Retirement plan

J.A. PLACEK CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: J.A. PLACEK CONSTRUCTION COMPANY, INC. - J.A. PLACEK CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: J.A. PLACEK CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.A. PLACEK CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN, J.A. PLACEK CONSTRUCTION COMPANY, INC.

J.A. PLACEK CONSTRUCTION COMPANY, INC.EIN 95-2750900Plan #001PY 2020

12771 E. IMPERIAL HWY. - SANTA FE, CA 90670562-944-7985japlacek.comLinkedIn1-10 employeesconstruction

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$829K

+10.3% from 2019

Total participants

+11.1% from 2019

Average account balance

$103,624

-58.6% from 2019

Annual return

7.63%

-5.30 pp from 2019

Benchmarks

See 42,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,037 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$139K

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

+15.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3333

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$32K

$3200 / participant

Other / not subdivided$32K100.0%

% of EOY assets

3.860%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$103,624

$115,810-10.5%

$101,271+2.3%

$158,966-34.8%

Participation rate

80.0%

79.4%+0.6pp

75.8%+4.2pp

82.0%-2.0pp

Annual return

7.63%

56.15%-48.5pp

46.48%-38.8pp

302.95%-295.3pp

Employer contribution / active EE

$646

$4,175-84.5%

$3,660-82.4%

$4,762-86.4%

Participant deferral / active EE

$4,218

$4,958-14.9%

$4,371-3.5%

$5,983-29.5%

Admin fee / account holder

$4,000

$7,248-44.8%

$5,948-32.7%

$11,250-64.4%

J.A. PLACEK CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.A. PLACEK CONSTRUCTION COMPANY, 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