Retirement plan

ERICKSON-HALL CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Name: ERICKSON-HALL CONSTRUCTION COMPANY - ERICKSON-HALL CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: ERICKSON-HALL CONSTRUCTION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERICKSON-HALL CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN AND TRUST, ERICKSON-HALL CONSTRUCTION COMPANY

ERICKSON-HALL CONSTRUCTION COMPANYEIN 91-1903631Plan #002PY 2023

500 CORPORATE DRIVE - ESCONDIDO, CA 92029760-796-7700ericksonhall.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$29M

+14.0% from 2022

Total participants

254

+8.5% from 2022

Average account balance

$114,197

+5.0% from 2022

Annual return

15.81%

+32.18 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.18M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

270

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$419

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
ALDRICH WEALTH LIMITED PARTNERSHIP7 years Service code 27 PO BOX 35142 LB#1035 · SEATTLE, WA 981245142	Advisory (Plan)	$65,601
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$36,814
PRIME CAPITAL INVESTMENT ADVISORS2 years Filed as: PRIME RETIREMENT SOLUTIONS LLC Service code 13 25B VREELAND RD STE 209 · FLORHAM PARK, NJ 07932	Contract Administrator	$10,965
ROORDA, PIQUET & BESSEE, INC.2 years Filed as: ROORDA PIQUET & BESSEE INC Service code 10 5995 BROCKTON 2ND FLOOR · RIVERSIDE, CA 92506	Accounting	$10,000

Plan features & details

Pension benefit codes2A2E2F2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

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

$116K

$599 / participant

Investment mgmt$66K56.4%
Contract admin$41K35.0%
Other / not subdivided$10K8.6%

% of EOY assets

0.401%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROORDA, PIQUET & BESSE, INC.
Auditor EIN: 330252865
Audit fees: $10,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$114,197

$76,696+48.9%

$96,538+18.3%

$71,529+59.7%

Participation rate

100.0%

66.6%+33.4pp

74.3%+25.7pp

67.9%+32.1pp

Annual return

15.81%

48.32%-32.5pp

35.74%-19.9pp

28.97%-13.2pp

Employer contribution / active EE

$5,978

$3,032+97.2%

$3,740+59.8%

$2,590+130.8%

Participant deferral / active EE

$8,706

$3,770+130.9%

$4,880+78.4%

$4,291+102.9%

Admin fee / account holder

$458

$2,030-77.4%

$6,737-93.2%

$1,588-71.2%

Provider

Service type

Compensation

ALDRICH WEALTH LIMITED PARTNERSHIP7 years

Service code 27

PO BOX 35142 LB#1035 · SEATTLE, WA 981245142

Advisory (Plan)

$65,601

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$36,814

PRIME CAPITAL INVESTMENT ADVISORS2 years

Filed as: PRIME RETIREMENT SOLUTIONS LLC

Service code 13

25B VREELAND RD STE 209 · FLORHAM PARK, NJ 07932

Contract Administrator

$10,965

ROORDA, PIQUET & BESSEE, INC.2 years

Filed as: ROORDA PIQUET & BESSEE INC

Service code 10

5995 BROCKTON 2ND FLOOR · RIVERSIDE, CA 92506

Accounting

$10,000

ERICKSON-HALL CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERICKSON-HALL CONSTRUCTION COMPANY 401(K) 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