Retirement plan

SCOTT SILVERMAN & ASSOCIATES INC RETIREMENT PLAN

Name: SCOTT SILVERMAN & ASSOCIATES INC - SCOTT SILVERMAN & ASSOCIATES INC RETIREMENT PLAN (2018) Form 5500
Creator: SCOTT SILVERMAN & ASSOCIATES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT SILVERMAN & ASSOCIATES INC RETIREMENT PLAN, SCOTT SILVERMAN & ASSOCIATES INC

SCOTT SILVERMAN & ASSOCIATES INCEIN 20-1578183Plan #002PY 2018

3537 OLD CONEJO ROAD, SUITE #119 - NEWBURY PARK, CA 91320805-379-3701LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$367K assets

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$312K

+45.9% from 2017

Total participants

+17.2% from 2017

Average account balance

$9,756

+27.6% from 2017

Annual return

-8.83%

-20.52 pp from 2017

Benchmarks

See 38,940 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,940 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

153.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$277K

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

+15.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2159

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$580

$28 / participant

Other / not subdivided$580100.0%

% of EOY assets

0.186%

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

$9,756

$97,732-90.0%

$83,831-88.4%

$135,380-92.8%

Participation rate

90.5%

80.0%+10.5pp

76.1%+14.3pp

82.6%+7.8pp

Annual return

-8.83%

1287.56%-1296.4pp

850.99%-859.8pp

519.81%-528.6pp

Employer contribution / active EE

$3,594

$4,222-14.9%

$3,631-1.0%

$4,779-24.8%

Participant deferral / active EE

$2,009

$4,683-57.1%

$4,082-50.8%

$5,609-64.2%

Admin fee / account holder

$18

$6,675-99.7%

$5,479-99.7%

$10,828-99.8%

SCOTT SILVERMAN & ASSOCIATES INC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCOTT SILVERMAN & ASSOCIATES INC RETIREMENT 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