Retirement plan

SRC AFFILIATED PROFIT SHARING 401(K) PLAN

Name: STAGERIGHT CORPORATION - SRC AFFILIATED PROFIT SHARING 401(K) PLAN (2020) Form 5500
Creator: STAGERIGHT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SRC AFFILIATED PROFIT SHARING 401(K) PLAN, STAGERIGHT CORPORATION

STAGERIGHT CORPORATIONEIN 38-2513133Plan #001PY 2020

495 PIONEER PARKWAY - CLARE, MI 48617989-386-6326stageright.comLinkedIn51-200 employeesperforming arts

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$24.5M

+5.5% from 2019

Total participants

263

-13.8% from 2019

Average account balance

$93,187

+16.7% from 2019

Annual return

15.78%

-4.40 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.57M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

291

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

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

+10.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 3 by compensation

Provider	Service type	Compensation
PLAN DESIGN CONSULTANTS, INC.6+ years Filed as: PLAN SPONSOR ADVISORS, LLC Service code 27 · EIN 20-1079566	Advisory (Plan)	$26,024
PRUDENTIAL RETIREMENT INSURANCE AND6+ years Service code 10 · EIN 06-1050034	Accounting	$25,545
MERCER1 year Filed as: MERCER INVESTMENTS LLC Service code 27 · EIN 13-2834414	Advisory (Plan)	$25,092

Plan features & details

Pension benefit codes2T2E2J2G2K2F3H

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$77K

$383 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.314%

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: WEINLANDER FITZHUGH
Auditor EIN: 382272300
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,187

$73,638+26.5%

$95,956-2.9%

$73,493+26.8%

Participation rate

100.0%

76.2%+23.8pp

77.1%+22.9pp

70.7%+29.3pp

Annual return

15.78%

16.78%-1.0pp

91.63%-75.8pp

28.51%-12.7pp

Employer contribution / active EE

$2,107

$1,863+13.1%

$2,541-17.1%

$2,270-7.2%

Participant deferral / active EE

$4,033

$3,617+11.5%

$4,167-3.2%

$3,740+7.8%

Admin fee / account holder

$293

$482-39.3%

$6,797-95.7%

$513-42.9%

Provider

Service type

Compensation

PLAN DESIGN CONSULTANTS, INC.6+ years

Filed as: PLAN SPONSOR ADVISORS, LLC

Service code 27 · EIN 20-1079566

Advisory (Plan)

$26,024

PRUDENTIAL RETIREMENT INSURANCE AND6+ years

Service code 10 · EIN 06-1050034

Accounting

$25,545

MERCER1 year

Filed as: MERCER INVESTMENTS LLC

Service code 27 · EIN 13-2834414

Advisory (Plan)

$25,092

SRC AFFILIATED PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SRC AFFILIATED PROFIT SHARING 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