Retirement plan

CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST

Name: CONCRETE TECHNOLOGY CORPORATION - CONCRETE TECHNOLOGY CORPORATION MONEY PURCHASE PENSION PLAN AND TRUST (2024) 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 2024

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

Other plans on this EIN

2 filings

#003Retirement-$10.2M assets #004Retirement-$3.7M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$7M

+5.9% from 2023

Total participants

+10.2% from 2023

Average account balance

$129,898

-3.9% from 2023

Annual return

13.43%

+2.69 pp from 2023

Benchmarks

See 5,399 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,399 peers

Snapshot2024

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

$858K

$17874 / participant

Other / not subdivided$858K100.0%

% of EOY assets

12.231%

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

$129,898

$87,106+49.1%

$105,607+23.0%

$80,935+60.5%

Participation rate

100.0%

70.4%+29.6pp

75.3%+24.7pp

67.7%+32.3pp

Annual return

13.43%

17.01%-3.6pp

116.11%-102.7pp

35.66%-22.2pp

Employer contribution / active EE

$7,433

$2,396+210.2%

$3,167+134.7%

$2,757+169.7%

Participant deferral / active EE

$3,986-100.0%

$5,011-100.0%

$4,299-100.0%

Admin fee / account holder

$15,888

$8,447+88.1%

$10,958+45.0%

$6,924+129.4%

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