Retirement plan

R. W. SCOTT CONSTRUCTION COMPANY, INC. 401-K PROFIT SHARING PLAN

Name: R. W. SCOTT CONSTRUCTION COMPANY, INC. - R. W. SCOTT CONSTRUCTION COMPANY, INC. 401-K PROFIT SHARING PLAN (2023) Form 5500
Creator: R. W. SCOTT CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R. W. SCOTT CONSTRUCTION COMPANY, INC. 401-K PROFIT SHARING PLAN, R. W. SCOTT CONSTRUCTION COMPANY, INC.

R. W. SCOTT CONSTRUCTION COMPANY, INC.EIN 95-3239315Plan #003PY 2023

1455 FAIRWAY DRIVE - SANTA MARIA, CA 93455805-925-5540

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+20.7% from 2022

Total participants

+6.9% from 2022

Average account balance

$40,533

+22.8% from 2022

Annual return

15.42%

+34.31 pp from 2022

Benchmarks

See 18,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,032 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.38M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

145.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$237K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7040

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

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

$189K

$5405 / participant

Other / not subdivided$189K100.0%

% of EOY assets

8.485%

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

$40,533

$73,988-45.2%

$96,538-58.0%

$75,177-46.1%

Participation rate

80.0%

66.4%+13.6pp

74.3%+5.7pp

67.2%+12.8pp

Annual return

15.42%

26.73%-11.3pp

35.74%-20.3pp

160.75%-145.3pp

Employer contribution / active EE

$5,145

$2,930+75.6%

$3,740+37.6%

$2,671+92.6%

Participant deferral / active EE

$2,853

$3,660-22.1%

$4,880-41.5%

$4,126-30.9%

Admin fee / account holder

$3,439

$5,220-34.1%

$6,737-49.0%

$5,651-39.1%

R. W. SCOTT CONSTRUCTION COMPANY, INC. 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R. W. SCOTT 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