Retirement plan

COATES ELECTRICAL AND INSTRUMENTATION 401 (K) PLAN

Name: COATES ELECTRICAL AND INSTRUMENTATION INC. - COATES ELECTRICAL AND INSTRUMENTATION 401 (K) PLAN (2024) Form 5500
Creator: COATES ELECTRICAL AND INSTRUMENTATION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COATES ELECTRICAL AND INSTRUMENTATION 401 (K) PLAN, COATES ELECTRICAL AND INSTRUMENTATION INC.

COATES ELECTRICAL AND INSTRUMENTATION INC.dba COATES ELECTRICEIN 87-0533078Plan #001PY 2024

2505 S 2050 W - WEST HAVEN, UT 844011001801-476-3139

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+12.0% from 2023

Total participants

-6.2% from 2023

Average account balance

$139,261

+15.1% from 2023

Annual return

19.69%

+5.12 pp from 2023

Benchmarks

See 18,562 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,562 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.17M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

135.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$559K

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

+19.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18064

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 codes2E2F2G2J2T3D

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.
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

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

$1.3M

$24419 / participant

Other / not subdivided$1M100.0%

% of EOY assets

12.971%

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

$139,261

$81,457+71.0%

$103,378+34.7%

$80,911+72.1%

Participation rate

94.4%

66.8%+27.6pp

74.5%+19.9pp

67.6%+26.8pp

Annual return

19.69%

25.58%-5.9pp

24.91%-5.2pp

35.63%-15.9pp

Employer contribution / active EE

$2,538

$3,107-18.3%

$3,870-34.4%

$2,756-7.9%

Participant deferral / active EE

$7,812

$3,871+101.8%

$5,058+54.4%

$4,297+81.8%

Admin fee / account holder

$18,064

$6,717+168.9%

$8,401+115.0%

$6,935+160.5%

COATES ELECTRICAL AND INSTRUMENTATION 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COATES ELECTRICAL AND INSTRUMENTATION 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