Retirement plan

STAFFORD SPRINGS ENTERPRISES 401K PLAN

Name: STAFFORD SPRINGS ENTERPRISES - STAFFORD SPRINGS ENTERPRISES 401K PLAN (2017) Form 5500
Creator: STAFFORD SPRINGS ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAFFORD SPRINGS ENTERPRISES 401K PLAN, STAFFORD SPRINGS ENTERPRISES

STAFFORD SPRINGS ENTERPRISESEIN 06-0865077Plan #001PY 2017

55 WEST STREET, PO BOX 105 - STAFFORD SPRINGS, CT 06076860-684-3330LinkedIn11-50 employeessports

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+31.3% from 2016

Total participants

-36.4% from 2016

Average account balance

$191,536

+31.3% from 2016

Annual return

23.83%

+15.20 pp from 2016

Benchmarks

See 6,539 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,539 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$370K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.71%

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

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$191,536

$165,939+15.4%

$122,354+56.5%

$147,586+29.8%

Participation rate

80.0%

79.6%+0.4pp

71.6%+8.4pp

82.8%-2.8pp

Annual return

23.83%

34.56%-10.7pp

30.28%-6.4pp

578.59%-554.8pp

Employer contribution / active EE

$2,306

$5,754-59.9%

$4,051-43.1%

$4,876-52.7%

Participant deferral / active EE

$10,836

$4,005+170.5%

$3,287+229.6%

$5,439+99.2%

Admin fee / account holder

$7,425-100.0%

$5,479-100.0%

$10,886-100.0%

STAFFORD SPRINGS ENTERPRISES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STAFFORD SPRINGS ENTERPRISES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion