Retirement plan

TEXTON CONSTRUCTION CO., INC. 401(K) PLAN

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

TEXTON CONSTRUCTION CO., INC.EIN 95-4150694Plan #002PY 2023

300 W VALLEY BLVD - SAN GABRIEL, CA 917763727818-612-4634LinkedIn1-10 employeesconsumer electronics

Other plans on this EIN

1 filing

#001Retirement-$1.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$701K

+23.2% from 2022

Total participants

-16.7% from 2022

Average account balance

$140,129

+47.9% from 2022

Annual return

19.45%

+24.35 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$908K

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+22.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$30K

$10027 / participant

Other / not subdivided$30K100.0%

% of EOY assets

4.293%

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

$140,129

$106,280+31.8%

$96,538+45.2%

$139,487+0.5%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

19.45%

38.48%-19.0pp

35.74%-16.3pp

373.84%-354.4pp

Employer contribution / active EE

$2,220

$4,107-45.9%

$3,740-40.6%

$4,755-53.3%

Participant deferral / active EE

$15,000

$5,457+174.9%

$4,880+207.3%

$6,713+123.5%

Admin fee / account holder

$6,016

$7,888-23.7%

$6,737-10.7%

$11,407-47.3%

TEXTON CONSTRUCTION CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEXTON CONSTRUCTION CO., INC. 401(K) 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