Retirement plan

SODREL TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN

Name: SODREL TRUCK LINES, INC. - SODREL TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SODREL TRUCK LINES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SODREL TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN, SODREL TRUCK LINES, INC.

SODREL TRUCK LINES, INC.EIN 35-1098231Plan #002PY 2017

ONE SODREL DRIVE - JEFFERSONVILLE, IN 47129812-282-7941sodrellogistics.comLinkedIn501-1000 employeestransportation/trucking/railroad

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.7M

+11.9% from 2016

Total participants

766

+5.2% from 2016

Average account balance

$25,231

+26.4% from 2016

Annual return

12.73%

+6.02 pp from 2016

Benchmarks

See 639 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort639 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.97M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

371

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.

55.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$148

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 2 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC1 year Service code 55 · EIN 35-2552359	Other Commissions	$25,571
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$6,569

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$11 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.042%

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: MCM CPAS & ADVISORS, LLP
Auditor EIN: 271235638
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,231

$44,059-42.7%

$71,671-64.8%

$69,631-63.8%

Participation rate

75.6%

60.8%+14.8pp

68.7%+6.8pp

70.7%+4.9pp

Annual return

12.73%

21.97%-9.2pp

20.65%-7.9pp

27571.02%-27558.3pp

Employer contribution / active EE

$1,023

$1,305-21.6%

$2,460-58.4%

$2,032-49.7%

Participant deferral / active EE

$1,107

$2,370-53.3%

$3,438-67.8%

$3,224-65.7%

Admin fee / account holder

$11

$108-90.2%

$5,558-99.8%

$110-90.4%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC1 year

Service code 55 · EIN 35-2552359

Other Commissions

$25,571

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$6,569

SODREL TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SODREL TRUCK LINES, INC. 401(K) PROFIT SHARING 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