Retirement plan

SELECT SIRES, INC. 401(K) PLAN

Name: SELECT SIRES, INC. - SELECT SIRES, INC. 401(K) PLAN (2016) Form 5500
Creator: SELECT SIRES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SELECT SIRES, INC. 401(K) PLAN, SELECT SIRES, INC.

SELECT SIRES, INC.EIN 31-0717091Plan #002PY 2016

11740 US 42 NORTH, PO BOX 143 - PLAIN CITY, OH 43064614-733-3431selectsires.comLinkedIn201-500 employeesbiotechnology

Other plans on this EIN

1 filing

#001Retirement-$67.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.3M

+16.1% from 2015

Total participants

635

+0.3% from 2015

Average account balance

$72,491

+16.1% from 2015

Annual return

9.30%

+9.69 pp from 2015

Benchmarks

See 233 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort233 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.92M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

316

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.

76.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

-5.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$319

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
MILLIMAN, INC.2+ years Service code 15 · EIN 91-0675641	Recordkeeping	$63,853
MORGAN STANLEY SMITH BARNEY2+ years Service code 27 · EIN 26-4310632	Advisory (Plan)	$25,000
MATRIX TRUST COMPANY2+ years Filed as: MATRIX TRUST Service code 19 · EIN 20-1591048	Securities Custodian	$14,035
ESLER & VANDERSCHAAFF CO., L.P.A1 year Filed as: ESLER & VANDERSCHAFF Service code 23 2912 SPRINGBORO WEST RD · MORAINE, OH 45439	Insurance services; Legal; Direct pay...	$2,065

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$106K

$188 / participant

Investment mgmt$25K23.6%
Other / not subdivided$81K76.4%

% of EOY assets

0.245%

all-in expense ratio

Categories reported

1 / 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: BALESTRA, HARR AND SCHERER, CPAS
Auditor EIN: 311413369
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,491

$46,761+55.0%

$106,619-32.0%

$57,658+25.7%

Participation rate

93.3%

56.9%+36.4pp

78.0%+15.3pp

70.2%+23.0pp

Annual return

9.30%

15.77%-6.5pp

9.42%-0.1pp

5.13%+4.2pp

Employer contribution / active EE

$4,781

$1,274+275.3%

$3,947+21.1%

$1,974+142.2%

Participant deferral / active EE

$2,760

$1,954+41.2%

$3,930-29.8%

$3,061-9.8%

Admin fee / account holder

$177

$97+83.3%

$6,418-97.2%

$95+87.7%

Provider

Service type

Compensation

MILLIMAN, INC.2+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$63,853

MORGAN STANLEY SMITH BARNEY2+ years

Service code 27 · EIN 26-4310632

Advisory (Plan)

$25,000

MATRIX TRUST COMPANY2+ years

Filed as: MATRIX TRUST

Service code 19 · EIN 20-1591048

Securities Custodian

$14,035

ESLER & VANDERSCHAAFF CO., L.P.A1 year

Filed as: ESLER & VANDERSCHAFF

Service code 23

2912 SPRINGBORO WEST RD · MORAINE, OH 45439

Insurance services; Legal; Direct pay...

$2,065

SELECT SIRES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SELECT SIRES, INC. 401(K) 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