Retirement plan

CONCRETE TECHNOLOGY CORP. EMPLOYEE SAVINGS INCENTIVE PLAN & TRUST

Name: CONCRETE TECHNOLOGY CORPORATION - CONCRETE TECHNOLOGY CORP. EMPLOYEE SAVINGS INCENTIVE PLAN & TRUST (2024) Form 5500
Creator: CONCRETE TECHNOLOGY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONCRETE TECHNOLOGY CORP. EMPLOYEE SAVINGS INCENTIVE PLAN & TRUST, CONCRETE TECHNOLOGY CORPORATION

CONCRETE TECHNOLOGY CORPORATIONEIN 91-0656308Plan #003PY 2024

1123 PORT OF TACOMA ROAD - TACOMA, WA 98421253-383-3545concretetech.comLinkedIn201-500 employeesbuilding materials

Other plans on this EIN

2 filings

#006Retirement-$7.0M assets #004Retirement-$3.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+1.2% from 2023

Total participants

+3.2% from 2023

Average account balance

$182,617

+1.2% from 2023

Annual return

13.77%

+2.04 pp from 2023

Benchmarks

See 5,402 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,402 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.43M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$923K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20681

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

$2.1M

$36396 / participant

Other / not subdivided$2M100.0%

% of EOY assets

20.286%

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

$182,617

$87,037+109.8%

$106,201+72.0%

$80,874+125.8%

Participation rate

86.0%

70.4%+15.5pp

75.3%+10.7pp

67.6%+18.3pp

Annual return

13.77%

17.05%-3.3pp

116.26%-102.5pp

35.62%-21.9pp

Employer contribution / active EE

$3,559

$2,396+48.5%

$3,170+12.3%

$2,756+29.2%

Participant deferral / active EE

$10,432

$3,986+161.7%

$5,012+108.1%

$4,297+142.8%

Admin fee / account holder

$37,046

$8,434+339.2%

$11,039+235.6%

$6,935+434.2%

CONCRETE TECHNOLOGY CORP. EMPLOYEE SAVINGS INCENTIVE PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONCRETE TECHNOLOGY CORP. EMPLOYEE SAVINGS INCENTIVE PLAN & TRUST

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