Retirement plan

SILVERTOP ASSOCIATES INC. DBA RASTA IMPOSTA 401K PLAN

Name: SILVERTOP ASSOCIATES INC. RASTA IMPOSTA DBA RASTA IMPOSTA - SILVERTOP ASSOCIATES INC. DBA RASTA IMPOSTA 401K PLAN (2017) Form 5500
Creator: SILVERTOP ASSOCIATES INC. RASTA IMPOSTA DBA RASTA IMPOSTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVERTOP ASSOCIATES INC. DBA RASTA IMPOSTA 401K PLAN, SILVERTOP ASSOCIATES INC. RASTA IMPOSTA DBA RASTA IMPOSTA

SILVERTOP ASSOCIATES INC. RASTA IMPOSTA DBA RASTA IMPOSTAEIN 22-2739349Plan #001PY 2017

PO BOX 7, 600 E. CLEMENTS BRIDGE RD - RUNNEMEDE, NJ 080781453856-939-9599

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

+12.3% from 2016

Total participants

-13.6% from 2016

Average account balance

$78,805

+3.4% from 2016

Annual return

13.50%

+5.98 pp from 2016

Benchmarks

See 3,171 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,171 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

190.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$82K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D2T

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.

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

$134K

$10341 / participant

Other / not subdivided$134K100.0%

% of EOY assets

4.489%

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

$78,805

$100,901-21.9%

$75,501+4.4%

$147,586-46.6%

Participation rate

100.0%

77.1%+22.9pp

72.4%+27.6pp

82.8%+17.2pp

Annual return

13.50%

35.78%-22.3pp

27.35%-13.8pp

578.59%-565.1pp

Employer contribution / active EE

$2,458

$3,253-24.5%

$2,352+4.5%

$4,876-49.6%

Participant deferral / active EE

$3,069

$4,027-23.8%

$3,142-2.3%

$5,439-43.6%

Admin fee / account holder

$3,538

$11,285-68.7%

$5,801-39.0%

$10,886-67.5%

SILVERTOP ASSOCIATES INC. DBA RASTA IMPOSTA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVERTOP ASSOCIATES INC. DBA RASTA IMPOSTA 401K 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