Retirement plan

STEPPING STONES FOR LIVING 401K PROFIT SHARING PLAN

Name: STEPPING STONES FOR LIVING - STEPPING STONES FOR LIVING 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: STEPPING STONES FOR LIVING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPPING STONES FOR LIVING 401K PROFIT SHARING PLAN, STEPPING STONES FOR LIVING

STEPPING STONES FOR LIVINGEIN 33-1025619Plan #001PY 2018

5270 MILLER TRUNK HIGHWAY - DULUTH, MN 55811218-727-7450steppingstonesforliving.comLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.4M

-4.8% from 2017

Total participants

137

-5.5% from 2017

Average account balance

$53,376

-12.3% from 2017

Annual return

-6.84%

-26.00 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.26M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3427

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

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$150
GOLDLEAF PARTNERS3+ years Service code 99 · EIN 45-0514557	Other Fees	$130
PREFERRED PENSION PLANNING1 year Filed as: PREFERRED PRODUCT NETWORK, INC. Service code 99 · EIN 42-1255850	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J3D3H2K2T

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$280

$3 / participant

Contract admin$280100.0%

% of EOY assets

0.008%

all-in expense ratio

Categories reported

1 / 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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,376

$47,977+11.3%

$154,111-65.4%

$56,287-5.2%

Participation rate

30.8%

66.2%-35.3pp

83.0%-52.2pp

69.9%-39.0pp

Annual return

-6.84%

3.54%-10.4pp

735.18%-742.0pp

-9.96%+3.1pp

Employer contribution / active EE

$616

$2,169-71.6%

$5,298-88.4%

$2,111-70.8%

Participant deferral / active EE

$939

$2,392-60.7%

$5,081-81.5%

$3,350-72.0%

Admin fee / account holder

$438-99.0%

$13,411-100.0%

$521-99.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$150

GOLDLEAF PARTNERS3+ years

Service code 99 · EIN 45-0514557

Other Fees

$130

PREFERRED PENSION PLANNING1 year

Filed as: PREFERRED PRODUCT NETWORK, INC.

Service code 99 · EIN 42-1255850

Other Fees

STEPPING STONES FOR LIVING 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPPING STONES FOR LIVING 401K 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