Retirement plan

ARDALAN CONSTRUCTION COMPANY, INC. 401K PROFIT SHARING PLAN

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

ARDALAN CONSTRUCTION COMPANY, INC.EIN 95-4847923Plan #002PY 2021

8 E. GAINSBOROUGH ROAD - THOUSAND OAKS, CA 91360805-496-7273

Other plans on this EIN

2 filings

#001Retirement-$1.2M assets #003Retirement-$472K assets

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$481K

+39.1% from 2020

Total participants

+23.5% from 2020

Average account balance

$24,060

+11.2% from 2020

Annual return

4.70%

-0.18 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

$1.04M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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

$234K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+6.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4150

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 codes2E2F2J2G3D

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$24,060

$124,330-80.6%

$109,173-78.0%

$167,536-85.6%

Participation rate

93.8%

79.5%+14.3pp

75.9%+17.9pp

82.1%+11.6pp

Annual return

4.70%

26.04%-21.3pp

25.75%-21.1pp

478.82%-474.1pp

Employer contribution / active EE

$4,535

$4,209+7.7%

$3,723+21.8%

$4,839-6.3%

Participant deferral / active EE

$2,897

$5,256-44.9%

$4,654-37.8%

$6,342-54.3%

Admin fee / account holder

$7,974-100.0%

$6,755-100.0%

$12,315-100.0%

ARDALAN CONSTRUCTION COMPANY, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ARDALAN CONSTRUCTION COMPANY, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion