Retirement plan

HAMPTON TEDDER ELECTRIC COMPANY PROFIT SHARING PLAN

Name: HAMPTON TEDDER ELECTRIC COMPANY - HAMPTON TEDDER ELECTRIC COMPANY PROFIT SHARING PLAN (2023) Form 5500
Creator: HAMPTON TEDDER ELECTRIC COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAMPTON TEDDER ELECTRIC COMPANY PROFIT SHARING PLAN, HAMPTON TEDDER ELECTRIC COMPANY

HAMPTON TEDDER ELECTRIC COMPANYEIN 95-2485945Plan #002PY 2023

4571 STATE STREET - MONTCLAIR, CA 91763909-628-1253LinkedIn51-200 employeesutilities

Other plans on this EIN

1 filing

#003Retirement-$6.0M assets

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$19.4M

+8.5% from 2022

Total participants

263

+7.3% from 2022

Average account balance

$74,113

+0.2% from 2022

Annual return

1.64%

+4.29 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

$26.56M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

268

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY LLC Service code 19 · EIN 20-8764829 456 W. FOOTHILL BLVD · CLAREMONT, CA 91711	Securities Custodian	$9,737
LIDEN, NESTLE, SOLED & ASSOCIATES1 year Service code 12 · EIN 77-0204740 2535 TOWNSGATE ROAD #110 · WESTLAKE VILLAGE, CA 91361	Direct payment from the plan; Claims ...	$6,775

Plan features & details

Pension benefit codes2A2E2G2R3D3H

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$17K

$88 / participant

Contract admin$17K100.0%

% of EOY assets

0.085%

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: HOLTHOUSE CARLIN & VAN TRIGHT LLP
Auditor EIN: 954345526
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,113

$76,696-3.4%

$96,538-23.2%

$71,529+3.6%

Participation rate

99.5%

66.6%+32.9pp

74.3%+25.1pp

67.9%+31.5pp

Annual return

1.64%

48.32%-46.7pp

35.74%-34.1pp

28.97%-27.3pp

Employer contribution / active EE

$9,135

$3,032+201.3%

$3,740+144.2%

$2,590+252.7%

Participant deferral / active EE

$3,770-100.0%

$4,880-100.0%

$4,291-100.0%

Admin fee / account holder

$63

$2,030-96.9%

$6,737-99.1%

$1,588-96.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3 years

Filed as: MORGAN STANLEY LLC

Service code 19 · EIN 20-8764829

456 W. FOOTHILL BLVD · CLAREMONT, CA 91711

Securities Custodian

$9,737

LIDEN, NESTLE, SOLED & ASSOCIATES1 year

Service code 12 · EIN 77-0204740

2535 TOWNSGATE ROAD #110 · WESTLAKE VILLAGE, CA 91361

Direct payment from the plan; Claims ...

$6,775

HAMPTON TEDDER ELECTRIC COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAMPTON TEDDER ELECTRIC COMPANY 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