Retirement plan

SUN AND SANDS ENTERPRISES PROFIT SHARING AND 401(K) PLAN

Name: SUN AND SANDS ENTERPRISES, LLC - SUN AND SANDS ENTERPRISES PROFIT SHARING AND 401(K) PLAN (2021) Form 5500
Creator: SUN AND SANDS ENTERPRISES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUN AND SANDS ENTERPRISES PROFIT SHARING AND 401(K) PLAN, SUN AND SANDS ENTERPRISES, LLC

SUN AND SANDS ENTERPRISES, LLCEIN 33-0249347Plan #002PY 2021

47110 WASHINGTON ST STE 103 - LA QUINTA, CA 922532186760-399-4278

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$12.4M

+4.1% from 2020

Total participants

151

-4.4% from 2020

Average account balance

$100,248

+9.1% from 2020

Annual return

7.63%

-1.01 pp from 2020

Benchmarks

See 2,182 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,182 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.89M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

109

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.

70.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+7.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$825

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
LINCOLN NATIONAL CORPORATION4 years Service code 35 · EIN 35-0472300 P.O. BOX 7877 · FORT WAYNE, IN 46802	Employee (plan sponsor)	$49,506
UBS FINANCIAL SERVICES INC5 years Filed as: UBS FINANCIAL SERVICES, INC. Service code 13 · EIN 13-2130755 75-280 HIGHWAY 111 STE 100 · INDIAN WELLS, CA 92210	Contract Administrator	$24,117
THE ROSE FINANCIAL GROUP LLC7+ years Service code 15 · EIN 33-5213075 6602 EAST 75TH STREET SUITE 200 · INDIANAPOLIS, IN 46250	Recordkeeping	$11,231

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$61K

$626 / participant

Other / not subdivided$61K100.0%

% of EOY assets

0.489%

all-in expense ratio

Categories reported

0 / 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: LONG & ASSOCIATES P.C.
Auditor EIN: 352009629
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,248

$70,587+42.0%

$124,694-19.6%

$85,851+16.8%

Participation rate

72.2%

64.4%+7.7pp

74.6%-2.5pp

69.3%+2.8pp

Annual return

7.63%

20688.83%-20681.2pp

5144.82%-5137.2pp

318.63%-311.0pp

Employer contribution / active EE

$2,697

$1,913+40.9%

$3,325-18.9%

$2,565+5.1%

Participant deferral / active EE

$5,236

$2,969+76.4%

$4,615+13.5%

$3,952+32.5%

Admin fee / account holder

$490

$5,282-90.7%

$7,495-93.5%

$6,261-92.2%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4 years

Service code 35 · EIN 35-0472300

P.O. BOX 7877 · FORT WAYNE, IN 46802

Employee (plan sponsor)

$49,506

UBS FINANCIAL SERVICES INC5 years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 13 · EIN 13-2130755

75-280 HIGHWAY 111 STE 100 · INDIAN WELLS, CA 92210

Contract Administrator

$24,117

THE ROSE FINANCIAL GROUP LLC7+ years

Service code 15 · EIN 33-5213075

6602 EAST 75TH STREET SUITE 200 · INDIANAPOLIS, IN 46250

Recordkeeping

$11,231

SUN AND SANDS ENTERPRISES PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUN AND SANDS ENTERPRISES PROFIT SHARING AND 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