Retirement plan

STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN

Name: STEWART & TATE, INC. - STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN (2020) 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 2020

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$24.7M

+6.6% from 2019

Total participants

312

-0.3% from 2019

Average account balance

$85,193

+8.4% from 2019

Annual return

10.00%

-6.86 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

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Service providers

Top 10 of 41 by compensation

Provider	Service type	Compensation
THE GLENMEDE TRUST COMPANY, N.A.2 years Service code 27 · EIN 32-0274136	Advisory (Plan)	$54,305
D. F. DENT & COMPANY, INC.2 years Service code 27 · EIN 52-1045317	Advisory (Plan)	$26,536
CONRAD SIEGEL1 year Filed as: CONRAD SIEGEL INC Service code 13 501 CORPORATE CIRCLE P.O. BOX 5900 · HARRISBURG, PA 171100900	Contract Administrator	$22,193
RKL LLP1 year Filed as: RKL Service code 10 · EIN 23-2108173	Accounting	$15,300
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,983
THE RETIREMENT ADVANTAGE INC2 years Filed as: THE RETIREMENT ADVANTAGE Service code 13 P.O. BOX 825 · ELM GROVE, WI 531220825	Contract Administrator	$7,789
WITHUMSMITH+BROWN, PC1 year Filed as: BROWN ADVISORY SECURITIES, LLC Service code 99 901 S BOND ST , SUITE 400 · BALTIMORE, MD 21231	Other Fees	$6,140
LOMBARD SECURITIES INC1 year Service code 27 1820 LANCASTER ST, 2ND FL · BALTIMORE, MD 21231	Advisory (Plan)	$6,140
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN BEACON ADVISORS INC Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN CENTURY2 years Filed as: AMERICAN CENTURY INVESTMENT INC Service code 28 · EIN 44-6006315	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$138K

$688 / participant

Investment mgmt$99K71.7%
Contract admin$24K17.3%
Other / not subdivided$15K11.1%

% of EOY assets

0.560%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,193

$69,383+22.8%

$101,275-15.9%

$73,497+15.9%

Participation rate

89.1%

68.4%+20.7pp

75.8%+13.2pp

70.7%+18.4pp

Annual return

10.00%

18.46%-8.5pp

46.48%-36.5pp

28.51%-18.5pp

Employer contribution / active EE

$4,635

$2,628+76.3%

$3,660+26.6%

$2,270+104.2%

Participant deferral / active EE

$2,129

$3,301-35.5%

$4,371-51.3%

$3,740-43.1%

Admin fee / account holder

$477

$704-32.2%

$5,948-92.0%

$513-7.0%

Provider

Service type

Compensation

THE GLENMEDE TRUST COMPANY, N.A.2 years

Service code 27 · EIN 32-0274136

Advisory (Plan)

$54,305

D. F. DENT & COMPANY, INC.2 years

Service code 27 · EIN 52-1045317

Advisory (Plan)

$26,536

CONRAD SIEGEL1 year

Filed as: CONRAD SIEGEL INC

Service code 13

501 CORPORATE CIRCLE P.O. BOX 5900 · HARRISBURG, PA 171100900

Contract Administrator

$22,193

RKL LLP1 year

Filed as: RKL

Service code 10 · EIN 23-2108173

Accounting

$15,300

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,983

THE RETIREMENT ADVANTAGE INC2 years

Filed as: THE RETIREMENT ADVANTAGE

Service code 13

P.O. BOX 825 · ELM GROVE, WI 531220825

Contract Administrator

$7,789

WITHUMSMITH+BROWN, PC1 year

Filed as: BROWN ADVISORY SECURITIES, LLC

Service code 99

901 S BOND ST , SUITE 400 · BALTIMORE, MD 21231

Other Fees

$6,140

LOMBARD SECURITIES INC1 year

Service code 27

1820 LANCASTER ST, 2ND FL · BALTIMORE, MD 21231

Advisory (Plan)

$6,140

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN BEACON ADVISORS INC

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN CENTURY2 years

Filed as: AMERICAN CENTURY INVESTMENT INC

Service code 28 · EIN 44-6006315

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