Retirement plan

SUBURBAN NATURAL GAS COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Name: SUBURBAN NATURAL GAS COMPANY - SUBURBAN NATURAL GAS COMPANY 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: SUBURBAN NATURAL GAS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUBURBAN NATURAL GAS COMPANY 401(K) PROFIT SHARING PLAN & TRUST, SUBURBAN NATURAL GAS COMPANY

SUBURBAN NATURAL GAS COMPANYEIN 34-6522657Plan #002PY 2021

2626 LEWIS CENTER RD - LEWIS CENTER, OH 430356147740-548-2450sngco.comLinkedIn11-50 employeesutilities

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.4M

+17.9% from 2020

Total participants

+2.3% from 2020

Average account balance

$128,458

+17.9% from 2020

Annual return

13.14%

-1.86 pp from 2020

Benchmarks

See 564 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort564 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.06M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$364K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37432

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 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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$139K

$4086 / participant

Other / not subdivided$139K100.0%

% of EOY assets

2.575%

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

$128,458

$98,463+30.5%

$119,237+7.7%

$85,851+49.6%

Participation rate

94.1%

77.6%+16.5pp

82.7%+11.4pp

69.3%+24.8pp

Annual return

13.14%

38.53%-25.4pp

30.70%-17.6pp

318.63%-305.5pp

Employer contribution / active EE

$5,147

$3,698+39.2%

$4,383+17.4%

$2,565+100.6%

Participant deferral / active EE

$4,855

$4,942-1.8%

$6,112-20.6%

$3,952+22.8%

Admin fee / account holder

$3,308

$7,493-55.9%

$7,229-54.2%

$6,261-47.2%

SUBURBAN NATURAL GAS COMPANY 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUBURBAN NATURAL GAS COMPANY 401(K) PROFIT SHARING PLAN & TRUST

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