Retirement plan

JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 401(K) PLAN

Name: JAS. W. GLOVER HOLDING COMPANY, LTD. - JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 401(K) PLAN (2022) Form 5500
Creator: JAS. W. GLOVER HOLDING COMPANY, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 401(K) PLAN, JAS. W. GLOVER HOLDING COMPANY, LTD.

JAS. W. GLOVER HOLDING COMPANY, LTD.EIN 99-0064027Plan #001PY 2022

P.O. BOX 579 - HONOLULU, HI 968090579808-591-8977gloverltd.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$10.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.8M

-12.0% from 2021

Total participants

242

+2.5% from 2021

Average account balance

$102,336

-14.2% from 2021

Annual return

-12.56%

-25.16 pp from 2021

Benchmarks

See 3,001 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.34M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

246

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$29,126

Plan features & details

Pension benefit codes2E2F2G2J2T3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$28K

$182 / participant

Contract admin$28K100.0%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIKOFF COMBS & COMPANY, LLC
Auditor EIN: 651203311
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,336

$64,138+59.6%

$112,258-8.8%

$66,930+52.9%

Participation rate

100.0%

68.5%+31.5pp

75.1%+24.9pp

69.8%+30.2pp

Annual return

-12.56%

-13.81%+1.2pp

27.47%-40.0pp

1.57%-14.1pp

Employer contribution / active EE

$9,729

$3,006+223.6%

$3,636+167.6%

$2,545+282.3%

Participant deferral / active EE

$5,045

$3,694+36.6%

$4,728+6.7%

$4,238+19.1%

Admin fee / account holder

$114

$625-81.8%

$6,411-98.2%

$593-80.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$29,126

JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAS. W. GLOVER HOLDING COMPANY, LTD. PROFIT SHARING AND 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