Retirement plan

SAVIN ENGINEERS PC PROFIT SHARING PLAN

Name: SAVIN ENGINEERS, P.C. - SAVIN ENGINEERS PC PROFIT SHARING PLAN (2020) Form 5500
Creator: SAVIN ENGINEERS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAVIN ENGINEERS PC PROFIT SHARING PLAN, SAVIN ENGINEERS, P.C.

SAVIN ENGINEERS, P.C.EIN 06-1241917Plan #002PY 2020

3 CAMPUS DRIVE - PLEASANTVILLE, NY 105701602914-769-3200

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.8M

+20.0% from 2019

Total participants

168

+7.0% from 2019

Average account balance

$152,910

+7.9% from 2019

Annual return

16.02%

-2.72 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.11M

Not enough data

1 years with asset history on file

Average account balance

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

$232K

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.

121

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

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

+13.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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

Top 3 by compensation

Provider	Service type	Compensation
CARON & BLETZER, PLLC3 years Filed as: CARON BLETZER Service code 99 · EIN 11-1000111 LIBRARY LANE · KINGSTON, NH 03848	Other Fees	$15,300
NATIONAL PENSION CONSULTANTS LLC6+ years Service code 99 · EIN 45-0478171 2435 ROUTE 6 · BREWSTER, NY 10509	Other Fees	$7,525
ROBERT KELLMAN1 year Service code 99 · EIN 06-1385138	Other Fees	$0

Plan features & details

Pension benefit codes2E2H2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$23K

$174 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.102%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$152,910

$99,957+53.0%

$149,745+2.1%

$73,497+108.1%

Participation rate

85.8%

75.7%+10.1pp

82.5%+3.3pp

70.7%+15.1pp

Annual return

16.02%

53.87%-37.9pp

276.72%-260.7pp

28.51%-12.5pp

Employer contribution / active EE

$1,586

$3,191-50.3%

$4,646-65.9%

$2,270-30.1%

Participant deferral / active EE

$8,376

$6,073+37.9%

$6,843+22.4%

$3,740+124.0%

Admin fee / account holder

$157

$551-71.5%

$9,312-98.3%

$513-69.5%

Provider

Service type

Compensation

CARON & BLETZER, PLLC3 years

Filed as: CARON BLETZER

Service code 99 · EIN 11-1000111

LIBRARY LANE · KINGSTON, NH 03848

Other Fees

$15,300

NATIONAL PENSION CONSULTANTS LLC6+ years

Service code 99 · EIN 45-0478171

2435 ROUTE 6 · BREWSTER, NY 10509

Other Fees

$7,525

ROBERT KELLMAN1 year

Service code 99 · EIN 06-1385138

Other Fees

SAVIN ENGINEERS PC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAVIN ENGINEERS PC PROFIT SHARING 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