Retirement plan

SYMMONS INDUSTRIES, INC. 401(K) PLAN

Name: SYMMONS INDUSTRIES, INC. - SYMMONS INDUSTRIES, INC. 401(K) PLAN (2021) 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 2021

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

Prospect flagsCorrective distributions

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

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Plans declared (1)

Nonqualified Deferred Compensation Plan2 emp

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Total assets (EOY)

$34.4M

+15.0% from 2020

Total participants

295

+5.7% from 2020

Average account balance

$130,244

+11.5% from 2020

Annual return

13.57%

-2.72 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 37 · EIN 04-2647786	Loan Processing	$6,696

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$7K

$30 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.019%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,244

$84,936+53.3%

$111,308+17.0%

$79,391+64.1%

Participation rate

85.8%

75.9%+9.9pp

77.3%+8.5pp

70.7%+15.1pp

Annual return

13.57%

17.45%-3.9pp

54.67%-41.1pp

116.88%-103.3pp

Employer contribution / active EE

$4,721

$1,979+138.5%

$2,732+72.8%

$2,428+94.4%

Participant deferral / active EE

$6,809

$3,888+75.1%

$4,487+51.7%

$4,046+68.3%

Admin fee / account holder

$25

$537-95.3%

$7,965-99.7%

$627-96.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 37 · EIN 04-2647786

Loan Processing

$6,696

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