Retirement plan

SCROGGINSGREAR INC 401K PLAN

Name: SCROGGINSGREAR INC - SCROGGINSGREAR INC 401K PLAN (2015) Form 5500
Creator: SCROGGINSGREAR INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCROGGINSGREAR INC 401K PLAN, SCROGGINSGREAR INC

SCROGGINSGREAR INCEIN 31-0795487Plan #001PY 2015

200 NORTHLAND BLVD - CINCINNATI, OH 452463670513-771-7070scrogginsgrear.comLinkedIn51-200 employeesmanagement consulting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19.3M

No prior year

Total participants

117

No prior year

Average account balance

$165,322

No prior year

Annual return

0.50%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.53M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$330K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7287

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

Top 2 by compensation

Provider	Service type	Compensation
VEID & VEID CPAS1+ years Service code 10 700 WEST PETE ROSE WAY · CINCINNATI, OH 45203	Accounting	$8,500
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Service code 15 PO BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$1,490

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$36K

$466 / participant

Investment mgmt$26K72.5%
Contract admin$1K4.1%
Other / not subdivided$9K23.4%

% of EOY assets

0.188%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VEID & VEID CPAS
Auditor EIN: 542121378
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$165,322

$72,177+129.1%

$115,038+43.7%

$59,633+177.2%

Participation rate

100.0%

72.6%+27.4pp

81.4%+18.6pp

68.7%+31.3pp

Annual return

0.50%

12.02%-11.5pp

26.14%-25.6pp

2041.45%-2040.9pp

Employer contribution / active EE

$681

$2,841-76.0%

$4,608-85.2%

$2,203-69.1%

Participant deferral / active EE

$7,298

$4,783+52.6%

$6,026+21.1%

$3,192+128.7%

Admin fee / account holder

$311

$4,927-93.7%

$8,175-96.2%

$4,297-92.8%

Provider

Service type

Compensation

VEID & VEID CPAS1+ years

Service code 10

700 WEST PETE ROSE WAY · CINCINNATI, OH 45203

Accounting

$8,500

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Service code 15

PO BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$1,490

SCROGGINSGREAR INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCROGGINSGREAR INC 401K 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