Retirement plan

STERLING SITE ACCESS SOLUTIONS, LLC 401(K) PLAN

Name: STERLING SITE ACCESS SOLUTIONS, LLC - STERLING SITE ACCESS SOLUTIONS, LLC 401(K) PLAN (2019) Form 5500
Creator: STERLING SITE ACCESS SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STERLING SITE ACCESS SOLUTIONS, LLC 401(K) PLAN, STERLING SITE ACCESS SOLUTIONS, LLC

STERLING SITE ACCESS SOLUTIONS, LLCEIN 36-3735813Plan #001PY 2019

501 E. 151ST STREET - PHOENIX, IL 60426708-388-2223sterlingcranemats.comLinkedIn201-500 employeesconstruction

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

+56.6% from 2018

Total participants

511

+40.8% from 2018

Average account balance

$22,367

-0.9% from 2018

Annual return

35.34%

+38.62 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.31M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

467

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.02M

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

+14.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$245

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$37,342
WOODBURY FINANCIAL SERVICES2 years Filed as: WOODBURY FINANCIAL SERVICES INC Service code 27 · EIN 41-0944586	Advisory (Plan)	$21,277

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$59K

$144 / participant

Other / not subdivided$59K100.0%

% of EOY assets

0.594%

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: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,367

$69,159-67.7%

$125,180-82.1%

$67,579-66.9%

Participation rate

82.8%

78.2%+4.6pp

79.8%+3.0pp

71.3%+11.5pp

Annual return

35.34%

27.12%+8.2pp

43.79%-8.5pp

378.56%-343.2pp

Employer contribution / active EE

$1,980

$2,023-2.1%

$3,866-48.8%

$2,148-7.8%

Participant deferral / active EE

$2,674

$3,700-27.7%

$4,937-45.8%

$3,539-24.5%

Admin fee / account holder

$133

$142-6.2%

$9,703-98.6%

$142-6.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$37,342

WOODBURY FINANCIAL SERVICES2 years

Filed as: WOODBURY FINANCIAL SERVICES INC

Service code 27 · EIN 41-0944586

Advisory (Plan)

$21,277

STERLING SITE ACCESS SOLUTIONS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STERLING SITE ACCESS SOLUTIONS, LLC 401(K) 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