Retirement plan

J. C. SNAVELY & SONS, INC. , PROFIT SHARING 401(K) PLAN

Name: J. C. SNAVELY & SONS, INC. - J. C. SNAVELY & SONS, INC. , PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: J. C. SNAVELY & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J. C. SNAVELY & SONS, INC. , PROFIT SHARING 401(K) PLAN, J. C. SNAVELY & SONS, INC.

J. C. SNAVELY & SONS, INC.EIN 23-1300996Plan #001PY 2016

150 MAIN STREET - LANDISVILLE, PA 17538717-898-2241jcsnavely.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow returnsHigh feesHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$4.7M

No prior year

Total participants

112

No prior year

Average account balance

$47,743

No prior year

Annual return

0.34%

No prior year

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.67M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

171.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7649

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 4 by compensation

Provider	Service type	Compensation
GARDNER RUSSO1+ years Filed as: GARDNER RUSSO & GARDNER Service code 51 · EIN 23-1880726	Investment Mgmt Fees	$20,520
FULTON FINANCIAL ADVISORS1+ years Service code 21 · EIN 23-3037647	Bank Trustee	$14,473
R. P. MILLS ASSOCIATES, INC.1+ years Service code 15 · EIN 23-1706388	Recordkeeping	$8,992
ROSS BUEHLER FALK & COMPANY LLP1+ years Filed as: ROSS, BUEHLER, FALK & COMPANY, LLP Service code 10 · EIN 23-2327390	Accounting	$5,650

Plan features & details

Pension benefit codes2E2J3D

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.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$50K

$788 / participant

Investment mgmt$35K70.5%
Other / not subdivided$15K29.5%

% of EOY assets

1.061%

all-in expense ratio

Categories reported

1 / 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: ROSS, BUEHLER, FALK & COMPANY, LLP
Auditor EIN: 232327390
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,743

$58,828-18.8%

$78,002-38.8%

$62,881-24.1%

Participation rate

77.8%

71.1%+6.7pp

75.5%+2.3pp

69.3%+8.5pp

Annual return

0.34%

17.16%-16.8pp

425.99%-425.6pp

20.14%-19.8pp

Employer contribution / active EE

$1,672-100.0%

$2,470-100.0%

$2,281-100.0%

Participant deferral / active EE

$912

$2,686-66.0%

$3,497-73.9%

$3,203-71.5%

Admin fee / account holder

$506

$4,393-88.5%

$5,481-90.8%

$4,296-88.2%

Provider

Service type

Compensation

GARDNER RUSSO1+ years

Filed as: GARDNER RUSSO & GARDNER

Service code 51 · EIN 23-1880726

Investment Mgmt Fees

$20,520

FULTON FINANCIAL ADVISORS1+ years

Service code 21 · EIN 23-3037647

Bank Trustee

$14,473

R. P. MILLS ASSOCIATES, INC.1+ years

Service code 15 · EIN 23-1706388

Recordkeeping

$8,992

ROSS BUEHLER FALK & COMPANY LLP1+ years

Filed as: ROSS, BUEHLER, FALK & COMPANY, LLP

Service code 10 · EIN 23-2327390

Accounting

$5,650

J. C. SNAVELY & SONS, INC. , PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J. C. SNAVELY & SONS, INC. , PROFIT SHARING 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