Retirement plan

EMPLOYEE BENEFIT PLAN OF NELSON & SONS

Name: NELSON & SONS CONSTRUCTION CO, INC. - EMPLOYEE BENEFIT PLAN OF NELSON & SONS (2024) Form 5500
Creator: NELSON & SONS CONSTRUCTION CO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF NELSON & SONS, NELSON & SONS CONSTRUCTION CO, INC.

NELSON & SONS CONSTRUCTION CO, INC.EIN 91-1726988Plan #001PY 2024

7303A W BOSTIAN ROAD - WOODINVILLE, WA 98072360-668-3800

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$14.7M

+10.9% from 2023

Total participants

217

-2.3% from 2023

Average account balance

$68,808

+10.9% from 2023

Annual return

11.64%

-5.16 pp from 2023

Benchmarks

See 95 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Cohort95 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$14.72M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

214

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$204

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA INVESTMENT ADVISORS Service code 64 2301 ROSECRANS AVENUE · EL SEGUNDO, CA 90245	Recordkeeping Fees	$39,872
VOYA RETIREMENT INSURANCE & ANNUITY8 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$3,723

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$44K

$440 / participant

Contract admin$3K7.2%
Other / not subdivided$40K92.8%

% of EOY assets

0.296%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,808

$198,836-65.4%

$103,333-33.4%

Participation rate

97.0%

60.8%+36.1pp

74.5%+22.5pp

Annual return

11.64%

12.43%-0.8pp

24.88%-13.2pp

Employer contribution / active EE

$3,720

$2,607+42.7%

$3,868-3.8%

Participant deferral / active EE

$8,210

$3,407+141.0%

$5,057+62.3%

Admin fee / account holder

$204

$10,004-98.0%

$8,355-97.6%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA INVESTMENT ADVISORS

Service code 64

2301 ROSECRANS AVENUE · EL SEGUNDO, CA 90245

Recordkeeping Fees

$39,872

VOYA RETIREMENT INSURANCE & ANNUITY8 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$3,723

EMPLOYEE BENEFIT PLAN OF NELSON & SONS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF NELSON & SONS

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