Retirement plan

STTC 401(K) RETIREMENT SAVINGS PLAN

Name: SERVICE TIRE TRUCK CENTER, INC. - STTC 401(K) RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: SERVICE TIRE TRUCK CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STTC 401(K) RETIREMENT SAVINGS PLAN, SERVICE TIRE TRUCK CENTER, INC.

SERVICE TIRE TRUCK CENTER, INC.EIN 23-1689591Plan #001PY 2018

2255 AVENUE A - BETHLEHEM, PA 18017610-954-8473sttc.comLinkedIn501-1000 employeestransportation/trucking/railroad

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed January 24, 2007

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$23.9M

-6.1% from 2017

Total participants

742

+0.1% from 2017

Average account balance

$33,233

-8.0% from 2017

Annual return

-5.79%

-24.15 pp from 2017

Benchmarks

See 2,409 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,409 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.57M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

835

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$158

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 9 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 53 · EIN 54-0910269	Insurance Commissions	$35,917
BAKER TILLY US, LLP2 years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 · EIN 39-0859910	Accounting	$16,156
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$11,542
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VIRCHOW Service code 10 · EIN 39-0859910	Accounting	$9,024
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 53 · EIN 59-1199408	Insurance Commissions	$5,486
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
THE BANK OF NEW YORK MELLON2 years Filed as: DREYFUS Service code 52 · EIN 13-3618129	Indirect Investment Fees	$0
OPPENHEIMER2 years Service code 52 · EIN 22-3849391	Indirect Investment Fees	$0
PIMCO FUNDS2 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3F2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

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

$28K

$40 / participant

Contract admin$10K34.8%
Other / not subdivided$18K65.2%

% of EOY assets

0.116%

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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,233

$65,118-49.0%

$76,767-56.7%

$55,725-40.4%

Participation rate

96.6%

79.6%+16.9pp

77.0%+19.6pp

70.9%+25.7pp

Annual return

-5.79%

-1.27%-4.5pp

2.43%-8.2pp

244.93%-250.7pp

Employer contribution / active EE

$910

$1,941-53.1%

$2,485-63.4%

$2,078-56.2%

Participant deferral / active EE

$2,320

$3,688-37.1%

$3,852-39.8%

$3,356-30.9%

Admin fee / account holder

$39

$116-66.7%

$6,675-99.4%

$115-66.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 53 · EIN 54-0910269

Insurance Commissions

$35,917

BAKER TILLY US, LLP2 years

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 10 · EIN 39-0859910

Accounting

$16,156

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$11,542

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY VIRCHOW

Service code 10 · EIN 39-0859910

Accounting

$9,024

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES INSURANCE GROUP INC

Service code 53 · EIN 59-1199408

Insurance Commissions

$5,486

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

THE BANK OF NEW YORK MELLON2 years

Filed as: DREYFUS

Service code 52 · EIN 13-3618129

Indirect Investment Fees

OPPENHEIMER2 years

Service code 52 · EIN 22-3849391

Indirect Investment Fees

PIMCO FUNDS2 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

STTC 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STTC 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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