Retirement plan

CONCRETE HOLDING COMPANY 401(K) RETIREMENT PLAN

Name: CONCRETE HOLDING COMPANY OF CALIFIORNIA, INC - CONCRETE HOLDING COMPANY 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: CONCRETE HOLDING COMPANY OF CALIFIORNIA, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONCRETE HOLDING COMPANY 401(K) RETIREMENT PLAN, CONCRETE HOLDING COMPANY OF CALIFIORNIA, INC

CONCRETE HOLDING COMPANY OF CALIFIORNIA, INCEIN 95-4190869Plan #001PY 2024

15821 VENTURA BLVD STE 475 - ENCINO, CA 914364778818-728-5226LinkedIn11-50 employees

Other plans on this EIN

1 filing

#010Retirement-$23.8M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$33.8M

+10.6% from 2023

Total participants

263

+6.0% from 2023

Average account balance

$138,096

+3.0% from 2023

Annual return

11.30%

-1.83 pp from 2023

Benchmarks

See 1,849 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,849 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.83M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

245

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.81M

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

+11.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$32,730

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$51K

$252 / participant

Investment mgmt$18K35.3%
Contract admin$33K64.7%

% of EOY assets

0.150%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BMSS LLC
Auditor EIN: 461498870
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$138,096

$78,529+75.9%

$105,591+30.8%

$74,400+85.6%

Participation rate

91.0%

72.8%+18.2pp

75.3%+15.8pp

67.2%+23.8pp

Annual return

11.30%

15.94%-4.6pp

116.43%-105.1pp

1367.51%-1356.2pp

Employer contribution / active EE

$5,357

$2,522+112.4%

$3,166+69.2%

$2,624+104.1%

Participant deferral / active EE

$3,673

$4,321-15.0%

$5,008-26.7%

$4,348-15.5%

Admin fee / account holder

$207

$2,216-90.7%

$11,024-98.1%

$1,944-89.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$32,730

CONCRETE HOLDING COMPANY 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONCRETE HOLDING COMPANY 401(K) RETIREMENT 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