Retirement plan

STEWART & TATE EMPLOYEES PROFIT SHARING PLAN

Name: STEWART & TATE, INC. - STEWART & TATE EMPLOYEES PROFIT SHARING PLAN (2023) Form 5500
Creator: STEWART & TATE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEWART & TATE EMPLOYEES PROFIT SHARING PLAN, STEWART & TATE, INC.

STEWART & TATE, INC.EIN 23-1624612Plan #002PY 2023

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

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$26.3M

+12.6% from 2022

Total participants

321

+6.3% from 2022

Average account balance

$86,696

+4.0% from 2022

Annual return

11.96%

+24.84 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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 37 by compensation

Provider	Service type	Compensation
THE GLENMEDE TRUST COMPANY, N.A.5 years Service code 27 · EIN 32-0274136	Advisory (Plan)	$36,460
CONRAD SIEGEL4 years Filed as: CONRAD SIEGEL INC Service code 13 501 CORPORATE CIRCLE P.O. BOX 5900 · HARRISBURG, PA 171100900	Contract Administrator	$35,182
D. F. DENT & COMPANY, INC.5 years Service code 27 · EIN 52-1045317	Advisory (Plan)	$22,143
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,764
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. Service code 27 · EIN 94-1737782	Advisory (Plan)	$10,214
RKL LLP4 years Filed as: RKL Service code 10 · EIN 23-2108173	Accounting	$8,545
LOMBARD SECURITIES INC4 years Service code 26 1820 LANCASTER ST, 2ND FL · BALTIMORE, MD 21231	Advisory (Participants)	$6,837
SRS CAPITAL ADVISORS3 years Filed as: SRS CAPITAL ADVISORS, INC. Service code 27 730 17TH ST, STE 107 · DENVER, CO 80202	Advisory (Plan)	$6,487
AMERICAN REALTY ADVISORS5 years Filed as: AMERICAN BEACON ADVISORS INC Service code 28 220 EAST LAS COLINAS BLVD. · IRVING, TX 75039	Investment Management	$0
AMERICAN CENTURY5 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

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$141K

$781 / participant

Recordkeeping$11K7.6%
Trustee / custodial$10K7.2%
Investment mgmt$75K52.8%
Contract admin$37K26.3%
Other / not subdivided$9K6.0%

% of EOY assets

0.538%

all-in expense ratio

Categories reported

4 / 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: $8,545
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,696

$76,696+13.0%

$96,515-10.2%

$71,511+21.2%

Participation rate

90.1%

66.6%+23.5pp

74.3%+15.7pp

67.9%+22.1pp

Annual return

11.96%

48.32%-36.4pp

35.73%-23.8pp

28.86%-16.9pp

Employer contribution / active EE

$5,210

$3,032+71.9%

$3,740+39.3%

$2,589+101.2%

Participant deferral / active EE

$2,495

$3,770-33.8%

$4,880-48.9%

$4,291-41.8%

Admin fee / account holder

$467

$2,030-77.0%

$6,735-93.1%

$1,588-70.6%

Provider

Service type

Compensation

THE GLENMEDE TRUST COMPANY, N.A.5 years

Service code 27 · EIN 32-0274136

Advisory (Plan)

$36,460

CONRAD SIEGEL4 years

Filed as: CONRAD SIEGEL INC

Service code 13

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

Contract Administrator

$35,182

D. F. DENT & COMPANY, INC.5 years

Service code 27 · EIN 52-1045317

Advisory (Plan)

$22,143

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,764

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC.

Service code 27 · EIN 94-1737782

Advisory (Plan)

$10,214

RKL LLP4 years

Filed as: RKL

Service code 10 · EIN 23-2108173

Accounting

$8,545

LOMBARD SECURITIES INC4 years

Service code 26

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

Advisory (Participants)

$6,837

SRS CAPITAL ADVISORS3 years

Filed as: SRS CAPITAL ADVISORS, INC.

Service code 27

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

Advisory (Plan)

$6,487

AMERICAN REALTY ADVISORS5 years

Filed as: AMERICAN BEACON ADVISORS INC

Service code 28

220 EAST LAS COLINAS BLVD. · IRVING, TX 75039

Investment Management

AMERICAN CENTURY5 years

Filed as: AMERICAN CENTURY INVESTMENT INC

Service code 28 · EIN 44-6006315

Investment Management

STEWART & TATE EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEWART & TATE 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