Retirement plan

SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN

Name: SETHNESS PRODUCTS COMPANY - SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN (2017) Form 5500
Creator: SETHNESS PRODUCTS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN, SETHNESS PRODUCTS COMPANY

SETHNESS PRODUCTS COMPANYEIN 36-1757540Plan #001PY 2017

3422 WEST TOUHY - SKOKIE, IL 60076847-329-2080sethness.comLinkedIn51-200 employeesfood & beverages

Other plans on this EIN

1 filing

#002Retirement-$9.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.9M

+23.6% from 2016

Total participants

101

-1.0% from 2016

Average account balance

$134,263

+24.9% from 2016

Annual return

17.84%

+12.87 pp from 2016

Benchmarks

See 2,342 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,342 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.88M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

105.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$516K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15798

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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

$122K

$1247 / participant

Other / not subdivided$122K100.0%

% of EOY assets

0.948%

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

$134,263

$56,544+137.4%

$75,501+77.8%

$70,126+91.5%

Participation rate

94.9%

68.1%+26.8pp

72.4%+22.5pp

69.5%+25.4pp

Annual return

17.84%

23.59%-5.7pp

27.35%-9.5pp

73.15%-55.3pp

Employer contribution / active EE

$3,878

$1,817+113.5%

$2,352+64.9%

$2,343+65.5%

Participant deferral / active EE

$3,513

$2,580+36.2%

$3,142+11.8%

$3,332+5.5%

Admin fee / account holder

$1,273

$3,827-66.7%

$5,801-78.1%

$4,645-72.6%

SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) 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