensation

HEIRLOOM WEALTH MANAGEMENT2+ years

Service code 27

8400 E PRENTICE AVE · GREENWOOD VILLAGE, CO 80111

Advisory (Plan)

$20,046

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 64

8515 EAST ORCHARD RD · GREENWOOD, CO 80111

Recordkeeping Fees

$16,668

PENTEGRA SERVICES, INC.2+ years

Filed as: PENTEGRA SERVICES, INC

Service code 13

5350 SEVENTY SEVEN CENTER DR · CHARLOTTE, NC 28217

Contract Administrator

$7,281

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$2,838

ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZAP ENGINEERING & CONSTRUCTION SERVICES, INC. 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