Retirement plan

CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST

Name: CONCRETE TECHNOLOGY CORPORATION - CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST (2018) Form 5500
Creator: CONCRETE TECHNOLOGY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST, CONCRETE TECHNOLOGY CORPORATION

CONCRETE TECHNOLOGY CORPORATIONEIN 91-0656308Plan #006PY 2018

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

Other plans on this EIN

2 filings

#003Retirement-$9.1M assets #004Retirement-$1.8M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$6M

+2.9% from 2017

Total participants

-1.9% from 2017

Average account balance

$115,693

+4.9% from 2017

Annual return

4.66%

-3.98 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.83M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

103.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$374K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8140

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 codes2C2G2F2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$428K

$8559 / participant

Other / not subdivided$428K100.0%

% of EOY assets

7.114%

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

$115,693

$61,660+87.6%

$80,022+44.6%

$64,173+80.3%

Participation rate

100.0%

71.7%+28.3pp

75.8%+24.2pp

69.6%+30.4pp

Annual return

4.66%

-0.33%+5.0pp

11.22%-6.6pp

7.63%-3.0pp

Employer contribution / active EE

$6,545

$1,810+261.5%

$2,468+165.2%

$2,381+174.9%

Participant deferral / active EE

$2,968-100.0%

$3,686-100.0%

$3,470-100.0%

Admin fee / account holder

$8,230

$5,417+51.9%

$6,521+26.2%

$4,887+68.4%

CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND 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