Retirement plan

SMART SOLUTIONS, INC. EMPLOYEES 401(K) PLAN

Name: SMART SOLUTIONS, INC. - SMART SOLUTIONS, INC. EMPLOYEES 401(K) PLAN (2016) Form 5500
Creator: SMART SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMART SOLUTIONS, INC. EMPLOYEES 401(K) PLAN, SMART SOLUTIONS, INC.

SMART SOLUTIONS, INC.EIN 39-1848243Plan #020PY 2016

200 RIVER PLACE, SUITE 230 - MADISON, WI 53716608-204-9299smart-solutions.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$3.7M

+30.5% from 2015

Total participants

154

+24.2% from 2015

Average account balance

$51,418

+6.6% from 2015

Annual return

13.02%

+5.90 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.72M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

223.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$234K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59584

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 1 by compensation

Provider	Service type	Compensation
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE BANK OF CROSS PLAINS Service code 21 455 S JUNCTION ROAD STE 100 · MADISON, WI 53719	Bank Trustee	$15,786

Plan features & details

Pension benefit codes2E2F2G2J2T3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$115 / participant

Investment mgmt$16K100.0%

% of EOY assets

0.432%

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: WIPFLILLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,418

$60,165-14.5%

$74,184-30.7%

$55,167-6.8%

Participation rate

39.4%

74.2%-34.7pp

76.6%-37.2pp

69.0%-29.6pp

Annual return

13.02%

10.00%+3.0pp

17.74%-4.7pp

169.23%-156.2pp

Employer contribution / active EE

$17

$1,600-98.9%

$2,370-99.3%

$1,963-99.1%

Participant deferral / active EE

$4,554

$2,973+53.2%

$3,550+28.3%

$3,054+49.1%

Admin fee / account holder

$222

$419-47.0%

$5,586-96.0%

$504-55.9%

Provider

Service type

Compensation

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE BANK OF CROSS PLAINS

Service code 21

455 S JUNCTION ROAD STE 100 · MADISON, WI 53719

Bank Trustee

$15,786

SMART SOLUTIONS, INC. EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMART SOLUTIONS, INC. EMPLOYEES 401(K) 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