Dryco Construction, Inc. Retirement Plan — Form 5500 plan (Dryco Construction, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Dryco Construction, Inc. Retirement Plan is a benefit plan reported by Dryco Construction, Inc. under EIN 94-3067851 and plan number 001. The latest loaded filing year is 2023. The filing reports 427 participants and $23,294,311 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.3MPlan net assets, end of year$23,294,311
Participants427Covered participants reported
Assets / participant$54.6KComputed: assets ÷ participants$54,553 (computed)
Provider compensation$116.3K4 Schedule C provider row(s)$116,258
Plan sponsor
Dryco Construction, Inc.
EIN
94-3067851
Plan number
001
Plan type
2
Location
Fremont, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023427H, C20241011005924NAL0010500419001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$23.3M total assets
Net assets$23.3MLiabilities$0
Money in vs. money out
Total income / additions$6.8M
Total expenses$2.7M
Benefits paid / distributions$2.6M
Contributions
Employer$2.2M
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$23,294,311
Total liabilities (EOY)
$0
Net assets (EOY)
$23,294,311
Net assets (BOY)
$19,233,266

Income & contributions

Employer contributions
$2,212,433
Participant contributions
$1,570,941
Total contributions
$3,923,501
Total income / additions
$6,756,402

Expenses & distributions

Benefits paid
$2,574,762
Administrative expenses
$112,537
Total expenses
$2,695,357
Net increase / (decrease)
$4,061,045
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 58%Participant 42%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income38%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$112,357$02023
Concentrum Wealth ManagementINVESTMENT ADVISOR$3,623not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$180$02023
Charles Schwab & Co., IncBROKERAGE SERVICES$0$982023

Related Form 5500 pages