Retirement plan

STAIR GALLERIES AND RESTORATION 401 (K) PLAN

Name: STAIR GALLERIES AND RESTORATION, INC. - STAIR GALLERIES AND RESTORATION 401 (K) PLAN (2020) Form 5500
Creator: STAIR GALLERIES AND RESTORATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAIR GALLERIES AND RESTORATION 401 (K) PLAN, STAIR GALLERIES AND RESTORATION, INC.

STAIR GALLERIES AND RESTORATION, INC.EIN 14-1831996Plan #001PY 2020

549 WARREN STREET - HUDSON, NY 12534518-751-1000LinkedIn11-50 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

+13.5% from 2019

Total participants

+3.8% from 2019

Average account balance

$109,984

+13.5% from 2019

Annual return

20.11%

-5.94 pp from 2019

Benchmarks

See 18,875 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,875 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.45M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

137.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$276K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+28.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$713

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$299K

$17579 / participant

Other / not subdivided$299K100.0%

% of EOY assets

10.450%

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

$109,984

$112,915-2.6%

$90,965+20.9%

$158,950-30.8%

Participation rate

94.1%

74.7%+19.4pp

69.0%+25.1pp

82.0%+12.2pp

Annual return

20.11%

215.75%-195.6pp

134.57%-114.5pp

302.91%-282.8pp

Employer contribution / active EE

$2,642

$2,894-8.7%

$2,122+24.5%

$4,762-44.5%

Participant deferral / active EE

$5,157

$4,128+24.9%

$3,373+52.9%

$5,983-13.8%

Admin fee / account holder

$11,494

$8,044+42.9%

$5,960+92.9%

$11,248+2.2%

STAIR GALLERIES AND RESTORATION 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAIR GALLERIES AND RESTORATION 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