Retirement plan

STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN

Name: STEWART & TATE, INC. - STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN (2019) Form 5500
Creator: STEWART & TATE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN, STEWART & TATE, INC.

STEWART & TATE, INC.EIN 23-1624612Plan #002PY 2019

950 SMILE WAY - YORK, PA 17404717-848-2831

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$23.2M

+13.0% from 2018

Total participants

313

+5.7% from 2018

Average account balance

$78,580

+13.0% from 2018

Annual return

16.86%

+20.78 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.94M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

303

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+7.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$560

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 10 of 37 by compensation

Provider	Service type	Compensation
THE GLENMEDE TRUST COMPANY, N.A.1 year Service code 27 · EIN 32-0274136	Advisory (Plan)	$48,320
D. F. DENT & COMPANY, INC.1 year Service code 27 · EIN 52-1045317	Advisory (Plan)	$24,101
LETORT MANAGEMENT & TRUST CO.5+ years Service code 15 · EIN 25-1900215	Recordkeeping	$20,555
THE RETIREMENT ADVANTAGE INC1 year Filed as: THE RETIREMENT ADVANTAGE Service code 15 PO BOX 825 · ELM GROVE, WI 531220825	Recordkeeping	$6,967
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN BEACON ADVISORS INC Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENT INC Service code 28 · EIN 44-6006315	Investment Management	$0
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENT MANAGEM Service code 28	Investment Management	$0
AQR CAPITAL MANAGEMENT LLC1 year Filed as: AQR CAPITAL LLC Service code 28 TWO GREEWICH PLAZA,3RD FLOOR · GREENWICH, CT 06830	Investment Management	$0
AQR CAPITAL MANAGEMENT LLC1 year Service code 28	Investment Management	$0
BLACKROCK1 year Filed as: BLACKROCK FUND ADVISORS Service code 28 · EIN 51-0318674	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2H2J3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$105K

$494 / participant

Investment mgmt$105K100.0%

% of EOY assets

0.451%

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: RKL, LLP
Auditor EIN: 232108173
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,580

$63,114+24.5%

$92,915-15.4%

$65,186+20.5%

Participation rate

91.5%

68.8%+22.7pp

76.0%+15.5pp

70.2%+21.3pp

Annual return

16.86%

28.75%-11.9pp

109.45%-92.6pp

29.39%-12.5pp

Employer contribution / active EE

$4,340

$2,571+68.8%

$3,653+18.8%

$2,177+99.4%

Participant deferral / active EE

$2,058

$3,108-33.8%

$4,238-51.4%

$3,514-41.4%

Admin fee / account holder

$355

$624-43.1%

$5,796-93.9%

$847-58.1%

Provider

Service type

Compensation

THE GLENMEDE TRUST COMPANY, N.A.1 year

Service code 27 · EIN 32-0274136

Advisory (Plan)

$48,320

D. F. DENT & COMPANY, INC.1 year

Service code 27 · EIN 52-1045317

Advisory (Plan)

$24,101

LETORT MANAGEMENT & TRUST CO.5+ years

Service code 15 · EIN 25-1900215

Recordkeeping

$20,555

THE RETIREMENT ADVANTAGE INC1 year

Filed as: THE RETIREMENT ADVANTAGE

Service code 15

PO BOX 825 · ELM GROVE, WI 531220825

Recordkeeping

$6,967

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN BEACON ADVISORS INC

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENT INC

Service code 28 · EIN 44-6006315

Investment Management

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENT MANAGEM

Service code 28

Investment Management

AQR CAPITAL MANAGEMENT LLC1 year

Filed as: AQR CAPITAL LLC

Service code 28

TWO GREEWICH PLAZA,3RD FLOOR · GREENWICH, CT 06830

Investment Management

AQR CAPITAL MANAGEMENT LLC1 year

Service code 28

Investment Management

BLACKROCK1 year

Filed as: BLACKROCK FUND ADVISORS

Service code 28 · EIN 51-0318674

Investment Management

STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEWART & TATE, INC. EMPLOYEES PROFIT SHARING 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