Retirement plan

SHEERTRANS SOLUTIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: SHEERTRANS SOLUTIONS LLC - SHEERTRANS SOLUTIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: SHEERTRANS SOLUTIONS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHEERTRANS SOLUTIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST, SHEERTRANS SOLUTIONS LLC

SHEERTRANS SOLUTIONS LLCEIN 27-4415526Plan #001PY 2024

635 TRADE CENTER BLVD. - CHESTERFIELD, MO 63005314-721-0101

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5M

+17.1% from 2023

Total participants

+12.1% from 2023

Average account balance

$75,240

+15.3% from 2023

Annual return

17.21%

-4.41 pp from 2023

Benchmarks

See 4,597 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,597 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.04M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

126.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$712K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11280

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 codes2J2E2F2G2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$756K

$14260 / participant

Other / not subdivided$756K100.0%

% of EOY assets

14.992%

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

$75,240

$56,063+34.2%

$76,051-1.1%

$80,911-7.0%

Participation rate

86.8%

62.0%+24.8pp

69.1%+17.7pp

67.6%+19.1pp

Annual return

17.21%

20.54%-3.3pp

360.42%-343.2pp

35.63%-18.4pp

Employer contribution / active EE

$4,185

$1,874+123.3%

$2,690+55.6%

$2,756+51.9%

Participant deferral / active EE

$9,242

$3,052+202.8%

$4,257+117.1%

$4,297+115.1%

Admin fee / account holder

$11,280

$5,240+115.3%

$6,416+75.8%

$6,935+62.7%

SHEERTRANS SOLUTIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHEERTRANS SOLUTIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST

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