Retirement plan

SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN

Name: SECTEK, INC. - SECTEK, INC. SCA EMPLOYEES RETIREMENT PLAN (2017) 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 2017

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

Other plans on this EIN

2 filings

#002Retirement-$4.9M assets #003Retirement-$618K assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$2.1M

-11.4% from 2016

Total participants

475

-19.6% from 2016

Average account balance

$4,850

+7.7% from 2016

Annual return

9.50%

+6.07 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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.3+ years Service code 15 · EIN 45-6062081	Recordkeeping	$24,747
BURDETTE SMITH & BISH LLC1 year Service code 10 · EIN 45-4037800	Accounting	$18,000

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 returns
Annual investment return 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

$43K

$281 / participant

Other / not subdivided$43K100.0%

% of EOY assets

2.003%

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: SAGGAR & ROSENBURG P.C.
Auditor EIN: 522190100
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,850

$36,767-86.8%

$81,473-94.0%

$62,293-92.2%

Participation rate

77.0%

54.4%+22.5pp

68.0%+9.0pp

69.5%+7.5pp

Annual return

9.50%

173.80%-164.3pp

38.78%-29.3pp

28.90%-19.4pp

Employer contribution / active EE

$3,758

$1,128+233.1%

$2,568+46.4%

$2,042+84.0%

Participant deferral / active EE

$2,111-100.0%

$3,537-100.0%

$3,169-100.0%

Admin fee / account holder

$97

$797-87.8%

$4,561-97.9%

$479-79.7%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.3+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$24,747

BURDETTE SMITH & BISH LLC1 year

Service code 10 · EIN 45-4037800

Accounting

$18,000

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