Retirement plan

SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. PROFIT SHARING PLAN

Name: SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. - SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. PROFIT SHARING PLAN (2021) Form 5500
Creator: SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. PROFIT SHARING PLAN, SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC.

SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC.EIN 31-0644724Plan #002PY 2021

10310 SPARTAN DR - CINCINNATI, OH 45215513-772-9410

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.5M

+26.3% from 2020

Total participants

+2.9% from 2020

Average account balance

$338,278

+26.3% from 2020

Annual return

20.21%

+13.20 pp from 2020

Benchmarks

See 14,567 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,567 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.93M

Not enough data

1 years with asset history on file

Average account balance

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

$321K

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$674K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+9.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26849

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 codes2E2G3D

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.
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

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

$55K

$1713 / participant

Other / not subdivided$55K100.0%

% of EOY assets

0.477%

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

$338,278

$86,298+292.0%

$111,308+203.9%

$85,847+294.0%

Participation rate

96.9%

73.3%+23.5pp

77.3%+19.6pp

69.3%+27.6pp

Annual return

20.21%

19.99%+0.2pp

54.67%-34.5pp

318.61%-298.4pp

Employer contribution / active EE

$17,298

$2,044+746.4%

$2,732+533.2%

$2,565+574.3%

Participant deferral / active EE

$3,641-100.0%

$4,487-100.0%

$3,952-100.0%

Admin fee / account holder

$1,612

$8,189-80.3%

$7,965-79.8%

$6,261-74.2%

SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SO-LOW ENVIRONMENTAL EQUIPMENT CO., INC. 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