Retirement plan

SET ENVIRONMENTAL, INC. 401(K) SAVINGS PLAN

Name: SET ENVIRONMENTAL, INC. - SET ENVIRONMENTAL, INC. 401(K) SAVINGS PLAN (2022) Form 5500
Creator: SET ENVIRONMENTAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SET ENVIRONMENTAL, INC. 401(K) SAVINGS PLAN, SET ENVIRONMENTAL, INC.

SET ENVIRONMENTAL, INC.EIN 36-3018246Plan #001PY 2022

450 SUMAC ROAD - WHEELING, IL 60090847-537-9221setenv.comLinkedIn201-500 employeesenvironmental services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$30.3M

-16.2% from 2021

Total participants

647

+13.1% from 2021

Average account balance

$51,164

-27.2% from 2021

Annual return

-15.82%

-28.92 pp from 2021

Benchmarks

See 780 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort780 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.04M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

698

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.

91.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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 4 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS3 years Filed as: SENTINEL BENEFITS GROUP, INC. Service code 15 · EIN 04-3015875	Recordkeeping	$74,872
SENTINEL PENSION ADVISORS3 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$55,424
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY INVESTMENTS Service code 19 · EIN 13-3180817	Securities Custodian	$10,404
C & S SERVICES, INC.2 years Filed as: T & C SERVICES Service code 49 · EIN 47-1189249	Other Services	$8,735

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$149K

$281 / participant

Investment mgmt$55K37.1%
Other / not subdivided$94K62.9%

% of EOY assets

0.493%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,164

$34,634+47.7%

$77,081-33.6%

$64,814-21.1%

Participation rate

89.7%

49.8%+39.8pp

67.9%+21.7pp

71.5%+18.2pp

Annual return

-15.82%

-5.31%-10.5pp

42.33%-58.1pp

32.84%-48.7pp

Employer contribution / active EE

$1,385-100.0%

$2,813-100.0%

$2,507-100.0%

Participant deferral / active EE

$5,331

$2,553+108.8%

$4,428+20.4%

$4,310+23.7%

Admin fee / account holder

$252

$178+41.6%

$5,427-95.3%

$188+34.4%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS3 years

Filed as: SENTINEL BENEFITS GROUP, INC.

Service code 15 · EIN 04-3015875

Recordkeeping

$74,872

SENTINEL PENSION ADVISORS3 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$55,424

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY INVESTMENTS

Service code 19 · EIN 13-3180817

Securities Custodian

$10,404

C & S SERVICES, INC.2 years

Filed as: T & C SERVICES

Service code 49 · EIN 47-1189249

Other Services

$8,735

SET ENVIRONMENTAL, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SET ENVIRONMENTAL, INC. 401(K) SAVINGS 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