Retirement plan

SIERRA PACIFIC ENGINEERING & PRODUCTS EMPLOYEE STOCK OWNERSHIP PLAN

Name: S.P.E.P. ACQUISITION CORP. - SIERRA PACIFIC ENGINEERING & PRODUCTS EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: S.P.E.P. ACQUISITION CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA PACIFIC ENGINEERING & PRODUCTS EMPLOYEE STOCK OWNERSHIP PLAN, S.P.E.P. ACQUISITION CORP.

S.P.E.P. ACQUISITION CORP.EIN 33-0596868Plan #003PY 2016

4041 VIA ORO AVE - LONG BEACH, CA 908101458310-608-0693LinkedIn51-200 employeescomputer software

Other plans on this EIN

1 filing

#002Retirement-$3.2M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$30.7M

+12.7% from 2015

Total participants

-5.6% from 2015

Average account balance

$409,780

+2.2% from 2015

Annual return

11.69%

-6.98 pp from 2015

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$116.61M

Not enough data

1 years with asset history on file

Average account balance

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

$1.1M

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.

106

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.

77.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48124

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$581K

$9685 / participant

Other / not subdivided$581K100.0%

% of EOY assets

1.891%

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

$409,780

$69,977+485.6%

$108,582+277.4%

$62,881+551.7%

Participation rate

100.0%

72.9%+27.1pp

79.6%+20.4pp

69.3%+30.7pp

Annual return

11.69%

10.73%+1.0pp

-51.70%+63.4pp

20.14%-8.5pp

Employer contribution / active EE

$9,860

$2,135+361.9%

$3,758+162.4%

$2,281+332.3%

Participant deferral / active EE

$3,165-100.0%

$4,311-100.0%

$3,203-100.0%

Admin fee / account holder

$7,748

$5,076+52.6%

$7,645+1.3%

$4,296+80.4%

SIERRA PACIFIC ENGINEERING & PRODUCTS EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA PACIFIC ENGINEERING & PRODUCTS EMPLOYEE STOCK OWNERSHIP 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