Retirement plan

SES 401(K) PLAN

Name: SUPERIOR ENVIRONMENTAL SOLUTIONS, LLC - SES 401(K) PLAN (2024) Form 5500
Creator: SUPERIOR ENVIRONMENTAL SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SES 401(K) PLAN, SUPERIOR ENVIRONMENTAL SOLUTIONS, LLC

SUPERIOR ENVIRONMENTAL SOLUTIONS, LLCEIN 31-1622822Plan #001PY 2024

9996 JOSEPH JAMES DRIVE - CINCINNATI, OH 45246513-874-8355sesinc.comLinkedIn501-1000 employeesenvironmental services

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.2M

+33.7% from 2023

Total participants

1,051

+41.1% from 2023

Average account balance

$10,787

-5.2% from 2023

Annual return

14.92%

-6.80 pp from 2023

Benchmarks

See 834 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort834 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.24M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

1,042

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6 years Service code 13 · EIN 27-2037969	Contract Administrator	$73,323
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL MANAGEMENT Service code 26 · EIN 22-1146430	Advisory (Participants)	$14,646

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$91K

$117 / participant

Recordkeeping$28K30.7%
Trustee / custodial$3K3.2%
Investment mgmt$15K16.1%
Contract admin$45K49.9%

% of EOY assets

0.809%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BARNES, DENNIG & CO., LTD
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,787

$45,022-76.0%

$85,126-87.3%

$77,714-86.1%

Participation rate

98.8%

48.7%+50.2pp

67.5%+31.3pp

70.6%+28.3pp

Annual return

14.92%

79.38%-64.5pp

66.63%-51.7pp

31.26%-16.3pp

Employer contribution / active EE

$1,321

$1,610-18.0%

$2,731-51.6%

$2,727-51.6%

Participant deferral / active EE

$2,180

$2,811-22.4%

$4,523-51.8%

$4,649-53.1%

Admin fee / account holder

$87

$913-90.4%

$6,160-98.6%

$433-79.9%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6 years

Service code 13 · EIN 27-2037969

Contract Administrator

$73,323

PNC BANK, N.A.1 year

Filed as: PNC INSTITUTIONAL MANAGEMENT

Service code 26 · EIN 22-1146430

Advisory (Participants)

$14,646

SES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SES 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