Retirement plan

STEINER TRACTOR PARTS INC 401 K PROFIT SHARING PLAN TRUST

Name: STEINER TRACTOR PARTS, INC. - STEINER TRACTOR PARTS INC 401 K PROFIT SHARING PLAN TRUST (2015) Form 5500
Creator: STEINER TRACTOR PARTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEINER TRACTOR PARTS INC 401 K PROFIT SHARING PLAN TRUST, STEINER TRACTOR PARTS, INC.

STEINER TRACTOR PARTS, INC.EIN 38-3057969Plan #002PY 2015

1660 S. M-13 - LENNON, MI 48449810-621-3000steinertractor.comLinkedIn51-200 employeesretail

Other plans on this EIN

1 filing

#001Retirement-$4.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.3M

No prior year

Total participants

No prior year

Average account balance

$81,039

No prior year

Annual return

-3.58%

No prior year

Benchmarks

See 1,848 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort1,848 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.71M

Not enough data

1 years with asset history on file

Average account balance

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

$187K

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.

128.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$994K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10020

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

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

$187K

$4678 / participant

Other / not subdivided$187K100.0%

% of EOY assets

5.631%

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

$81,039

$45,438+78.4%

$80,004+1.3%

$59,633+35.9%

Participation rate

100.0%

63.7%+36.3pp

73.0%+27.0pp

68.7%+31.3pp

Annual return

-3.58%

5.10%-8.7pp

7.63%-11.2pp

2041.45%-2045.0pp

Employer contribution / active EE

$9,376

$1,236+658.7%

$2,473+279.2%

$2,203+325.7%

Participant deferral / active EE

$3,848

$2,231+72.5%

$3,204+20.1%

$3,192+20.6%

Admin fee / account holder

$4,564

$3,464+31.7%

$5,033-9.3%

$4,297+6.2%

STEINER TRACTOR PARTS INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEINER TRACTOR PARTS INC 401 K PROFIT SHARING 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