Retirement plan

S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP PLAN

Name: S TEC GROUP INC - S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: S TEC GROUP INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP PLAN, S TEC GROUP INC

S TEC GROUP INCEIN 35-1071237Plan #002PY 2016

2345 167TH ST - HAMMOND, IN 463231418219-844-7030

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$22.7M

+14.5% from 2015

Total participants

220

-1.8% from 2015

Average account balance

$111,159

+16.8% from 2015

Annual return

11.76%

+12.29 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.11M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

233

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.

20.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$485

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$50,587
HARVILL PENSION CONSULTANTS1 year Service code 27 · EIN 35-1071237	Advisory (Plan)	$24,407
CROWE LLP2+ years Filed as: CROWE HORWATH Service code 10 · EIN 35-0921680	Accounting	$8,872
COMSTOCK ADVISORS2+ years Service code 34 · EIN 34-1823071	Valuation (appraisals, etc.); Direct ...	$5,942

Plan features & details

Pension benefit codes2E2F2G2I2J2O2Q2S2T3H3I

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.
2I
Stock bonus
Stock bonus plan.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$93K

$753 / participant

Investment mgmt$35K37.5%
Contract admin$46K49.1%
Other / not subdivided$12K13.4%

% 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: CROWE HORWATH LLC
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,159

$75,183+47.9%

$123,894-10.3%

$55,167+101.5%

Participation rate

87.1%

72.8%+14.3pp

81.4%+5.7pp

69.0%+18.1pp

Annual return

11.76%

19.01%-7.3pp

47.52%-35.8pp

169.23%-157.5pp

Employer contribution / active EE

$4,205

$2,823+48.9%

$4,617-8.9%

$1,963+114.3%

Participant deferral / active EE

$6,941

$5,084+36.5%

$5,984+16.0%

$3,054+127.3%

Admin fee / account holder

$458

$663-30.9%

$8,357-94.5%

$504-9.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$50,587

HARVILL PENSION CONSULTANTS1 year

Service code 27 · EIN 35-1071237

Advisory (Plan)

$24,407

CROWE LLP2+ years

Filed as: CROWE HORWATH

Service code 10 · EIN 35-0921680

Accounting

$8,872

COMSTOCK ADVISORS2+ years

Service code 34 · EIN 34-1823071

Valuation (appraisals, etc.); Direct ...

$5,942

S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP 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