Retirement plan

SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN

Name: SNYDER ASSOCIATED COMPANIES INC - SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN (2016) Form 5500
Creator: SNYDER ASSOCIATED COMPANIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN, SNYDER ASSOCIATED COMPANIES INC

SNYDER ASSOCIATED COMPANIES INCEIN 25-1268074Plan #001PY 2016

1 GLADE PARK EAST, PO BOX 1022 - KITTANNING, PA 16201724-548-8101LinkedIn201-500 employeesbuilding materials

Prospect flagsHigh retiree %High feesHigh assets / participant

How to read this page

Total assets (EOY)

$22.2M

+5.5% from 2015

Total participants

-92.5% from 2015

Average account balance

$434,959

+7.6% from 2015

Annual return

6.90%

+7.40 pp from 2015

Benchmarks

See 3,120 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Cohort3,120 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.36M

Not enough data

1 years with asset history on file

Average account balance

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

$531K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$721K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10443

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2R2T3D3H

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$889K

Other / not subdivided$889K100.0%

% of EOY assets

4.008%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$434,959

$215,169+102.1%

$108,745+300.0%

Participation rate

0.0%

66.0%-66.0pp

77.7%-77.7pp

Annual return

6.90%

8.06%-1.2pp

46.22%-39.3pp

Employer contribution / active EE

$1,713-100.0%

$3,323-100.0%

Participant deferral / active EE

$2,837-100.0%

$5,121-100.0%

Admin fee / account holder

$17,432

$27,681-37.0%

$6,144+183.8%

SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SNYDER ASSOCIATED COMPANIES INC EMPLOYEE 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