Retirement plan

SIGNATURE PERFORMANCE, INC. 401(K) PROFIT SHARING PLAN

Name: SIGNATURE PERFORMANCE INC - SIGNATURE PERFORMANCE, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SIGNATURE PERFORMANCE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIGNATURE PERFORMANCE, INC. 401(K) PROFIT SHARING PLAN, SIGNATURE PERFORMANCE INC

SIGNATURE PERFORMANCE INCEIN 26-0590841Plan #001PY 2024

10250 REGENCY CIRCLE SUITE 500 - OMAHA, NE 68114402-343-0300signatureperformance.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$26.9M

+47.8% from 2023

Total participants

1,181

+3.5% from 2023

Average account balance

$25,295

+35.8% from 2023

Annual return

23.82%

+1.23 pp from 2023

Benchmarks

See 609 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort609 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.94M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,065

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.

88.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+23.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS7 years Service code 15 · EIN 13-3689044	Recordkeeping	$137,415
RBC WEALTH MANAGEMENT7 years Filed as: RBC CAPITAL MARKETS LLC Service code 22 · EIN 41-1416330	Insurance Broker	$44,456
ASCENSUS LLC6 years Filed as: PENSION ADMINISTRATORS LLC Service code 37 · EIN 20-4043839	Loan Processing	$26,905
BERGANKVD1 year Service code 27 · EIN 81-3053687	Advisory (Plan)	$26,500

Plan features & details

Pension benefit codes2E2G2J2K2S3D3H

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.
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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$191K

$190 / participant

Contract admin$191K100.0%

% of EOY assets

0.709%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERGANKDV LLC
Auditor EIN: 813053687
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,295

$122,585-79.4%

$184,256-86.3%

$200,096-87.4%

Participation rate

88.4%

86.9%+1.5pp

86.8%+1.6pp

72.0%+16.4pp

Annual return

23.82%

144.12%-120.3pp

28.85%-5.0pp

34.26%-10.4pp

Employer contribution / active EE

$2,343

$4,571-48.8%

$6,427-63.6%

$3,038-22.9%

Participant deferral / active EE

$3,583

$7,972-55.1%

$9,133-60.8%

$5,090-29.6%

Admin fee / account holder

$179

$120+49.2%

$13,899-98.7%

$269-33.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7 years

Service code 15 · EIN 13-3689044

Recordkeeping

$137,415

RBC WEALTH MANAGEMENT7 years

Filed as: RBC CAPITAL MARKETS LLC

Service code 22 · EIN 41-1416330

Insurance Broker

$44,456

ASCENSUS LLC6 years

Filed as: PENSION ADMINISTRATORS LLC

Service code 37 · EIN 20-4043839

Loan Processing

$26,905

BERGANKVD1 year

Service code 27 · EIN 81-3053687

Advisory (Plan)

$26,500

SIGNATURE PERFORMANCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIGNATURE PERFORMANCE, INC. 401(K) 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