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 (2019) 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 2019

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$16.4M

+14.4% from 2018

Total participants

711

-4.4% from 2018

Average account balance

$30,292

+22.0% from 2018

Annual return

18.81%

+24.17 pp from 2018

Benchmarks

See 708 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort708 peers

Snapshot2019

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 LLC3 years Service code 55 · EIN 35-2552359	Other Commissions	$33,314
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$6,238

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$13 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.038%

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

$30,292

$46,423-34.7%

$75,900-60.1%

$67,582-55.2%

Participation rate

64.7%

63.1%+1.7pp

69.3%-4.6pp

71.3%-6.6pp

Annual return

18.81%

32.29%-13.5pp

30.73%-11.9pp

378.57%-359.8pp

Employer contribution / active EE

$1,203

$1,406-14.5%

$2,501-51.9%

$2,148-44.0%

Participant deferral / active EE

$1,411

$2,564-45.0%

$3,604-60.8%

$3,539-60.1%

Admin fee / account holder

$12

$132-91.3%

$5,421-99.8%

$142-91.9%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC3 years

Service code 55 · EIN 35-2552359

Other Commissions

$33,314

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$6,238

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