Retirement plan

ABE GEOTECH, LLC 401(K) PROFIT SHARING PLAN

Name: ABE GEOTECH, LLC - ABE GEOTECH, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ABE GEOTECH, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABE GEOTECH, LLC 401(K) PROFIT SHARING PLAN, ABE GEOTECH, LLC

ABE GEOTECH, LLCEIN 84-4036031Plan #001PY 2022

1965 VAUGHN ROAD STE C - KENNESAW, GA 301447025770-425-5646

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-14.1% from 2021

Total participants

-20.8% from 2021

Average account balance

$75,816

-8.3% from 2021

Annual return

-12.62%

-19.88 pp from 2021

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.13M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$174K

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

+12.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18645

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$195K

$10845 / participant

Other / not subdivided$195K100.0%

% of EOY assets

17.166%

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

$75,816

$133,981-43.4%

$112,249-32.5%

$134,532-43.6%

Participation rate

77.8%

78.6%-0.8pp

75.1%+2.7pp

81.2%-3.5pp

Annual return

-12.62%

47.16%-59.8pp

27.48%-40.1pp

418.27%-430.9pp

Employer contribution / active EE

$2,949

$4,040-27.0%

$3,636-18.9%

$4,741-37.8%

Participant deferral / active EE

$6,824

$5,292+29.0%

$4,729+44.3%

$6,401+6.6%

Admin fee / account holder

$13,014

$7,492+73.7%

$6,412+103.0%

$11,429+13.9%

ABE GEOTECH, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABE GEOTECH, LLC 401(K) PROFIT SHARING 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