Retirement plan

SIVANTOS SAVINGS PLAN

Name: SIVANTOS, INC. - SIVANTOS SAVINGS PLAN (2019) Form 5500
Creator: SIVANTOS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIVANTOS SAVINGS PLAN, SIVANTOS, INC.

SIVANTOS, INC.EIN 22-2102429Plan #001PY 2019

10 CONSTITUTION AVENUE - PISCATAWAY, NJ 08855732-529-3733

Other plans on this EIN

1 filing

#002Retirement-$36.9M assets

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed July 9, 2015

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$123.3M

+18.8% from 2018

Total participants

1,845

+3.2% from 2018

Average account balance

$71,640

+17.0% from 2018

Annual return

18.57%

+2.05 pp from 2018

Benchmarks

See 823 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort823 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$174.93M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

2,271

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$103

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

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 12 · EIN 13-3689044	Recordkeeping fees; Shareholder servi...	$176,962
KOVACK SECURITIES INC2 years Filed as: KOVACK ADVISOR Service code 27 · EIN 20-0981614	Advisory (Plan)	$56,519
FORVIS MAZARS, LLP1 year Filed as: MAZARS USA LLP Service code 10 · EIN 13-1459550	Accounting	$35,000
HARTER SECREST & EMERY LLP2 years Service code 29 · EIN 16-0766172	Legal	$10,466
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$469
MID ATLANTIC CAPITAL CORPORATION5+ years Service code 33	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES5+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2S2T3D3H

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$279K

$217 / participant

Investment mgmt$57K20.3%
Other / not subdivided$222K79.7%

% of EOY assets

0.226%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MAZARS USA LLP
Auditor EIN: 131459550
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,640

$105,247-31.9%

$87,100-17.8%

$77,787-7.9%

Participation rate

90.3%

85.8%+4.5pp

76.9%+13.5pp

73.2%+17.1pp

Annual return

18.57%

24.52%-5.9pp

28.19%-9.6pp

32.57%-14.0pp

Employer contribution / active EE

$2,390

$2,895-17.4%

$2,521-5.2%

$2,504-4.6%

Participant deferral / active EE

$5,102

$5,060+0.8%

$4,049+26.0%

$3,967+28.6%

Admin fee / account holder

$162

$104+55.1%

$7,497-97.8%

$100+62.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 12 · EIN 13-3689044

Recordkeeping fees; Shareholder servi...

$176,962

KOVACK SECURITIES INC2 years

Filed as: KOVACK ADVISOR

Service code 27 · EIN 20-0981614

Advisory (Plan)

$56,519

FORVIS MAZARS, LLP1 year

Filed as: MAZARS USA LLP

Service code 10 · EIN 13-1459550

Accounting

$35,000

HARTER SECREST & EMERY LLP2 years

Service code 29 · EIN 16-0766172

Legal

$10,466

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$469

MID ATLANTIC CAPITAL CORPORATION5+ years

Service code 33

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES5+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

SIVANTOS SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIVANTOS SAVINGS PLAN

Top hat statement on fileNQDC

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