Retirement plan

SMALL NEWSPAPER GROUP RETIREMENT PLAN & TRUST

Name: SMALL NEWSPAPER GROUP, INC. - SMALL NEWSPAPER GROUP RETIREMENT PLAN & TRUST (2019) Form 5500
Creator: SMALL NEWSPAPER GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMALL NEWSPAPER GROUP RETIREMENT PLAN & TRUST, SMALL NEWSPAPER GROUP, INC.

SMALL NEWSPAPER GROUP, INC.EIN 36-3279874Plan #001PY 2019

8 DEARBORN SQUARE - KANKAKEE, IL 60901815-937-3311sngnews.comLinkedIn501-1000 employeesnewspapers

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$21.3M

-24.5% from 2018

Total participants

246

-25.5% from 2018

Average account balance

$93,857

-27.8% from 2018

Annual return

17.85%

+22.86 pp from 2018

Benchmarks

See 3,017 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,017 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.42M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

118

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$349

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4 years Service code 12 · EIN 13-3689044 6400 C STREET SW · CEDAR RAPIDS, IA 52499	Float revenue; Recordkeeping and info...	$69,112
RBC WEALTH MANAGEMENT4 years Service code 16	Consulting	$47,460
MERRILL LYNCH PIERCE FENNER & SMITH5+ years Service code 64 · EIN 13-5674085 4 WORLD FINANCIAL CTR, 250 VESEY ST · NEW YORK, NY 10281	Recordkeeping Fees	$750
MID ATLANTIC CAPITAL CORPORATION4 years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES4 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$70K

$971 / participant

Other / not subdivided$70K100.0%

% of EOY assets

0.328%

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: PORTE BROWN LLC
Auditor EIN: 362663358
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,857

$63,365+48.1%

$91,994+2.0%

$72,975+28.6%

Participation rate

73.6%

72.5%+1.1pp

78.6%-5.0pp

69.5%+4.1pp

Annual return

17.85%

35.35%-17.5pp

69.04%-51.2pp

81.01%-63.2pp

Employer contribution / active EE

$2,116-100.0%

$3,453-100.0%

$2,440-100.0%

Participant deferral / active EE

$4,162

$4,883-14.8%

$5,924-29.7%

$3,608+15.4%

Admin fee / account holder

$308

$4,670-93.4%

$7,744-96.0%

$5,124-94.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Service code 12 · EIN 13-3689044

6400 C STREET SW · CEDAR RAPIDS, IA 52499

Float revenue; Recordkeeping and info...

$69,112

RBC WEALTH MANAGEMENT4 years

Service code 16

Consulting

$47,460

MERRILL LYNCH PIERCE FENNER & SMITH5+ years

Service code 64 · EIN 13-5674085

4 WORLD FINANCIAL CTR, 250 VESEY ST · NEW YORK, NY 10281

Recordkeeping Fees

$750

MID ATLANTIC CAPITAL CORPORATION4 years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES4 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

SMALL NEWSPAPER GROUP RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMALL NEWSPAPER GROUP RETIREMENT PLAN & 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