Retirement plan

S&S CYCLE, INC. PROFIT SHARING PLAN

Name: S&S CYCLE, INC. - S&S CYCLE, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: S&S CYCLE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S&S CYCLE, INC. PROFIT SHARING PLAN, S&S CYCLE, INC.

S&S CYCLE, INC.EIN 39-1179826Plan #002PY 2020

14025 COUNTY HIGHWAY G, P.O. BOX 215 - VIOLA, WI 54664608-627-0717sscycle.comLinkedIn201-500 employeesautomotive

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$16.2M

+5.4% from 2019

Total participants

305

-3.2% from 2019

Average account balance

$55,073

+9.7% from 2019

Annual return

7.32%

+3.88 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

$20.97M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

249

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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 2 by compensation

Provider	Service type	Compensation
SPECTRUM INVESTMENT ADVISORS5+ years Service code 50 · EIN 39-1828175	Direct Payment	$34,558
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393	Recordkeeping	$31,005

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$65K

$293 / participant

Other / not subdivided$65K100.0%

% of EOY assets

0.400%

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: SVA CERTIFIED PUBLIC ACCOUNTANTS SC
Auditor EIN: 391203191
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,073

$73,638-25.2%

$95,964-42.6%

$73,497-25.1%

Participation rate

95.5%

76.2%+19.3pp

77.1%+18.4pp

70.7%+24.8pp

Annual return

7.32%

16.78%-9.5pp

91.64%-84.3pp

28.51%-21.2pp

Employer contribution / active EE

$980

$1,863-47.4%

$2,541-61.5%

$2,270-56.8%

Participant deferral / active EE

$3,543

$3,617-2.0%

$4,167-15.0%

$3,740-5.3%

Admin fee / account holder

$220

$482-54.3%

$6,797-96.8%

$513-57.0%

Provider

Service type

Compensation

SPECTRUM INVESTMENT ADVISORS5+ years

Service code 50 · EIN 39-1828175

Direct Payment

$34,558

WELLS FARGO BANK, N.A.5+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$31,005

S&S CYCLE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S&S CYCLE, INC. PROFIT SHARING 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