Retirement plan

SAMUEL, SON & CO. (USA) INC. 401(K) PLAN

Name: SAMUEL, SON & CO. (USA) INC. - SAMUEL, SON & CO. (USA) INC. 401(K) PLAN (2023) Form 5500
Creator: SAMUEL, SON & CO. (USA) INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAMUEL, SON & CO. (USA) INC. 401(K) PLAN, SAMUEL, SON & CO. (USA) INC.

SAMUEL, SON & CO. (USA) INC.EIN 06-1251791Plan #003PY 2023

1401 DAVEY RD, SUITE 300 - WOODRIDGE, IL 60517630-783-8900LinkedIn1-10 employees

Other plans on this EIN

5 filings

#008Retirement-$2.0M assets #010Retirement-$233K assets #004Retirement-$151K assets #001Retirement--#009Retirement--

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$192.9M

+8.3% from 2022

Total participants

3,934

-1.1% from 2022

Average account balance

$51,438

+8.5% from 2022

Annual return

16.64%

+34.13 pp from 2022

Benchmarks

See 809 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort809 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$201.54M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

3,218

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$482,877
PPS PENSION & FINANCIAL SERVICES6+ years Service code 13 8660 SHERIDAN DR · WILLIAMSVILLE, NY 14221	Contract Administrator	$148,085
GLOBAL RETIREMENT PARTNERS LLC1 year Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Advisory (Plan)	$128,955

Plan features & details

Pension benefit codes2E2F2G2J2T2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$760K

$252 / participant

Recordkeeping$483K63.5%
Investment mgmt$129K17.0%
Contract admin$148K19.5%

% of EOY assets

0.394%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,438

$104,544-50.8%

$96,544-46.7%

$80,169-35.8%

Participation rate

93.9%

86.4%+7.5pp

76.0%+17.9pp

72.9%+21.0pp

Annual return

16.64%

21.79%-5.2pp

25.88%-9.2pp

40.39%-23.8pp

Employer contribution / active EE

$2,488

$3,527-29.5%

$2,966-16.1%

$2,978-16.5%

Participant deferral / active EE

$4,059

$6,170-34.2%

$4,851-16.3%

$5,016-19.1%

Admin fee / account holder

$203

$107+89.7%

$8,254-97.5%

$145+39.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$482,877

PPS PENSION & FINANCIAL SERVICES6+ years

Service code 13

8660 SHERIDAN DR · WILLIAMSVILLE, NY 14221

Contract Administrator

$148,085

GLOBAL RETIREMENT PARTNERS LLC1 year

Service code 27

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Advisory (Plan)

$128,955

SAMUEL, SON & CO. (USA) INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAMUEL, SON & CO. (USA) INC. 401(K) 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