Retirement plan

MILES SAND & GRAVEL COMPANY PROFIT SHARING PLAN AND TRUST

Name: MILES SAND & GRAVEL COMPANY - MILES SAND & GRAVEL COMPANY PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: MILES SAND & GRAVEL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILES SAND & GRAVEL COMPANY PROFIT SHARING PLAN AND TRUST, MILES SAND & GRAVEL COMPANY

MILES SAND & GRAVEL COMPANYEIN 91-0815076Plan #001PY 2022

400 VALLEY AVE NE - PUYALLUP, WA 983722516253-833-3705miles.rocksLinkedIn501-1000 employeesbuilding materials

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$40.7M

-23.0% from 2021

Total participants

443

0.0% from 2021

Average account balance

$91,849

-23.0% from 2021

Annual return

-10.59%

-42.61 pp from 2021

Benchmarks

See 1,172 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,172 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$58.11M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

461

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.

83.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+10.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$202

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL BANK Service code 15 · EIN 42-1466678	Recordkeeping	$77,877
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$78K

$188 / participant

Investment mgmt$78K100.0%

% of EOY assets

0.191%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PATRICIA A COVENTRY CPA PS
Auditor EIN: 832730738
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,849

$81,948+12.1%

$90,766+1.2%

$64,824+41.7%

Participation rate

100.0%

80.5%+19.5pp

75.7%+24.3pp

71.5%+28.5pp

Annual return

-10.59%

-12.53%+1.9pp

-12.16%+1.6pp

32.84%-43.4pp

Employer contribution / active EE

$6,493

$3,067+111.7%

$2,922+122.2%

$2,507+159.0%

Participant deferral / active EE

$4,844-100.0%

$4,565-100.0%

$4,311-100.0%

Admin fee / account holder

$176

$157+11.9%

$8,446-97.9%

$188-6.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL BANK

Service code 15 · EIN 42-1466678

Recordkeeping

$77,877

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

MILES SAND & GRAVEL COMPANY PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILES SAND & GRAVEL COMPANY PROFIT SHARING 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