Retirement plan

CMG DRAINAGE ENGINEERING, INC. 401(K) ELECTIVE RETIREMENT PLAN

Name: CMG DRAINAGE ENGINEERING, INC. - CMG DRAINAGE ENGINEERING, INC. 401(K) ELECTIVE RETIREMENT PLAN (2023) Form 5500
Creator: CMG DRAINAGE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CMG DRAINAGE ENGINEERING, INC. 401(K) ELECTIVE RETIREMENT PLAN, CMG DRAINAGE ENGINEERING, INC.

CMG DRAINAGE ENGINEERING, INC.EIN 87-0435221Plan #002PY 2023

3555 N. MOUNTAIN AVE. - TUCSON, AZ 85719520-882-4244cmgdrainage.comLinkedIn1-10 employeescivil engineering

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.3M

-9.4% from 2022

Total participants

0.0% from 2022

Average account balance

$250,310

-9.4% from 2022

Annual return

25.39%

+57.57 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.41M

Not enough data

1 years with asset history on file

Average account balance

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

$379K

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

$85K

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

+12.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6843

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$113247 / participant

Other / not subdivided$1M100.0%

% of EOY assets

45.243%

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

$250,310

$106,247+135.6%

$96,515+159.3%

$139,466+79.5%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

25.39%

38.47%-13.1pp

35.73%-10.3pp

373.66%-348.3pp

Employer contribution / active EE

$3,680

$4,106-10.4%

$3,740-1.6%

$4,754-22.6%

Participant deferral / active EE

$12,964

$5,456+137.6%

$4,880+165.7%

$6,712+93.2%

Admin fee / account holder

$113,247

$7,885+1336.2%

$6,735+1581.4%

$11,409+892.6%

CMG DRAINAGE ENGINEERING, INC. 401(K) ELECTIVE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CMG DRAINAGE ENGINEERING, INC. 401(K) ELECTIVE RETIREMENT 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