Retirement plan

SYMMONS INDUSTRIES, INC. 401(K) PLAN

Name: SYMMONS INDUSTRIES, INC. - SYMMONS INDUSTRIES, INC. 401(K) PLAN (2023) 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 2023

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

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Plans declared (1)

Nonqualified Deferred Compensation Plan2 emp

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Total assets (EOY)

$35M

+22.0% from 2022

Total participants

292

-0.7% from 2022

Average account balance

$126,531

+18.5% from 2022

Annual return

18.10%

+34.06 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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 INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$3,168

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

$3K

$14 / participant

Recordkeeping$3K100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

1 / 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: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$126,531

$76,112+66.2%

$96,544+31.1%

$71,529+76.9%

Participation rate

93.2%

74.4%+18.7pp

76.0%+17.2pp

67.9%+25.2pp

Annual return

18.10%

22.80%-4.7pp

25.88%-7.8pp

28.97%-10.9pp

Employer contribution / active EE

$5,323

$2,248+136.8%

$2,966+79.5%

$2,590+105.5%

Participant deferral / active EE

$7,815

$4,217+85.3%

$4,851+61.1%

$4,291+82.1%

Admin fee / account holder

$11

$2,708-99.6%

$8,254-99.9%

$1,588-99.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$3,168

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