L & G Concrete Construction, Inc.

43
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
43
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (23)
Average in Peer Group (62)
Highest in Peer Group (82)

Plan Description

L & G Concrete Companies 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. This plan is in the top 35% of plans for Company Generosity. L & G Concrete Companies 401k Plan currently has over 200 active participants and over $1.7M in plan assets.

Did you know?

For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (43) and the top rated plan (82) could equate to:
17
Additional years of work
226,007
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2100 W. Expresssway 83
  • Location
    Mercedes , TX
  • 78570
  • Industry
    Construction
  • Net Plan Assets
    $1,650,000
  • Total Participants
    210
  • Avg Account Balance
    $30,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Below Avg.

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

21

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Participant Loans 19%
N/A
Total Other Investments 14%
N/A
Hartford Healthcare 10%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Hartford
Insurance Advisor/Broker
Commonwealth Financial Network
Insurance Advisor/Broker
New York Life
Recordkeeper
MassMutual
Auditor
Salinas, Allen & Schmitt, LLP

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