Retirement plan

SYSTEMATIC MANAGEMENT SERVICES, INC. EMPLOYEE DEFERRED COMPENSATION PLAN

Name: SYSTEMATIC MGMT. SVCS., INC. - SYSTEMATIC MANAGEMENT SERVICES, INC. EMPLOYEE DEFERRED COMPENSATION PLAN (2023) Form 5500
Creator: SYSTEMATIC MGMT. SVCS., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYSTEMATIC MANAGEMENT SERVICES, INC. EMPLOYEE DEFERRED COMPENSATION PLAN, SYSTEMATIC MGMT. SVCS., INC.

SYSTEMATIC MGMT. SVCS., INC.EIN 22-2270761Plan #001PY 2023

411 AVIATION WAY, SUITE 200 - FREDERICK, MD 21701301-353-0072smshq.comLinkedIn51-200 employeesmanagement consulting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

+15.8% from 2022

Total participants

+29.3% from 2022

Average account balance

$73,715

-10.4% from 2022

Annual return

23.77%

+53.55 pp from 2022

Benchmarks

See 28,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,714 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.71M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

104

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.

241.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$560K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10311

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$1.1M

$32086 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.706%

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

$73,715

$93,589-21.2%

$135,942-45.8%

$75,181-1.9%

Participation rate

100.0%

75.2%+24.8pp

81.9%+18.1pp

67.2%+32.8pp

Annual return

23.77%

30.90%-7.1pp

68.28%-44.5pp

160.69%-136.9pp

Employer contribution / active EE

$4,711

$3,537+33.2%

$4,858-3.0%

$2,671+76.4%

Participant deferral / active EE

$12,952

$6,405+102.2%

$7,759+66.9%

$4,126+213.9%

Admin fee / account holder

$11,578

$6,977+65.9%

$10,764+7.6%

$5,650+104.9%

SYSTEMATIC MANAGEMENT SERVICES, INC. EMPLOYEE DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYSTEMATIC MANAGEMENT SERVICES, INC. EMPLOYEE DEFERRED COMPENSATION 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