Retirement plan

SMITH, SEAMAN & QUACKENBUSH, INC 401K PROFIT SHAR NG PLAN AND TRUST

Name: SMITH, SEAMAN & QUACKENBUSH, INC - SMITH, SEAMAN & QUACKENBUSH, INC 401K PROFIT SHAR NG PLAN AND TRUST (2018) Form 5500
Creator: SMITH, SEAMAN & QUACKENBUSH, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITH, SEAMAN & QUACKENBUSH, INC 401K PROFIT SHAR NG PLAN AND TRUST, SMITH, SEAMAN & QUACKENBUSH, INC

SMITH, SEAMAN & QUACKENBUSH, INCEIN 14-1303462Plan #001PY 2018

117 MAPLE AVE - MONROE, NY 109503507845-782-8185ssqfuneralhome.comLinkedIn1-10 employeesindividual & family services

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.9M

+17.3% from 2017

Total participants

+12.5% from 2017

Average account balance

$435,019

+4.3% from 2017

Annual return

14.72%

+4.34 pp from 2017

Benchmarks

See 33,727 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,727 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.19M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+4.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$400379

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 codes2E2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$16K

$2351 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.420%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$435,019

$90,606+380.1%

$79,466+447.4%

$135,379+221.3%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

14.72%

977.69%-963.0pp

718.28%-703.6pp

519.79%-505.1pp

Employer contribution / active EE

$8,540

$3,068+178.4%

$2,800+205.0%

$4,779+78.7%

Participant deferral / active EE

$3,896

$4,050-3.8%

$3,704+5.2%

$5,609-30.5%

Admin fee / account holder

$1,829

$5,895-69.0%

$5,104-64.2%

$10,828-83.1%

SMITH, SEAMAN & QUACKENBUSH, INC 401K PROFIT SHAR NG PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITH, SEAMAN & QUACKENBUSH, INC 401K PROFIT SHAR NG PLAN AND TRUST

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