Retirement plan

STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN

Name: STEWART & TATE, INC. - STEWART & TATE, INC. EMPLOYEES PROFIT SHARING PLAN (2021) 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 2021

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$27.3M

+10.4% from 2020

Total participants

306

-1.9% from 2020

Average account balance

$91,543

+7.5% from 2020

Annual return

11.06%

+1.06 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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 40 by compensation

Provider	Service type	Compensation
THE GLENMEDE TRUST COMPANY, N.A.3 years Service code 27 · EIN 32-0274136	Advisory (Plan)	$54,531
CONRAD SIEGEL2 years Filed as: CONRAD SIEGEL INC Service code 13 501 CORPORATE CIRCLE P.O. BOX 5900 · HARRISBURG, PA 171100900	Contract Administrator	$35,296
D. F. DENT & COMPANY, INC.3 years Service code 27 · EIN 52-1045317	Advisory (Plan)	$26,997
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,022
RKL LLP2 years Filed as: RKL Service code 10 · EIN 23-2108173	Accounting	$8,071
SRS CAPITAL ADVISORS1 year Filed as: SRS CAPITAL ADVISORS, INC. Service code 27 730 17TH ST, STE 107 · DENVER, CO 80202	Advisory (Plan)	$7,531
LOMBARD SECURITIES INC2 years Service code 27 1820 LANCASTER ST, 2ND FL · BALTIMORE, MD 21231	Advisory (Plan)	$7,295
AMERICAN REALTY ADVISORS3 years Filed as: AMERICAN BEACON ADVISORS INC Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN CENTURY3 years Filed as: AMERICAN CENTURY INVESTMENT INC Service code 28 · EIN 44-6006315	Investment Management	$0
AMERICAN CENTURY3 years Filed as: AMERICAN CENTURY INVESTMENT MANAGEM Service code 28	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

$158K

$885 / participant

Investment mgmt$113K71.2%
Contract admin$38K23.7%
Other / not subdivided$8K5.1%

% of EOY assets

0.581%

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

$91,543

$77,677+17.8%

$109,173-16.1%

$79,391+15.3%

Participation rate

95.5%

67.8%+27.7pp

75.9%+19.7pp

70.7%+24.8pp

Annual return

11.06%

23.44%-12.4pp

25.75%-14.7pp

116.88%-105.8pp

Employer contribution / active EE

$4,995

$2,798+78.5%

$3,723+34.2%

$2,428+105.7%

Participant deferral / active EE

$2,561

$3,517-27.2%

$4,654-45.0%

$4,046-36.7%

Admin fee / account holder

$531

$732-27.4%

$6,755-92.1%

$627-15.2%

Provider

Service type

Compensation

THE GLENMEDE TRUST COMPANY, N.A.3 years

Service code 27 · EIN 32-0274136

Advisory (Plan)

$54,531

CONRAD SIEGEL2 years

Filed as: CONRAD SIEGEL INC

Service code 13

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

Contract Administrator

$35,296

D. F. DENT & COMPANY, INC.3 years

Service code 27 · EIN 52-1045317

Advisory (Plan)

$26,997

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

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

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,022

RKL LLP2 years

Filed as: RKL

Service code 10 · EIN 23-2108173

Accounting

$8,071

SRS CAPITAL ADVISORS1 year

Filed as: SRS CAPITAL ADVISORS, INC.

Service code 27

730 17TH ST, STE 107 · DENVER, CO 80202

Advisory (Plan)

$7,531

LOMBARD SECURITIES INC2 years

Service code 27

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

Advisory (Plan)

$7,295

AMERICAN REALTY ADVISORS3 years

Filed as: AMERICAN BEACON ADVISORS INC

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN CENTURY3 years

Filed as: AMERICAN CENTURY INVESTMENT INC

Service code 28 · EIN 44-6006315

Investment Management

AMERICAN CENTURY3 years

Filed as: AMERICAN CENTURY INVESTMENT MANAGEM

Service code 28

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