Retirement plan

SOUTH MOUNTAIN COMPANY, INC. RETIREMENT PLAN

Name: SOUTH MOUNTAIN COMPANY, INC. - SOUTH MOUNTAIN COMPANY, INC. RETIREMENT PLAN (2018) Form 5500
Creator: SOUTH MOUNTAIN COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH MOUNTAIN COMPANY, INC. RETIREMENT PLAN, SOUTH MOUNTAIN COMPANY, INC.

SOUTH MOUNTAIN COMPANY, INC.EIN 04-2822869Plan #001PY 2018

P. O. BOX 1260 - WEST TISBURY, MA 025751260508-693-4850somoco.comLinkedIn1-10 employeesprimary/secondary education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.3M

-0.5% from 2017

Total participants

+4.5% from 2017

Average account balance

$117,058

-2.7% from 2017

Annual return

-2.03%

-21.83 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.85M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

157.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$360K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+8.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22416

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$182K

$5679 / participant

Other / not subdivided$182K100.0%

% of EOY assets

3.450%

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

$117,058

$77,816+50.4%

$123,552-5.3%

$64,173+82.4%

Participation rate

96.9%

74.7%+22.2pp

82.3%+14.6pp

69.6%+27.3pp

Annual return

-2.03%

12.49%-14.5pp

119.20%-121.2pp

7.63%-9.7pp

Employer contribution / active EE

$1,772

$3,014-41.2%

$4,628-61.7%

$2,381-25.6%

Participant deferral / active EE

$5,578

$5,240+6.5%

$6,426-13.2%

$3,470+60.8%

Admin fee / account holder

$4,038

$5,519-26.8%

$9,285-56.5%

$4,887-17.4%

SOUTH MOUNTAIN COMPANY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH MOUNTAIN COMPANY, INC. 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