Retirement plan

SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION EMPLOYEES SAVINGS TRUST

Name: SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION - SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION EMPLOYEES SAVINGS TRUST (2023) Form 5500
Creator: SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION EMPLOYEES SAVINGS TRUST, SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION

SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATIONEIN 37-0888359Plan #006PY 2023

1 AMERICAN BOTTOMS ROAD - SAUGET, IL 62201618-337-1710LinkedIn1-10 employeesutilities

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$18.4M

+13.3% from 2022

Total participants

+10.8% from 2022

Average account balance

$200,013

+2.2% from 2022

Annual return

14.97%

+28.86 pp from 2022

Benchmarks

See 638 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort638 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.75M

Not enough data

1 years with asset history on file

Average account balance

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

$253K

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.

152.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$758K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13982

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 codes2E2F2G2J2T3D

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.

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

$1.0M

$17787 / participant

Other / not subdivided$1M100.0%

% of EOY assets

5.703%

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

$200,013

$103,966+92.4%

$112,899+77.2%

$75,173+166.1%

Participation rate

100.0%

75.7%+24.3pp

80.5%+19.5pp

67.2%+32.8pp

Annual return

14.97%

24.54%-9.6pp

34.11%-19.1pp

160.72%-145.7pp

Employer contribution / active EE

$7,658

$3,870+97.9%

$4,566+67.7%

$2,671+186.7%

Participant deferral / active EE

$5,251

$5,456-3.8%

$6,516-19.4%

$4,126+27.3%

Admin fee / account holder

$11,407

$7,663+48.9%

$7,047+61.9%

$5,651+101.9%

SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAUGET SANITARY DEVELOPMENT AND RESEARCH ASSOCIATION EMPLOYEES SAVINGS 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