Retirement plan

SYMONS ADVANCED VALUE EMPLOYEE RETIREMENT PLAN

Name: SYMONS FIRE PROTECTION, INC. - SYMONS ADVANCED VALUE EMPLOYEE RETIREMENT PLAN (2024) Form 5500
Creator: SYMONS FIRE PROTECTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYMONS ADVANCED VALUE EMPLOYEE RETIREMENT PLAN, SYMONS FIRE PROTECTION, INC.

SYMONS FIRE PROTECTION, INC.EIN 03-0378557Plan #001PY 2024

9475 CHESAPEAKE DRIVE - SAN DIEGO, CA 92123619-588-6364symonsfp.comLinkedIn51-200 employeesconstruction

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+45.3% from 2023

Total participants

228

+29.5% from 2023

Average account balance

$14,426

+5.7% from 2023

Annual return

15.31%

-6.61 pp from 2023

Benchmarks

See 3,451 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,451 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$681K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-119.10%

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

0 years with F_SCH_H allocation on file

See the 6-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$14,005
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA INVESTMENT ADVISERS LLC Service code 27 · EIN 36-3258176	Advisory (Plan)	$11,849
ECONOMIC GROUP PENSION SERVICES2 years Service code 15 · EIN 86-2963468	Recordkeeping	$11,250
LEAFHOUSE FINANCIAL ADVISORS, LLC2 years Service code 27 · EIN 26-4311657	Advisory (Plan)	$583

Plan features & details

Pension benefit codes2A2D2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$51K

$307 / participant

Recordkeeping$51K100.0%

% of EOY assets

1.691%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CONSIDINE & CONSIDINE
Auditor EIN: 952694444
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,426

$80,724-82.1%

$103,333-86.0%

$74,495-80.6%

Participation rate

88.6%

65.7%+22.9pp

74.5%+14.0pp

67.2%+21.4pp

Annual return

15.31%

27.56%-12.3pp

24.88%-9.6pp

1364.94%-1349.6pp

Employer contribution / active EE

$3,682

$3,157+16.6%

$3,868-4.8%

$2,623+40.4%

Participant deferral / active EE

$2,270

$3,860-41.2%

$5,057-55.1%

$4,346-47.8%

Admin fee / account holder

$244

$2,368-89.7%

$8,355-97.1%

$1,942-87.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$14,005

CETERA ADVISOR NETWORKS LLC2 years

Filed as: CETERA INVESTMENT ADVISERS LLC

Service code 27 · EIN 36-3258176

Advisory (Plan)

$11,849

ECONOMIC GROUP PENSION SERVICES2 years

Service code 15 · EIN 86-2963468

Recordkeeping

$11,250

LEAFHOUSE FINANCIAL ADVISORS, LLC2 years

Service code 27 · EIN 26-4311657

Advisory (Plan)

$583

SYMONS ADVANCED VALUE EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYMONS ADVANCED VALUE EMPLOYEE RETIREMENT 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