Retirement plan

THE SHAMROCK COMPANIES, INC. 401(K)RETIREMENT PLAN

Name: SHAMROCK COMPANIES, INC. - THE SHAMROCK COMPANIES, INC. 401(K)RETIREMENT PLAN (2019) Form 5500
Creator: SHAMROCK COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SHAMROCK COMPANIES, INC. 401(K)RETIREMENT PLAN, SHAMROCK COMPANIES, INC.

SHAMROCK COMPANIES, INC.EIN 34-1609149Plan #001PY 2019

24090 DETROIT ROAD - WESTLAKE, OH 441451513440-250-2165shamrockcompanies.comLinkedIn11-50 employeesreal estate

Other plans on this EIN

2 filings

#002Retirement--#003Retirement--

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.1M

+18.4% from 2018

Total participants

107

-7.0% from 2018

Average account balance

$171,747

+25.6% from 2018

Annual return

23.14%

+27.03 pp from 2018

Benchmarks

See 5,807 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,807 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.01M

Not enough data

1 years with asset history on file

Average account balance

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

$356K

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.

80.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$650K

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32344

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 2 by compensation

Provider	Service type	Compensation
ANCORA ADVISORS2 years Filed as: ANCORA GROUP, INC. Service code 27 · EIN 27-1506603	Advisory (Plan)	$49,255
FLEXIBLE BENEFITS SYSTEMS, INC.2 years Filed as: FLEXIBLE BENEFIT SYSTEMS, INC. Service code 15 · EIN 34-1722481	Recordkeeping	$8,721

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

1 tripped

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

$58K

$630 / participant

Investment mgmt$49K85.0%
Contract admin$9K15.0%

% of EOY assets

0.412%

all-in expense ratio

Categories reported

2 / 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: APPLE GROWTH PARTNERS -SEE FOOTNOTE
Auditor EIN: 341082617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,747

$76,371+124.9%

$93,621+83.4%

$72,975+135.3%

Participation rate

72.8%

71.8%+1.1pp

75.8%-3.0pp

69.5%+3.3pp

Annual return

23.14%

25.82%-2.7pp

32.76%-9.6pp

81.01%-57.9pp

Employer contribution / active EE

$2,276-100.0%

$2,719-100.0%

$2,440-100.0%

Participant deferral / active EE

$5,826

$3,538+64.7%

$4,070+43.2%

$3,608+61.5%

Admin fee / account holder

$707

$6,839-89.7%

$7,890-91.0%

$5,124-86.2%

Provider

Service type

Compensation

ANCORA ADVISORS2 years

Filed as: ANCORA GROUP, INC.

Service code 27 · EIN 27-1506603

Advisory (Plan)

$49,255

FLEXIBLE BENEFITS SYSTEMS, INC.2 years

Filed as: FLEXIBLE BENEFIT SYSTEMS, INC.

Service code 15 · EIN 34-1722481

Recordkeeping

$8,721

THE SHAMROCK COMPANIES, INC. 401(K)RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SHAMROCK COMPANIES, INC. 401(K)RETIREMENT 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