Retirement plan

FIRST FENCE OF GEORGIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST FENCE OF GEORGIA, INC. - FIRST FENCE OF GEORGIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2022) Form 5500
Creator: FIRST FENCE OF GEORGIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST FENCE OF GEORGIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN, FIRST FENCE OF GEORGIA, INC.

FIRST FENCE OF GEORGIA, INC.EIN 84-2947146Plan #003PY 2022

1779 BIG SHANTY DRIVE - KENNESAW, GA 30144770-422-9996LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$1.1M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.5M

+28.1% from 2021

Total participants

+7.1% from 2021

Average account balance

$182,813

+19.5% from 2021

Annual return

20.23%

-69.91 pp from 2021

Benchmarks

See 17,340 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort17,340 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.76M

Not enough data

1 years with asset history on file

Average account balance

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

$305K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$371K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+21.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5096

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 codes2E2P3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$136K

$4684 / participant

Other / not subdivided$136K100.0%

% of EOY assets

2.477%

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

$182,813

$64,729+182.4%

$112,263+62.8%

$68,490+166.9%

Participation rate

100.0%

67.2%+32.8pp

75.1%+24.9pp

67.9%+32.1pp

Annual return

20.23%

-11.40%+31.6pp

27.49%-7.3pp

-7.85%+28.1pp

Employer contribution / active EE

$11,857

$2,746+331.8%

$3,636+226.1%

$2,597+356.6%

Participant deferral / active EE

$3,566-100.0%

$4,729-100.0%

$4,028-100.0%

Admin fee / account holder

$4,528

$5,222-13.3%

$6,410-29.4%

$5,403-16.2%

FIRST FENCE OF GEORGIA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST FENCE OF GEORGIA, INC. EMPLOYEE STOCK OWNERSHIP 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