Retirement plan

SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN

Name: SNYDER ASSOCIATED COMPANIES INC - SNYDER ASSOCIATED COMPANIES INC EMPLOYEE PROFIT SHARING PLAN (2020) 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 2020

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

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$28.3M

+2.1% from 2019

Total participants

-3.6% from 2019

Average account balance

$524,764

+5.9% from 2019

Annual return

10.85%

-7.28 pp from 2019

Benchmarks

See 508 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort508 peers

Snapshot2020

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 codes2E2F2G2R2T3D3H

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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$3.1M

$70456 / participant

Other / not subdivided$3M100.0%

% of EOY assets

10.940%

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

$524,764

$95,762+448.0%

$379,746+38.2%

$79,852+557.2%

Participation rate

100.0%

74.0%+26.0pp

78.4%+21.6pp

69.6%+30.4pp

Annual return

10.85%

18.26%-7.4pp

34.90%-24.1pp

31.72%-20.9pp

Employer contribution / active EE

$14,889

$2,695+452.4%

$3,540+320.6%

$2,471+502.5%

Participant deferral / active EE

$4,705-100.0%

$6,024-100.0%

$3,740-100.0%

Admin fee / account holder

$57,408

$6,745+751.1%

$7,927+624.2%

$5,306+981.9%

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