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 (2016) 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 2016

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

Other plans on this EIN

1 filing

#001Retirement-$4.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+25.4% from 2015

Total participants

0.0% from 2015

Average account balance

$94,694

+16.9% from 2015

Annual return

9.33%

+12.91 pp from 2015

Benchmarks

See 2,077 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,077 peers

Snapshot2016

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

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

$75K

$1874 / participant

Other / not subdivided$75K100.0%

% of EOY assets

1.799%

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

$94,694

$49,025+93.2%

$87,502+8.2%

$62,881+50.6%

Participation rate

100.0%

64.9%+35.1pp

73.8%+26.2pp

69.3%+30.7pp

Annual return

9.33%

10.02%-0.7pp

12.21%-2.9pp

20.14%-10.8pp

Employer contribution / active EE

$11,063

$1,372+706.4%

$2,550+333.9%

$2,281+385.0%

Participant deferral / active EE

$4,153

$2,289+81.4%

$3,149+31.9%

$3,203+29.7%

Admin fee / account holder

$1,703

$4,065-58.1%

$4,221-59.6%

$4,296-60.4%

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