Retirement plan

SERVCO BUILDERS 401(K) PROFIT SHARING PLAN

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

SERVCO INC. DBA SERVCO BUILDERSEIN 90-0494813Plan #001PY 2022

18011 SKY PARK CIRCLE, SUITE E - IRVINE, CA 92614949-955-2300

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$968K

+3.1% from 2021

Total participants

+11.4% from 2021

Average account balance

$28,468

-9.0% from 2021

Annual return

-18.50%

-30.42 pp from 2021

Benchmarks

See 17,347 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort17,347 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$186K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2856

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 codes2E2J2T3D

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.
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

$24K

$884 / participant

Other / not subdivided$24K100.0%

% of EOY assets

2.465%

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

$28,468

$64,716-56.0%

$112,258-74.6%

$68,495-58.4%

Participation rate

81.5%

67.2%+14.3pp

75.1%+6.4pp

67.9%+13.6pp

Annual return

-18.50%

-11.40%-7.1pp

27.47%-46.0pp

-7.84%-10.7pp

Employer contribution / active EE

$5,578

$2,746+103.1%

$3,636+53.4%

$2,596+114.8%

Participant deferral / active EE

$2,298

$3,565-35.5%

$4,728-51.4%

$4,028-42.9%

Admin fee / account holder

$702

$5,232-86.6%

$6,411-89.1%

$5,403-87.0%

SERVCO BUILDERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SERVCO BUILDERS 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