Retirement plan

SAYLOR-BEALL UAW 401(K) PLAN

Name: SAYLOR-BEALL MANUFACTURING COMPANY - SAYLOR-BEALL UAW 401(K) PLAN (2019) Form 5500
Creator: SAYLOR-BEALL MANUFACTURING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAYLOR-BEALL UAW 401(K) PLAN, SAYLOR-BEALL MANUFACTURING COMPANY

SAYLOR-BEALL MANUFACTURING COMPANYEIN 38-1985207Plan #003PY 2019

400 NORTH KIBBEE STREET - ST. JOHNS, MI 488791602989-224-2371saylor-beall.comLinkedIn11-50 employeesmechanical or industrial engineering

Other plans on this EIN

2 filings

#001Retirement-$350K assets #002Retirement-$268K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$652K

-19.1% from 2018

Total participants

+13.6% from 2018

Average account balance

$27,152

-25.9% from 2018

Annual return

16.59%

+22.79 pp from 2018

Benchmarks

See 21,378 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,378 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$849K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

168.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

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

+9.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1895

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$337K

$15333 / participant

Other / not subdivided$337K100.0%

% of EOY assets

51.765%

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

$27,152

$103,393-73.7%

$87,103-68.8%

$152,909-82.2%

Participation rate

95.5%

79.4%+16.1pp

76.9%+18.6pp

82.5%+13.0pp

Annual return

16.59%

28.10%-11.5pp

28.19%-11.6pp

345.46%-328.9pp

Employer contribution / active EE

$649

$3,221-79.9%

$2,521-74.3%

$4,764-86.4%

Participant deferral / active EE

$1,609

$4,778-66.3%

$4,049-60.3%

$5,851-72.5%

Admin fee / account holder

$14,055

$12,195+15.3%

$7,491+87.6%

$11,601+21.2%

SAYLOR-BEALL UAW 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAYLOR-BEALL UAW 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