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Original filing (PDF)20251014140838NAL0004182720001
PREMIER UNDERGROUND CONSTRUCTION, LLC
Form 5500
FILING_RECEIVED
PREMIER UNDERGROUND CONSTRUCTION, LLC 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Signals · 2
~259 bps in Sched C feesNo recordkeeper disclosed
Active participants
137
Accounts w/ balance
126
Plan assets (EOY)
$1.5M
Net assets (EOY)
$1.5M
How this plan invests
This plan
15 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 259 bps in Schedule C fees — 398% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PREMIER UNDERGROUND CONSTRUCTION, LLC.
Plan sponsor
Name
PREMIER UNDERGROUND CONSTRUCTION, LLC
EIN
20-1695063
Address
5340 W. LUKE AVE. · GLENDALE, AZ · 85301
Phone
(623) 266-7028
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2G · Total participant-directed accounts
3D · Pre-approved plan (master / prototype / VS)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
KIMBERLIN COMPANY
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsTPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $21K | — |
| MGKS | 86-1001235 | — | TPA | $18K | — |
Investments
15 direct securities· $1.2M(78% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| 6 Principal Trust Company Fidelity Freedom Index 2030 Fund | — | — | — | $221K | 14.4% | |
| 11 Principal Trust Company Fidelity Freedom Index 2055 Fund | — | — | — | $220K | 14.4% | |
| 9 Principal Trust Company Fidelity Freedom Index 2045 Fund | — | — | — | $162K | 10.5% | |
| 7 Principal Trust Company Fidelity Freedom Index 2035 Fund | — | — | — | $135K | 8.8% | |
| 10 Principal Trust Company Fidelity Freedom Index 2050 Fund | — | — | — | $131K | 8.5% | |
| 8 Principal Trust Company Fidelity Freedom Index 2040 Fund | — | — | — | $108K | 7.1% | |
| 13 Principal Trust Company Fidelity Freedom Index 2065 Fund | — | — | — | $77K | 5.0% | |
| 5 Principal Trust Company Fidelity Freedom Index 2025 Fund | — | — | — | $50K | 3.2% | |
| 12 Principal Trust Company Fidelity Freedom Index 2060 Fund | — | — | — | $48K | 3.1% | |
| 1 Principal Trust Company Fidelity 500 Index Fund | — | — | — | $17K | 1.1% | |
| 2 Principal Trust Company Fidelity Advisor Stock Selector Small Cap Fund | — | — | — | $12K | 0.8% | |
| 14 Principal Trust Company Fidelity Inflation-Protected Bond Index Fund | — | — | — | $7K | 0.4% | |
| 4 Principal Trust Company Fidelity Freedom Index 2020 Fund | — | — | — | $2K | 0.2% | |
| 3 Principal Trust Company Fidelity Freedom Index 2015 Fund | — | — | — | $2K | 0.2% | |
| 15 * Principal Life Insurance Company Fixed Income Guaranteed Option | — | — | — | $2K | 0.1% |