Retirement plan

SUFFOLK TRANSPORTATION SERVICE, INC. 401-K PLAN

Name: SUFFOLK TRANSPORTATION SERVICE, INC. - SUFFOLK TRANSPORTATION SERVICE, INC. 401-K PLAN (2015) Form 5500
Creator: SUFFOLK TRANSPORTATION SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUFFOLK TRANSPORTATION SERVICE, INC. 401-K PLAN, SUFFOLK TRANSPORTATION SERVICE, INC.

SUFFOLK TRANSPORTATION SERVICE, INC.EIN 11-1782554Plan #003PY 2015

10 MOFFITT BLVD. - BAYSHORE, NY 11706631-665-3245LinkedIn51-200 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#005Retirement-$41.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$24.1M

No prior year

Total participants

166

No prior year

Average account balance

$145,176

No prior year

Annual return

1.11%

No prior year

Benchmarks

See 938 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort938 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.81M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

186

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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)

$54

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 2 by compensation

Provider	Service type	Compensation
FIRST LONG ISLAND INVESTORS, LLC1+ years Service code 28 · EIN 30-0747377	Investment Management	$104,356
SACKLOW & ACOX, CPA'S, P.C.1+ years Service code 10 · EIN 22-2471543	Accounting	$10,000

Plan features & details

Pension benefit codes2E2J2K3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$115K

$837 / participant

Investment mgmt$104K91.0%
Other / not subdivided$10K9.0%

% of EOY assets

0.476%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SACKLOW & ACOX, CPAS, P.C.
Auditor EIN: 222471543
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$145,176

$46,745+210.6%

$60,547+139.8%

$52,331+177.4%

Participation rate

100.0%

58.6%+41.4pp

68.0%+32.0pp

68.1%+31.9pp

Annual return

1.11%

0.61%+0.5pp

335.64%-334.5pp

4.54%-3.4pp

Employer contribution / active EE

$4,487

$1,259+256.4%

$2,419+85.5%

$1,882+138.4%

Participant deferral / active EE

$5,602

$2,145+161.2%

$3,328+68.3%

$3,022+85.4%

Admin fee / account holder

$691

$537+28.7%

$4,536-84.8%

$592+16.8%

Provider

Service type

Compensation

FIRST LONG ISLAND INVESTORS, LLC1+ years

Service code 28 · EIN 30-0747377

Investment Management

$104,356

SACKLOW & ACOX, CPA'S, P.C.1+ years

Service code 10 · EIN 22-2471543

Accounting

$10,000

SUFFOLK TRANSPORTATION SERVICE, INC. 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUFFOLK TRANSPORTATION SERVICE, 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