Retirement plan

SEACOAST SOLUTIONS FOR BUSINESS RETIRENMENT PLAN

Name: SEACOAST SOLUTIONS FOR BUSINESS - SEACOAST SOLUTIONS FOR BUSINESS RETIRENMENT PLAN (2018) Form 5500
Creator: SEACOAST SOLUTIONS FOR BUSINESS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEACOAST SOLUTIONS FOR BUSINESS RETIRENMENT PLAN, SEACOAST SOLUTIONS FOR BUSINESS

SEACOAST SOLUTIONS FOR BUSINESSEIN 02-0514217Plan #001PY 2018

99 WATER STREET, STE2 - EXETER, NH 03833603-772-5938

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$495K

-41.7% from 2017

Total participants

0.0% from 2017

Average account balance

$164,941

-41.7% from 2017

Annual return

-3.56%

-18.71 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$540

Not enough data

1 years with asset history on file

Average account balance

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

$270

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.

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$114K

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

+21.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1308291

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

0 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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$374K

$373619 / participant

Other / not subdivided$374K100.0%

% of EOY assets

75.506%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,941

$138,076+19.5%

$123,553+33.5%

$135,380+21.8%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-3.56%

153.70%-157.3pp

119.21%-122.8pp

519.81%-523.4pp

Employer contribution / active EE

$24,338

$5,152+372.4%

$4,628+425.9%

$4,779+409.3%

Participant deferral / active EE

$26,091

$6,800+283.7%

$6,426+306.0%

$5,609+365.2%

Admin fee / account holder

$124,540

$10,917+1040.8%

$9,284+1241.4%

$10,828+1050.2%

SEACOAST SOLUTIONS FOR BUSINESS RETIRENMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEACOAST SOLUTIONS FOR BUSINESS RETIRENMENT 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