Retirement plan

SYMMONS INDUSTRIES, INC. 401(K) PLAN

Name: SYMMONS INDUSTRIES, INC. - SYMMONS INDUSTRIES, INC. 401(K) PLAN (2020) Form 5500
Creator: SYMMONS INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYMMONS INDUSTRIES, INC. 401(K) PLAN, SYMMONS INDUSTRIES, INC.

SYMMONS INDUSTRIES, INC.EIN 04-2469928Plan #003PY 2020

31 BROOKS DRIVE - BRAINTREE, MA 02184781-848-2250symmons.comLinkedIn201-500 employeesconsumer goods

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 28, 2017 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

31 Brooks Drive

Braintree State: MA Zip Code: 02184

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Nonqualified Deferred Compensation Plan2 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$29.9M

+8.5% from 2019

Total participants

279

-12.3% from 2019

Average account balance

$116,774

+19.6% from 2019

Annual return

16.29%

-6.17 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.85M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

275

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-20

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 codes2E2F2G2J3D2R

Plan features

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$6K

$33 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,774

$73,638+58.6%

$95,964+21.7%

$73,497+58.9%

Participation rate

88.0%

76.2%+11.9pp

77.1%+10.9pp

70.7%+17.3pp

Annual return

16.29%

16.78%-0.5pp

91.64%-75.4pp

28.51%-12.2pp

Employer contribution / active EE

$4,424

$1,863+137.4%

$2,541+74.1%

$2,270+94.9%

Participant deferral / active EE

$7,447

$3,617+105.9%

$4,167+78.7%

$3,740+99.1%

Admin fee / account holder

$25

$482-94.9%

$6,797-99.6%

$513-95.2%

SYMMONS INDUSTRIES, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYMMONS INDUSTRIES, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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