Retirement plan

THE STEINEN GROUP 401(K) PLAN

Name: STEINEN HOLDINGS, INC. - THE STEINEN GROUP 401(K) PLAN (2016) Form 5500
Creator: STEINEN HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE STEINEN GROUP 401(K) PLAN, STEINEN HOLDINGS, INC.

STEINEN HOLDINGS, INC.EIN 20-5910741Plan #001PY 2016

29 EAST HALSEY ROAD - PARSIPPANY, NJ 07054973-887-6400steinenholdings.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$6.4M

No prior year

Total participants

131

No prior year

Average account balance

$55,717

No prior year

Annual return

6.84%

No prior year

Benchmarks

See 511 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort511 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.13M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

160.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$304K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5925

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

Top 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$670
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$670

$9 / participant

Other / not subdivided$670100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,717

$72,114-22.7%

$108,745-48.8%

$62,881-11.4%

Participation rate

79.5%

74.6%+4.9pp

77.7%+1.8pp

69.3%+10.2pp

Annual return

6.84%

13.41%-6.6pp

46.22%-39.4pp

20.14%-13.3pp

Employer contribution / active EE

$238

$2,694-91.2%

$3,323-92.8%

$2,281-89.6%

Participant deferral / active EE

$5,037

$4,044+24.5%

$5,121-1.7%

$3,203+57.2%

Admin fee / account holder

$4,608-99.9%

$6,144-99.9%

$4,296-99.9%

Provider

Service type

Compensation

ADP BROKER-DEALER2+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$670

ADP BROKER-DEALER2+ years

Service code 49 · EIN 22-3319984

Other Services

THE STEINEN GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE STEINEN GROUP 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