Retirement plan

ST. JOSEPH EQUIPMENT, INC. 401(K) SAVINGS PLAN

Name: ST. JOSEPH EQUIPMENT, INC. - ST. JOSEPH EQUIPMENT, INC. 401(K) SAVINGS PLAN (2020) Form 5500
Creator: ST. JOSEPH EQUIPMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOSEPH EQUIPMENT, INC. 401(K) SAVINGS PLAN, ST. JOSEPH EQUIPMENT, INC.

ST. JOSEPH EQUIPMENT, INC.EIN 39-1133205Plan #001PY 2020

N1751 COUNTY HIGHWAY M - LA CROSSE, WI 54601608-788-1775LinkedIn51-200 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.4M

-1.0% from 2019

Total participants

106

-9.4% from 2019

Average account balance

$85,460

+8.1% from 2019

Annual return

11.49%

-9.27 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.14M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

273.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$668K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32073

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

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE6+ years Filed as: NATIONWIDE LIFE INSURANCE CO Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,631
MAP RETIREMENT, INC.2 years Filed as: MAP RETIREMENT, INC Service code 99 · EIN 39-1884254 W6180 AEROTECH DRIVE · APPLETON, WI 54914	Other Fees	$8,140

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$23K

$323 / participant

Contract admin$23K100.0%

% of EOY assets

0.274%

all-in expense ratio

Categories reported

1 / 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: HAWKINS ASH CPAS, LLP
Auditor EIN: 390912608
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,460

$78,423+9.0%

$95,964-10.9%

$79,856+7.0%

Participation rate

88.7%

73.5%+15.2pp

77.1%+11.6pp

69.6%+19.1pp

Annual return

11.49%

19.37%-7.9pp

91.64%-80.2pp

31.71%-20.2pp

Employer contribution / active EE

$2,040

$1,945+4.9%

$2,541-19.7%

$2,471-17.4%

Participant deferral / active EE

$4,813

$3,440+39.9%

$4,167+15.5%

$3,741+28.7%

Admin fee / account holder

$234

$5,622-95.8%

$6,797-96.6%

$5,306-95.6%

Provider

Service type

Compensation

NATIONWIDE6+ years

Filed as: NATIONWIDE LIFE INSURANCE CO

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,631

MAP RETIREMENT, INC.2 years

Filed as: MAP RETIREMENT, INC

Service code 99 · EIN 39-1884254

W6180 AEROTECH DRIVE · APPLETON, WI 54914

Other Fees

$8,140

ST. JOSEPH EQUIPMENT, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. JOSEPH EQUIPMENT, INC. 401(K) SAVINGS 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