Retirement plan

HARDER MECHANICAL CONTRACTORS RETIREMENT PLAN

Name: HARDER MECHANICAL CONTRACTORS, INC. - HARDER MECHANICAL CONTRACTORS RETIREMENT PLAN (2024) Form 5500
Creator: HARDER MECHANICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARDER MECHANICAL CONTRACTORS RETIREMENT PLAN, HARDER MECHANICAL CONTRACTORS, INC.

HARDER MECHANICAL CONTRACTORS, INC.EIN 93-0525328Plan #001PY 2024

2148 NE MARTIN LUTHER KING JR BLVD - PORTLAND, OR 97212503-281-1112harder.comLinkedIn1001-5000 employeesconstruction

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed June 8, 2009

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$110.2M

+21.8% from 2023

Total participants

479

-10.0% from 2023

Average account balance

$231,491

+35.3% from 2023

Annual return

18.09%

-7.60 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

See peer percentile detail. $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.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$110.19M

Not enough data

1 years with asset history on file

Average account balance

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

$231K

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.

476

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+18.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$343

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 9-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.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
NWPS4 years Service code 13 · EIN 91-2090931	Contract Administrator	$53,891
SLOY DAHL & HOLST5 years Filed as: SLOY DAHL & HOLST LLC Service code 26 · EIN 93-0989022	Advisory (Participants)	$31,849
FISHER INVESTMENTS5 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$28,614
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 18 · EIN 42-1558009	Shareholder servicing fees; Trustee (...	$23,993
STOKER OSTLER WEALTH ADVISORS5 years Service code 26 · EIN 86-0862232	Advisory (Participants)	$21,199

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T2S3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$163K

$482 / participant

Recordkeeping$54K33.0%
Trustee / custodial$24K14.7%
Investment mgmt$82K50.5%
Other trustee fees$3K1.9%

% of EOY assets

0.148%

all-in expense ratio

Categories reported

4 / 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: HOFFMAN, STEWART & SCHMIDT
Auditor EIN: 930743240
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$231,491

$82,972+179.0%

$103,374+123.9%

$77,671+198.0%

Participation rate

99.1%

71.5%+27.6pp

74.5%+24.6pp

70.6%+28.5pp

Annual return

18.09%

19.14%-1.1pp

24.89%-6.8pp

31.21%-13.1pp

Employer contribution / active EE

$14,820

$3,554+317.0%

$3,869+283.0%

$2,726+443.5%

Participant deferral / active EE

$8,947

$4,108+117.8%

$5,058+76.9%

$4,648+92.5%

Admin fee / account holder

$343

$639-46.3%

$8,394-95.9%

$430-20.3%

Provider

Service type

Compensation

NWPS4 years

Service code 13 · EIN 91-2090931

Contract Administrator

$53,891

SLOY DAHL & HOLST5 years

Filed as: SLOY DAHL & HOLST LLC

Service code 26 · EIN 93-0989022

Advisory (Participants)

$31,849

FISHER INVESTMENTS5 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$28,614

CHARLES SCHWAB & CO., INC.5 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 18 · EIN 42-1558009

Shareholder servicing fees; Trustee (...

$23,993

STOKER OSTLER WEALTH ADVISORS5 years

Service code 26 · EIN 86-0862232

Advisory (Participants)

$21,199

HARDER MECHANICAL CONTRACTORS RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARDER MECHANICAL CONTRACTORS RETIREMENT PLAN

Top hat statement on fileNQDC

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