Retirement plan

HOLLIDAY ROCK CO., INC. 401(K) PROFIT SHARING PLAN

Name: HOLLIDAY ROCK CO., INC. - HOLLIDAY ROCK CO., INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: HOLLIDAY ROCK CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLLIDAY ROCK CO., INC. 401(K) PROFIT SHARING PLAN, HOLLIDAY ROCK CO., INC.

HOLLIDAY ROCK CO., INC.EIN 95-2105161Plan #003PY 2023

1401 N. BENSON AVENUE - UPLAND, CA 91786909-972-0420hollidayrock.comLinkedIn501-1000 employeesconstruction

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$27.5M

+21.4% from 2022

Total participants

853

+46.6% from 2022

Average account balance

$63,671

+14.3% from 2022

Annual return

17.15%

+34.95 pp from 2022

Benchmarks

See 664 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.87M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

481

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.

49.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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 3 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT INC. Service code 27 120 VANTIS, STE 400 · ALISO VIEJO, CA 92656	Advisory (Plan)	$45,634
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$29,822
NATIONAL PENSION SERVICES CORP.4 years Filed as: NATIONAL PENSION SERVICES CORP Service code 13 206 N. FIRST AVENUE · ARCADIA, CA 91006	Contract Administrator	$3,400

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$74K

$94 / participant

Investment mgmt$74K100.0%

% of EOY assets

0.268%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROGERS, CLEM & COMPANY
Auditor EIN: 952694521
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,671

$49,763+27.9%

$70,565-9.8%

$74,473-14.5%

Participation rate

46.0%

64.6%-18.6pp

68.4%-22.3pp

70.7%-24.7pp

Annual return

17.15%

21.21%-4.1pp

32.79%-15.6pp

34.36%-17.2pp

Employer contribution / active EE

$1,748

$1,776-1.5%

$2,976-41.3%

$2,638-33.7%

Participant deferral / active EE

$2,434

$3,379-27.9%

$4,568-46.7%

$4,530-46.3%

Admin fee / account holder

$171

$316-46.1%

$6,430-97.3%

$347-50.9%

Provider

Service type

Compensation

NFP RETIREMENT INC2 years

Filed as: NFP RETIREMENT INC.

Service code 27

120 VANTIS, STE 400 · ALISO VIEJO, CA 92656

Advisory (Plan)

$45,634

AMERICAN FUNDS4 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$29,822

NATIONAL PENSION SERVICES CORP.4 years

Filed as: NATIONAL PENSION SERVICES CORP

Service code 13

206 N. FIRST AVENUE · ARCADIA, CA 91006

Contract Administrator

$3,400

HOLLIDAY ROCK CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLLIDAY ROCK CO., INC. 401(K) PROFIT SHARING 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