Retirement plan

SEQUOIA WEALTH PARTNERS, LLC SAFE HARBOR 401(K) AND PROFIT SHARING PLAN

Name: SEQUOIA WEALTH PARTNERS, LLC - SEQUOIA WEALTH PARTNERS, LLC SAFE HARBOR 401(K) AND PROFIT SHARING PLAN (2017) Form 5500
Creator: SEQUOIA WEALTH PARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEQUOIA WEALTH PARTNERS, LLC SAFE HARBOR 401(K) AND PROFIT SHARING PLAN, SEQUOIA WEALTH PARTNERS, LLC

SEQUOIA WEALTH PARTNERS, LLCEIN 27-4648396Plan #001PY 2017

3154 18TH AVENUE, SUITE 7 - COLUMBUS, NE 68601402-563-1210LinkedIn1-10 employeesfinancial services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$702K

+21.3% from 2016

Total participants

+25.0% from 2016

Average account balance

$140,319

-3.0% from 2016

Annual return

7.14%

-4.63 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.67M

Not enough data

1 years with asset history on file

Average account balance

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

$334K

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

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+11.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1569

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 codes2E2G2J2R3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$140,319

$171,867-18.4%

$149,721-6.3%

$147,586-4.9%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

7.14%

2113.36%-2106.2pp

1501.67%-1494.5pp

578.59%-571.5pp

Employer contribution / active EE

$11,014

$6,275+75.5%

$5,444+102.3%

$4,876+125.9%

Participant deferral / active EE

$9,466

$7,270+30.2%

$6,568+44.1%

$5,439+74.0%

Admin fee / account holder

$13,799-100.0%

$11,282-100.0%

$10,886-100.0%

SEQUOIA WEALTH PARTNERS, LLC SAFE HARBOR 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SEQUOIA WEALTH PARTNERS, LLC SAFE HARBOR 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion