Retirement plan

ANDGAR RETIREMENT FUND

Name: ANDGAR CORPORATION - ANDGAR RETIREMENT FUND (2024) Form 5500
Creator: ANDGAR CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDGAR RETIREMENT FUND, ANDGAR CORPORATION

ANDGAR CORPORATIONEIN 91-0898015Plan #001PY 2024

PO BOX 2708 - FERNDALE, WA 982482708360-366-9900

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$16.8M

+28.2% from 2023

Total participants

281

+15.6% from 2023

Average account balance

$81,823

+25.7% from 2023

Annual return

27.29%

+12.30 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.77M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

205

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.

59.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+27.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$421

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 4 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS9+ years Filed as: AMERICAN NORTHWEST ADVISORY SERVICE Service code 28 · EIN 91-1998294	Investment Management	$52,411
AMERICAN REALTY ADVISORS6 years Filed as: AMERICAN NORTHWEST RPS Service code 15 · EIN 91-2165154	Recordkeeping	$14,124
LARSON GROSS ASSURANCE, PLLC1 year Service code 10 · EIN 33-2373484	Accounting	$12,530
BENEFIT TRUST CONPANY6 years Service code 19 · EIN 04-3581074	Securities Custodian	$7,237

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$86K

$459 / participant

Recordkeeping$14K16.4%
Trustee / custodial$7K8.4%
Investment mgmt$52K60.7%
Other / not subdivided$13K14.5%

% of EOY assets

0.515%

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: LARSON GROSS ASSURANCE, PLLC
Auditor EIN: 332373484
Audit fees: $12,530
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,823

$80,748+1.3%

$102,383-20.1%

$74,429+9.9%

Participation rate

59.6%

65.7%-6.1pp

74.5%-14.9pp

67.2%-7.6pp

Annual return

27.29%

27.57%-0.3pp

24.94%+2.4pp

1368.38%-1341.1pp

Employer contribution / active EE

$800

$3,159-74.7%

$3,870-79.3%

$2,625-69.5%

Participant deferral / active EE

$4,982

$3,861+29.0%

$5,060-1.5%

$4,348+14.6%

Admin fee / account holder

$421

$2,371-82.2%

$8,391-95.0%

$1,944-78.3%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS9+ years

Filed as: AMERICAN NORTHWEST ADVISORY SERVICE

Service code 28 · EIN 91-1998294

Investment Management

$52,411

AMERICAN REALTY ADVISORS6 years

Filed as: AMERICAN NORTHWEST RPS

Service code 15 · EIN 91-2165154

Recordkeeping

$14,124

LARSON GROSS ASSURANCE, PLLC1 year

Service code 10 · EIN 33-2373484

Accounting

$12,530

BENEFIT TRUST CONPANY6 years

Service code 19 · EIN 04-3581074

Securities Custodian

$7,237

ANDGAR RETIREMENT FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDGAR RETIREMENT FUND

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