Retirement plan

SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN

Name: SECTEK, INC. - SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN (2015) Form 5500
Creator: SECTEK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN, SECTEK, INC.

SECTEK, INC.EIN 34-1726791Plan #004PY 2015

1930 ISAAC NEWTON SQUARE, SUITE 100 - RESTON, VA 20190571-234-4688sectek.comLinkedIn1001-5000 employeessecurity and investigations

Other plans on this EIN

2 filings

#002Retirement-$6.9M assets #003Retirement-$520K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.8M

No prior year

Total participants

741

No prior year

Average account balance

$3,928

No prior year

Annual return

0.81%

No prior year

Benchmarks

See 563 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort563 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$131K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-103.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081	Recordkeeping	$31,986
CHERRY BEKAERT LLP1+ years Filed as: CHERRY BEKAERT Service code 10 PO BOX 25549 · RICHMOND, VA 23260	Accounting	$8,000

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$40K

$102 / participant

Other / not subdivided$40K100.0%

% of EOY assets

1.446%

all-in expense ratio

Categories reported

0 / 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: BURDETTE SMITH & BISH LLC
Auditor EIN: 454037800
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,928

$27,330-85.6%

$67,704-94.2%

$55,191-92.9%

Participation rate

90.5%

47.5%+43.0pp

67.5%+23.0pp

69.2%+21.4pp

Annual return

0.81%

8.81%-8.0pp

25.41%-24.6pp

10.78%-10.0pp

Employer contribution / active EE

$3,465

$855+305.4%

$2,559+35.4%

$1,899+82.5%

Participant deferral / active EE

$20

$1,709-98.8%

$3,585-99.4%

$3,046-99.3%

Admin fee / account holder

$57

$109-48.0%

$4,255-98.7%

$91-37.4%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.1+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$31,986

CHERRY BEKAERT LLP1+ years

Filed as: CHERRY BEKAERT

Service code 10

PO BOX 25549 · RICHMOND, VA 23260

Accounting

$8,000

SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECTEK, INC. SCA EMPLOYEES 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