Retirement plan

SUMMA GROUP RETIREMENT SAVINGS PLAN

Name: SUMMA GROUP/TECHCORR USA/INDUSTRIAL WASTE SOLUTIONS/VISUALAIM LLC - SUMMA GROUP RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: SUMMA GROUP/TECHCORR USA/INDUSTRIAL WASTE SOLUTIONS/VISUALAIM LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMMA GROUP RETIREMENT SAVINGS PLAN, SUMMA GROUP/TECHCORR USA/INDUSTRIAL WASTE SOLUTIONS/VISUALAIM LLC

SUMMA GROUP/TECHCORR USA/INDUSTRIAL WASTE SOLUTIONS/VISUALAIM LLCEIN 26-4289689Plan #002PY 2019

1485 E.SAM HOUSTON PARKWAY S., SUITE 160 - PASADENA, TX 77503713-524-2768

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$9.7M

No prior year

Total participants

547

No prior year

Average account balance

$17,781

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.79M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

498

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.

57.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$123

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 2 by compensation

Provider	Service type	Compensation
SLAVIC INTEGRATED ADMINISTRATION1+ years Service code 15 · EIN 65-0608221	Recordkeeping	$42,270
SLAVIC INTEGRATED ADMINISTRATION1+ years Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP Service code 28 · EIN 59-2749576	Investment Management	$9,408

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$52K

$191 / participant

Investment mgmt$9K18.2%
Contract admin$42K81.8%

% of EOY assets

0.531%

all-in expense ratio

Categories reported

2 / 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: PFK OF TEXAS, P.C.
Auditor EIN: 760356844
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,781

$88,122-79.8%

$141,197-87.4%

$67,582-73.7%

Participation rate

100.0%

76.5%+23.5pp

82.5%+17.5pp

71.3%+28.7pp

Annual return

0.00%

75.40%-75.4pp

71.41%-71.4pp

378.57%-378.6pp

Employer contribution / active EE

$1,773

$3,224-45.0%

$4,736-62.6%

$2,148-17.5%

Participant deferral / active EE

$4,731

$5,958-20.6%

$6,710-29.5%

$3,539+33.7%

Admin fee / account holder

$94

$131-27.8%

$10,265-99.1%

$142-33.6%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION1+ years

Service code 15 · EIN 65-0608221

Recordkeeping

$42,270

SLAVIC INTEGRATED ADMINISTRATION1+ years

Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP

Service code 28 · EIN 59-2749576

Investment Management

$9,408

SUMMA GROUP RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMMA GROUP RETIREMENT SAVINGS 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