Retirement plan

SCOTT EQUIPMENT, INCORPORATED 401(K) PROFIT SHARING PLAN

Name: SCOTT EQUIPMENT INCORPORATED - SCOTT EQUIPMENT, INCORPORATED 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SCOTT EQUIPMENT INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT EQUIPMENT, INCORPORATED 401(K) PROFIT SHARING PLAN, SCOTT EQUIPMENT INCORPORATED

SCOTT EQUIPMENT INCORPORATEDEIN 33-0483223Plan #001PY 2016

14635 VALLEY BLVD - FONTANA, CA 92335909-822-2200scottequip.comLinkedIn1-10 employeesmachinery

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.3M

+16.7% from 2015

Total participants

+10.7% from 2015

Average account balance

$55,461

+25.2% from 2015

Annual return

12.19%

+13.21 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.16M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

92.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$526K

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

+13.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7504

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$183K

$3450 / participant

Other / not subdivided$183K100.0%

% of EOY assets

8.042%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,461

$77,638-28.6%

$156,551-64.6%

$62,881-11.8%

Participation rate

60.4%

71.2%-10.8pp

84.0%-23.6pp

69.3%-8.9pp

Annual return

12.19%

50.33%-38.1pp

32.23%-20.0pp

20.14%-8.0pp

Employer contribution / active EE

$1,344

$3,444-61.0%

$5,501-75.6%

$2,281-41.1%

Participant deferral / active EE

$3,140

$3,046+3.1%

$4,871-35.5%

$3,203-2.0%

Admin fee / account holder

$4,460

$5,561-19.8%

$13,028-65.8%

$4,296+3.8%

SCOTT EQUIPMENT, INCORPORATED 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCOTT EQUIPMENT, INCORPORATED 401(K) PROFIT SHARING 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