Retirement plan

BENJ. E. SHERMAN & SONS 401(K) PLAN AND TRUST

Name: BENJ. E. SHERMAN & SONS - BENJ. E. SHERMAN & SONS 401(K) PLAN AND TRUST (2016) Form 5500
Creator: BENJ. E. SHERMAN & SONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENJ. E. SHERMAN & SONS 401(K) PLAN AND TRUST, BENJ. E. SHERMAN & SONS

BENJ. E. SHERMAN & SONSEIN 36-1167560Plan #001PY 2016

500 LAKE COOK ROAD, SUITE 280 - DEERFIELD, IL 60015847-374-2700LinkedIn51-200 employeesreal estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+7.7% from 2015

Total participants

-37.8% from 2015

Average account balance

$26,453

+96.6% from 2015

Annual return

9.58%

+14.91 pp from 2015

Benchmarks

See 3,383 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,383 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.11M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

38.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$177K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3323

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 4 by compensation

Provider	Service type	Compensation
EMBREE FINANCIAL GROUP2+ years Service code 28 440 N. WELLS, SUITE 530 · CHICAGO, IL 60654	Investment Management	$9,578
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: ALLIANCE PENSION CONSULTANTS Service code 16 · EIN 36-4389114	Consulting	$3,915
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP Service code 15 1350 TREAT BOULEVARD · WALNUT CREEK, CA 94597	Recordkeeping	$3,444
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY Service code 19 82 DEVONSHIRE STREET · BOSTON, MA 02109	Securities Custodian	$878

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$18K

$262 / participant

Investment mgmt$10K53.8%
Contract admin$8K46.2%

% of EOY assets

1.683%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER, COOPER & CO., LTD.
Auditor EIN: 362897372
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,453

$56,054-52.8%

$171,082-84.5%

$62,881-57.9%

Participation rate

42.6%

62.9%-20.2pp

76.7%-34.0pp

69.3%-26.7pp

Annual return

9.58%

22.52%-12.9pp

32.56%-23.0pp

20.14%-10.6pp

Employer contribution / active EE

$1,731-100.0%

$4,002-100.0%

$2,281-100.0%

Participant deferral / active EE

$1,737

$3,158-45.0%

$4,797-63.8%

$3,203-45.8%

Admin fee / account holder

$445

$3,647-87.8%

$8,520-94.8%

$4,296-89.6%

Provider

Service type

Compensation

EMBREE FINANCIAL GROUP2+ years

Service code 28

440 N. WELLS, SUITE 530 · CHICAGO, IL 60654

Investment Management

$9,578

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: ALLIANCE PENSION CONSULTANTS

Service code 16 · EIN 36-4389114

Consulting

$3,915

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP

Service code 15

1350 TREAT BOULEVARD · WALNUT CREEK, CA 94597

Recordkeeping

$3,444

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY

Service code 19

82 DEVONSHIRE STREET · BOSTON, MA 02109

Securities Custodian

$878

BENJ. E. SHERMAN & SONS 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENJ. E. SHERMAN & SONS 401(K) PLAN AND 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