Retirement plan

SAYLES EVANS BRAYTON PALMER & TIFFT SAVINGS & INVESTMENT PLAN

Name: SAYLES & EVANS - SAYLES EVANS BRAYTON PALMER & TIFFT SAVINGS & INVESTMENT PLAN (2017) Form 5500
Creator: SAYLES & EVANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAYLES EVANS BRAYTON PALMER & TIFFT SAVINGS & INVESTMENT PLAN, SAYLES & EVANS

SAYLES & EVANSEIN 16-0760591Plan #002PY 2017

ONE WEST CHURCH STREET - ELMIRA, NY 14901607-734-2271saylesevans.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$6.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

-12.9% from 2016

Total participants

+5.6% from 2016

Average account balance

$190,699

-17.5% from 2016

Annual return

16.55%

+5.56 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.26M

Not enough data

1 years with asset history on file

Average account balance

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

$467K

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

$240K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24790

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 codes2E2G2J

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.

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

$2.8M

$99841 / participant

Other / not subdivided$3M100.0%

% of EOY assets

38.578%

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

$190,699

$85,766+122.3%

$136,298+39.9%

$70,126+171.9%

Participation rate

100.0%

74.2%+25.8pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

16.55%

31.46%-14.9pp

5156.27%-5139.7pp

73.15%-56.6pp

Employer contribution / active EE

$5,891

$2,966+98.6%

$4,696+25.5%

$2,343+151.5%

Participant deferral / active EE

$6,413

$5,051+27.0%

$6,247+2.7%

$3,332+92.5%

Admin fee / account holder

$73,567

$5,421+1257.2%

$9,244+695.8%

$4,645+1483.6%

SAYLES EVANS BRAYTON PALMER & TIFFT SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAYLES EVANS BRAYTON PALMER & TIFFT SAVINGS & INVESTMENT 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