Retirement plan

SYSTEMS ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: SYSTEMS ENGINEERING, INC. - SYSTEMS ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: SYSTEMS ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYSTEMS ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN, SYSTEMS ENGINEERING, INC.

SYSTEMS ENGINEERING, INC.EIN 01-0462643Plan #002PY 2021

120 EXCHANGE ST, STE 101 - PORTLAND, ME 04101207-772-3199systemsengineering.comLinkedIn51-200 employeesinformation technology and services

Other plans on this EIN

1 filing

#001Retirement-$18.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$36.9M

+14.8% from 2020

Total participants

172

-2.8% from 2020

Average account balance

$214,735

+18.2% from 2020

Annual return

22.49%

-1.13 pp from 2020

Benchmarks

See 1,089 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,089 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.15M

Not enough data

1 years with asset history on file

Average account balance

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

$229K

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.

223

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

$1.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$13 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ALBIN, RANDALL & BENNETT, CPAS
Auditor EIN: 010448006
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,735

$79,694+169.4%

$96,171+123.3%

$79,391+170.5%

Participation rate

100.0%

54.0%+46.0pp

68.4%+31.6pp

70.7%+29.3pp

Annual return

22.49%

40.84%-18.4pp

192.04%-169.6pp

116.88%-94.4pp

Employer contribution / active EE

$12,377

$1,443+757.6%

$2,799+342.2%

$2,428+409.8%

Participant deferral / active EE

$2,539-100.0%

$4,350-100.0%

$4,046-100.0%

Admin fee / account holder

$630-98.6%

$5,538-99.8%

$627-98.6%

SYSTEMS ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYSTEMS ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP 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