Retirement plan

SYSTEMS TECHNOLOGIES, INC. 401K PLAN

Name: SYSTEMS TECHNOLOGIES, INC. - SYSTEMS TECHNOLOGIES, INC. 401K PLAN (2018) Form 5500
Creator: SYSTEMS TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYSTEMS TECHNOLOGIES, INC. 401K PLAN, SYSTEMS TECHNOLOGIES, INC.

SYSTEMS TECHNOLOGIES, INC.EIN 22-3024504Plan #001PY 2018

185 ROUTE 36 - WEST LONG BRANCH, NJ 07764732-571-6400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15M

-5.4% from 2017

Total participants

151

-6.8% from 2017

Average account balance

$104,158

+1.8% from 2017

Annual return

-4.78%

-19.78 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.92M

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

111

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.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$934K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$454

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 99 · EIN 34-1542819	Other Fees	$29,873
WITHUMSMITH+BROWN, PC1 year Filed as: WITHUMSMITH+BROWN Service code 99 · EIN 22-2027092	Other Fees	$11,867
MORNINGSTAR1 year Service code 27 · EIN 36-3297908	Advisory (Plan)	$3,393

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1K

$15 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.008%

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: WITHUM SMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,158

$77,816+33.9%

$123,552-15.7%

$64,173+62.3%

Participation rate

91.1%

74.7%+16.4pp

82.3%+8.8pp

69.6%+21.6pp

Annual return

-4.78%

12.49%-17.3pp

119.20%-124.0pp

7.63%-12.4pp

Employer contribution / active EE

$2,510

$3,014-16.7%

$4,628-45.8%

$2,381+5.4%

Participant deferral / active EE

$9,114

$5,240+73.9%

$6,426+41.8%

$3,470+162.7%

Admin fee / account holder

$5,519-99.9%

$9,285-99.9%

$4,887-99.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 99 · EIN 34-1542819

Other Fees

$29,873

WITHUMSMITH+BROWN, PC1 year

Filed as: WITHUMSMITH+BROWN

Service code 99 · EIN 22-2027092

Other Fees

$11,867

MORNINGSTAR1 year

Service code 27 · EIN 36-3297908

Advisory (Plan)

$3,393

SYSTEMS TECHNOLOGIES, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYSTEMS TECHNOLOGIES, INC. 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