Retirement plan

W.G. CLARK CONSTRUCTION CO. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN

Name: W.G. CLARK CONSTRUCTION CO. - W.G. CLARK CONSTRUCTION CO. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN (2024) Form 5500
Creator: W.G. CLARK CONSTRUCTION CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.G. CLARK CONSTRUCTION CO. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN, W.G. CLARK CONSTRUCTION CO.

W.G. CLARK CONSTRUCTION CO.EIN 91-0618025Plan #001PY 2024

1945 YALE PLACE EAST - SEATTLE, WA 98102206-624-5244wgclark.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$56.6M

+1.4% from 2023

Total participants

208

-24.4% from 2023

Average account balance

$274,629

+34.9% from 2023

Annual return

14.65%

-2.91 pp from 2023

Benchmarks

See 3,448 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,448 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.57M

Not enough data

1 years with asset history on file

Average account balance

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

$275K

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.

206

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+14.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$683

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY7 years Filed as: MORGAN STANLEY SMITH BARNEY, LLC Service code 26 · EIN 20-8764829	Advisory (Participants)	$84,893
NORTHWEST PLAN SERVICES, INC.8 years Filed as: NORTHWEST PLAN SERVICES Service code 15 · EIN 91-2090931	Recordkeeping	$37,252
MATRIX TRUST COMPANY5 years Service code 19 · EIN 75-3182674	Securities Custodian	$18,516

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T2X

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

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

$141K

$1042 / participant

Trustee / custodial$19K13.2%
Investment mgmt$85K60.4%
Contract admin$37K26.5%

% of EOY assets

0.249%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SABEY CPA, PLLC
Auditor EIN: 832111556
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$274,629

$80,731+240.2%

$103,378+165.7%

$74,400+269.1%

Participation rate

98.5%

65.7%+32.8pp

74.5%+24.0pp

67.2%+31.3pp

Annual return

14.65%

27.56%-12.9pp

24.91%-10.3pp

1367.51%-1352.9pp

Employer contribution / active EE

$6,505

$3,159+105.9%

$3,870+68.1%

$2,624+147.9%

Participant deferral / active EE

$15,630

$3,862+304.7%

$5,058+209.0%

$4,348+259.5%

Admin fee / account holder

$683

$2,369-71.2%

$8,401-91.9%

$1,944-64.9%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY7 years

Filed as: MORGAN STANLEY SMITH BARNEY, LLC

Service code 26 · EIN 20-8764829

Advisory (Participants)

$84,893

NORTHWEST PLAN SERVICES, INC.8 years

Filed as: NORTHWEST PLAN SERVICES

Service code 15 · EIN 91-2090931

Recordkeeping

$37,252

MATRIX TRUST COMPANY5 years

Service code 19 · EIN 75-3182674

Securities Custodian

$18,516

W.G. CLARK CONSTRUCTION CO. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.G. CLARK CONSTRUCTION CO. EMPLOYEE SAVINGS AND 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