Retirement plan

THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Name: THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS - THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT (2023) Form 5500
Creator: THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT, THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS

THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERSEIN 86-0104787Plan #001PY 2023

2727 S. COUNTRY CLUB ROAD - TUCSON, AZ 85713520-624-5500LinkedIn201-500 employeesconstruction

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$6.5M

+9.2% from 2022

Total participants

177

+2.9% from 2022

Average account balance

$45,680

-19.1% from 2022

Annual return

14.99%

+28.96 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.17M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

135

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.

72.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$387K

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

+10.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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 1 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.9+ years Service code 19 · EIN 94-1737782	Securities Custodian	$35

Plan features & details

Pension benefit codes2E2F2J2K2T3D

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).
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.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$59 / participant

Recordkeeping$5K65.6%
Trustee / custodial$3K34.4%

% of EOY assets

0.115%

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: MORRISON, CLARK AND COMPANY CPAS
Auditor EIN: 201726469
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,680

$76,696-40.4%

$96,538-52.7%

$71,529-36.1%

Participation rate

73.4%

66.6%+6.9pp

74.3%-0.9pp

67.9%+5.5pp

Annual return

14.99%

48.32%-33.3pp

35.74%-20.7pp

28.97%-14.0pp

Employer contribution / active EE

$450

$3,032-85.2%

$3,740-88.0%

$2,590-82.6%

Participant deferral / active EE

$1,854

$3,770-50.8%

$4,880-62.0%

$4,291-56.8%

Admin fee / account holder

$52

$2,030-97.4%

$6,737-99.2%

$1,588-96.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.9+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$35

THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

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