Retirement plan

CONSTRUCTION ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Name: CONSTRUCTION ELECTRIC, INC. - CONSTRUCTION ELECTRIC, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: CONSTRUCTION ELECTRIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSTRUCTION ELECTRIC, INC. 401(K) PROFIT SHARING PLAN, CONSTRUCTION ELECTRIC, INC.

CONSTRUCTION ELECTRIC, INC.EIN 95-3287784Plan #002PY 2021

18885 VAN BUREN BLVD., SUITE C4 - RIVERSIDE, CA 92508951-789-8350c-e-i.comLinkedIn11-50 employeescomputer networking

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$971K

+20.3% from 2020

Total participants

+2.6% from 2020

Average account balance

$25,553

+17.1% from 2020

Annual return

23.32%

+21.24 pp from 2020

Benchmarks

See 44,702 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,702 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.21M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

229.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$154K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1743

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 codes2E2F2G2J2T3D

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.
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 participant contribution
Participant 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

$142K

$10130 / participant

Other / not subdivided$142K100.0%

% of EOY assets

14.606%

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

$25,553

$124,330-79.4%

$109,173-76.6%

$167,536-84.7%

Participation rate

85.7%

79.5%+6.3pp

75.9%+9.8pp

82.1%+3.6pp

Annual return

23.32%

26.04%-2.7pp

25.75%-2.4pp

478.82%-455.5pp

Employer contribution / active EE

$7,199

$4,209+71.0%

$3,723+93.4%

$4,839+48.8%

Participant deferral / active EE

$825

$5,256-84.3%

$4,654-82.3%

$6,342-87.0%

Admin fee / account holder

$3,732

$7,974-53.2%

$6,755-44.7%

$12,315-69.7%

CONSTRUCTION ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSTRUCTION ELECTRIC, 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