Clancy & Theys Construction Company 401(K) Profit Sharing Plan — Form 5500 plan (Clancy & Theys Construction Company)

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, Clancy & Theys Construction Company 401(K) Profit Sharing Plan is a benefit plan reported by Clancy & Theys Construction Company under EIN 56-0509939 and plan number 001. The latest loaded filing year is 2023. The filing reports 498 participants and $46,336,481 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$46.3MPlan net assets, end of year$46,336,481
Participants498Covered participants reported
Assets / participant$93KComputed: assets ÷ participants$93,045 (computed)
Provider compensation$227.1K3 Schedule C provider row(s)$227,122
Plan sponsor
Clancy & Theys Construction Company
EIN
56-0509939
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023498H, C20241011090412NAL0043755858001
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)$46.3M total assets
Net assets$46.3MLiabilities$0
Money in vs. money out
Total income / additions$12.3M
Total expenses$2.7M
Benefits paid / distributions$2.5M
Contributions
Employer$1.5M
Participant$2.8M
Full reported line items

Net assets

Total assets (EOY)
$46,336,481
Total liabilities (EOY)
$0
Net assets (EOY)
$46,336,481
Net assets (BOY)
$36,725,772

Income & contributions

Employer contributions
$1,539,663
Participant contributions
$2,824,388
Total contributions
$4,993,538
Total income / additions
$12,338,902

Expenses & distributions

Benefits paid
$2,501,071
Administrative expenses
$227,122
Total expenses
$2,728,193
Net increase / (decrease)
$9,610,709
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 35%Participant 65%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wilmington Trust Fiduciary ServicesNONE$147,768not reported in the loaded dataset2023
Ubs Financial Services Inc.NONE$65,078not reported in the loaded dataset2023
Sentinel Benefits Group LLCNONE$14,276not reported in the loaded dataset2023

Related Form 5500 pages