Retirement plan

SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN

Name: SETHNESS PRODUCTS COMPANY - SETHNESS PRODUCTS COMPANY PROFIT SHARING AND 401K) PLAN (2019) 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 2019

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

Other plans on this EIN

1 filing

#002Retirement-$10.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.5M

+19.9% from 2018

Total participants

110

+13.4% from 2018

Average account balance

$149,092

+17.4% from 2018

Annual return

20.30%

+18.16 pp from 2018

Benchmarks

See 966 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2019

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

$731K

$6962 / participant

Other / not subdivided$731K100.0%

% of EOY assets

5.055%

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

$149,092

$50,666+194.3%

$76,657+94.5%

$65,185+128.7%

Participation rate

87.6%

68.8%+18.8pp

72.1%+15.5pp

70.2%+17.4pp

Annual return

20.30%

28.51%-8.2pp

1166.74%-1146.4pp

29.38%-9.1pp

Employer contribution / active EE

$3,436

$1,575+118.2%

$2,303+49.2%

$2,177+57.9%

Participant deferral / active EE

$3,016

$2,647+13.9%

$3,335-9.6%

$3,514-14.2%

Admin fee / account holder

$7,536

$463+1527.9%

$6,423+17.3%

$847+789.6%

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