Retirement plan

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

Name: CHG BUILDING SYSTEMS, INC. - CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN (2020) Form 5500
Creator: CHG BUILDING SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN, CHG BUILDING SYSTEMS, INC.

CHG BUILDING SYSTEMS, INC.EIN 91-1394713Plan #002PY 2020

PO BOX 78448 - SEATTLE, WA 98178425-255-5747chgbuildingsystems.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$6.4M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.7M

+4.0% from 2019

Total participants

-11.9% from 2019

Average account balance

$153,346

+2.1% from 2019

Annual return

10.13%

-0.19 pp from 2019

Benchmarks

See 16,249 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.75M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$761K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11525

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 codes2C2F2G2T3D3H

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$24588 / participant

Other / not subdivided$1M100.0%

% of EOY assets

13.502%

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

$153,346

$72,273+112.2%

$101,275+51.4%

$79,856+92.0%

Participation rate

95.8%

68.5%+27.4pp

75.8%+20.0pp

69.6%+26.2pp

Annual return

10.13%

22.30%-12.2pp

46.48%-36.4pp

31.71%-21.6pp

Employer contribution / active EE

$12,943

$2,691+380.9%

$3,660+253.6%

$2,471+423.7%

Participant deferral / active EE

$3,282-100.0%

$4,371-100.0%

$3,741-100.0%

Admin fee / account holder

$20,705

$4,401+370.4%

$5,948+248.1%

$5,306+290.2%

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHG BUILDING SYSTEMS, INC. MONEY PURCHASE PLAN

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