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 (2017) 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 2017

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

Other plans on this EIN

1 filing

#002Retirement-$3.8M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$40.6M

+32.1% from 2016

Total participants

+10.3% from 2016

Average account balance

$548,539

+33.9% from 2016

Annual return

30.51%

+18.83 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

$635K

$10086 / participant

Other / not subdivided$635K100.0%

% of EOY assets

1.565%

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

$548,539

$78,707+596.9%

$117,861+365.4%

$70,126+682.2%

Participation rate

98.4%

73.2%+25.2pp

79.7%+18.7pp

69.5%+28.9pp

Annual return

30.51%

23.30%+7.2pp

335.11%-304.6pp

73.15%-42.6pp

Employer contribution / active EE

$14,612

$2,223+557.2%

$3,786+285.9%

$2,343+523.8%

Participant deferral / active EE

$3,297-100.0%

$4,482-100.0%

$3,332-100.0%

Admin fee / account holder

$8,587

$5,066+69.5%

$8,021+7.1%

$4,645+84.8%

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