Retirement plan

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST

Name: STRAND ASSOCIATES, INC. - STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST (2021) Form 5500
Creator: STRAND ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST, STRAND ASSOCIATES, INC.

STRAND ASSOCIATES, INC.EIN 39-1020418Plan #002PY 2021

910 WEST WINGRA DRIVE - MADISON, WI 537151943608-251-4843strandassociatesinc.comLinkedIn201-500 employeescivil engineering

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$163.3M

+18.9% from 2020

Total participants

463

+3.6% from 2020

Average account balance

$352,598

+14.8% from 2020

Annual return

15.45%

-2.78 pp from 2020

Benchmarks

See 2,991 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,991 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$190.36M

Not enough data

1 years with asset history on file

Average account balance

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

$342K

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.

557

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.

99.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+10.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2031

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
RIDGEWORTH2 years Filed as: GENEVA CAPITAL MANAGEMENT Service code 28 · EIN 39-1567956	Investment Management	$327,041
KOVITZ INVESTMENT GROUP3 years Filed as: KOVITZ INVESTMENT GROUP PARTNERS Service code 28 115 SOUTH LASALLE STREET 27TH FLOOR · CHICAGO, IL 60603	Investment Management	$170,132
BMO HARRIS BANK NA7+ years Filed as: BMO HARRIS Service code 19 · EIN 36-2085229	Securities Custodian	$150,405
MADISON INVESTMENT ADVISORS7+ years Service code 28 · EIN 39-1194160	Investment Management	$127,644
WEALTH MANAGEMENT SYSTEMS INC2 years Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE Service code 28 1221 JOHN Q. HAMMONS DRIVE · MADISON, WI 53717	Investment Management	$112,307
UBS FINANCIAL SERVICES INC7+ years Filed as: UBS FINANCIAL SERVICES Service code 19 8020 EXCELSIOR DRIVE, SUITE 400 · MADISON, WI 537171998	Securities Custodian	$33,970
BAKER TILLY US, LLP2 years Service code 10 · EIN 39-0859910	Accounting	$26,551
ISTHMUS PARTNERS, LLC2 years Service code 27 ONE PINCKNEY STREET, SUITE 818 · MADISON, WI 53703	Advisory (Plan)	$23,928

Plan features & details

Pension benefit codes2A2E

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$977K

$2479 / participant

Investment mgmt$945K96.8%
Other / not subdivided$31K3.2%

% of EOY assets

0.598%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$352,598

$104,336+237.9%

$159,487+121.1%

$86,821+306.1%

Participation rate

100.0%

77.7%+22.3pp

82.8%+17.2pp

72.3%+27.7pp

Annual return

15.45%

26.32%-10.9pp

263.71%-248.3pp

97.94%-82.5pp

Employer contribution / active EE

$20,228

$3,451+486.1%

$4,831+318.7%

$2,406+740.7%

Participant deferral / active EE

$6,837-100.0%

$7,354-100.0%

$4,132-100.0%

Admin fee / account holder

$2,109

$172+1124.7%

$10,804-80.5%

$170+1143.7%

Provider

Service type

Compensation

RIDGEWORTH2 years

Filed as: GENEVA CAPITAL MANAGEMENT

Service code 28 · EIN 39-1567956

Investment Management

$327,041

KOVITZ INVESTMENT GROUP3 years

Filed as: KOVITZ INVESTMENT GROUP PARTNERS

Service code 28

115 SOUTH LASALLE STREET 27TH FLOOR · CHICAGO, IL 60603

Investment Management

$170,132

BMO HARRIS BANK NA7+ years

Filed as: BMO HARRIS

Service code 19 · EIN 36-2085229

Securities Custodian

$150,405

MADISON INVESTMENT ADVISORS7+ years

Service code 28 · EIN 39-1194160

Investment Management

$127,644

WEALTH MANAGEMENT SYSTEMS INC2 years

Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE

Service code 28

1221 JOHN Q. HAMMONS DRIVE · MADISON, WI 53717

Investment Management

$112,307

UBS FINANCIAL SERVICES INC7+ years

Filed as: UBS FINANCIAL SERVICES

Service code 19

8020 EXCELSIOR DRIVE, SUITE 400 · MADISON, WI 537171998

Securities Custodian

$33,970

BAKER TILLY US, LLP2 years

Service code 10 · EIN 39-0859910

Accounting

$26,551

ISTHMUS PARTNERS, LLC2 years

Service code 27

ONE PINCKNEY STREET, SUITE 818 · MADISON, WI 53703

Advisory (Plan)

$23,928

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING 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