Retirement plan

STIMPSON EMPLOYEE 401(K) PLAN

Name: EDWIN B. STIMPSON COMPANY, INC. - STIMPSON EMPLOYEE 401(K) PLAN (2019) Form 5500
Creator: EDWIN B. STIMPSON COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STIMPSON EMPLOYEE 401(K) PLAN, EDWIN B. STIMPSON COMPANY, INC.

EDWIN B. STIMPSON COMPANY, INC.EIN 11-1373230Plan #002PY 2019

1515 SW 13TH COURT - POMPANO BEACH, FL 330694710954-946-3500

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsLow returnsLow employer contributionFailed to transmit contributions

Top hat statement on fileNQDC

Filed February 12, 1996

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$27.3M

+7.3% from 2018

Total participants

221

-13.7% from 2018

Average account balance

$123,621

+18.0% from 2018

Annual return

15.20%

-89.83 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$27.79M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

216

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

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 6 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY DEAN WITTER Service code 16 ONE NEW YORK PLAZA · NEWYOORK, NY 10004	Consulting	$38,823
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$36,258
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL FINANCIAL GROUP Service code 15 P.O. BOX 777 · DES MOINES, IA 50303	Recordkeeping	$34,841
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 15 · EIN 13-3689044	Recordkeeping	$34,535
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 27 · EIN 13-2919773	Advisory (Plan)	$31,872
GRASSI & CO1 year Filed as: GRASSI & COMPANY Service code 10 50 JERICHO QUADRANDLE · JERICHO, NY 11753	Accounting	$12,781

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$66K

$336 / participant

Contract admin$66K100.0%

% of EOY assets

0.241%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRASSI & CO., CPA'S P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$123,621

$65,376+89.1%

$87,100+41.9%

$65,185+89.6%

Participation rate

100.0%

75.3%+24.7pp

76.9%+23.1pp

70.2%+29.8pp

Annual return

15.20%

31.27%-16.1pp

28.19%-13.0pp

29.38%-14.2pp

Employer contribution / active EE

$1,822-100.0%

$2,521-100.0%

$2,177-100.0%

Participant deferral / active EE

$3,936

$3,388+16.2%

$4,049-2.8%

$3,514+12.0%

Admin fee / account holder

$298

$520-42.7%

$7,497-96.0%

$847-64.8%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY5+ years

Filed as: MORGAN STANLEY DEAN WITTER

Service code 16

ONE NEW YORK PLAZA · NEWYOORK, NY 10004

Consulting

$38,823

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$36,258

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL FINANCIAL GROUP

Service code 15

P.O. BOX 777 · DES MOINES, IA 50303

Recordkeeping

$34,841

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 15 · EIN 13-3689044

Recordkeeping

$34,535

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 27 · EIN 13-2919773

Advisory (Plan)

$31,872

GRASSI & CO1 year

Filed as: GRASSI & COMPANY

Service code 10

50 JERICHO QUADRANDLE · JERICHO, NY 11753

Accounting

$12,781

STIMPSON EMPLOYEE 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STIMPSON EMPLOYEE 401(K) PLAN

Top hat statement on fileNQDC

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