Retirement plan

SAWDEY SOLUTION SERVICES, INC. 401(K) RETIREMENT PLAN

Name: SAWDEY SOLUTION SERVICES, INC. - SAWDEY SOLUTION SERVICES, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: SAWDEY SOLUTION SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAWDEY SOLUTION SERVICES, INC. 401(K) RETIREMENT PLAN, SAWDEY SOLUTION SERVICES, INC.

SAWDEY SOLUTION SERVICES, INC.EIN 31-1765436Plan #001PY 2024

1430 OAK CT. SUITE 304 - BEAVERCREEK, OH 45430937-490-4060sawdeysolutionservices.comLinkedIn201-500 employeesdefense & space

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$26.7M

+13.4% from 2023

Total participants

502

-2.9% from 2023

Average account balance

$57,840

+16.4% from 2023

Annual return

19.81%

+3.31 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.66M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

461

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.

84.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+19.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35

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 3 by compensation

Provider	Service type	Compensation
EVERHART ADVISORS6 years Filed as: EVERHART FINANCIAL GROUP Service code 99	Other Fees	$51,302
CREATIVE RETIREMENT SYSTEMS, INC.10+ years Service code 49 · EIN 31-1299207 25 MERCHANT STREET, SUITE 135 · CINCINNATI, OH 45246	Other Services	$12,172
EVERHART ADVISORS1 year Filed as: EVERHART FINANCIAL GROUP INC Service code 99 · EIN 31-1440043	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

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

$16K

$60 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAMMERMAN, GRAF, HUGHES & COMPANY
Auditor EIN: 311183837
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,840

$106,230-45.6%

$147,080-60.7%

$77,736-25.6%

Participation rate

84.7%

78.4%+6.3pp

82.2%+2.5pp

70.6%+14.1pp

Annual return

19.81%

56.91%-37.1pp

420.17%-400.4pp

31.26%-11.5pp

Employer contribution / active EE

$3,481

$4,072-14.5%

$4,933-29.4%

$2,728+27.6%

Participant deferral / active EE

$8,182

$8,001+2.3%

$8,066+1.4%

$4,651+75.9%

Admin fee / account holder

$35

$338-89.8%

$12,989-99.7%

$433-92.0%

Provider

Service type

Compensation

EVERHART ADVISORS6 years

Filed as: EVERHART FINANCIAL GROUP

Service code 99

Other Fees

$51,302

CREATIVE RETIREMENT SYSTEMS, INC.10+ years

Service code 49 · EIN 31-1299207

25 MERCHANT STREET, SUITE 135 · CINCINNATI, OH 45246

Other Services

$12,172

EVERHART ADVISORS1 year

Filed as: EVERHART FINANCIAL GROUP INC

Service code 99 · EIN 31-1440043

Other Fees

SAWDEY SOLUTION SERVICES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAWDEY SOLUTION SERVICES, INC. 401(K) RETIREMENT 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