Retirement plan

SCOTT ADAM DESIGNS, INC. 401(K) PLAN

Name: SCOTT ADAM DESIGNS, INC. - SCOTT ADAM DESIGNS, INC. 401(K) PLAN (2016) Form 5500
Creator: SCOTT ADAM DESIGNS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT ADAM DESIGNS, INC. 401(K) PLAN, SCOTT ADAM DESIGNS, INC.

SCOTT ADAM DESIGNS, INC.EIN 13-2963550Plan #006PY 2016

118 EAST 25TH STREET, 11TH FLOOR - NEW YORK, NY 10010212-420-8866scottadamdesigns.comLinkedIn11-50 employeesdesign

Other plans on this EIN

3 filings

#004Retirement-$5.5M assets #005Retirement-$3.8M assets #007Retirement-$190K assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$445K

+20.7% from 2015

Total participants

+16.7% from 2015

Average account balance

$74,214

+0.6% from 2015

Annual return

6.45%

+14.74 pp from 2015

Benchmarks

See 3,036 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,036 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.35M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+23.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3184

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$74,214

$96,956-23.5%

$69,779+6.4%

$273,972-72.9%

Participation rate

33.3%

77.1%-43.7pp

71.8%-38.5pp

83.0%-49.7pp

Annual return

6.45%

12.93%-6.5pp

12.99%-6.5pp

41.46%-35.0pp

Employer contribution / active EE

$3,316-100.0%

$2,338-100.0%

$4,869-100.0%

Participant deferral / active EE

$4,379

$3,744+17.0%

$2,931+49.4%

$5,287-17.2%

Admin fee / account holder

$7,934-100.0%

$4,381-100.0%

$10,133-100.0%

SCOTT ADAM DESIGNS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SCOTT ADAM DESIGNS, INC. 401(K) 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