Retirement plan

DEER LAKE PARTNERS HOLDINGS 401(K) PROFIT SHARING PLAN

Name: SABRE PLUMBING HEATING & AIR CONDITIONING INC. - DEER LAKE PARTNERS HOLDINGS 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SABRE PLUMBING HEATING & AIR CONDITIONING INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEER LAKE PARTNERS HOLDINGS 401(K) PROFIT SHARING PLAN, SABRE PLUMBING HEATING & AIR CONDITIONING INC.

SABRE PLUMBING HEATING & AIR CONDITIONING INC.EIN 39-1881025Plan #001PY 2017

15535 MEDINA ROAD - PLYMOUTH, MN 55447763-473-2267sabreheating.comLinkedIn51-200 employeesindividual & family services

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+36.7% from 2016

Total participants

151

+14.4% from 2016

Average account balance

$39,081

+20.7% from 2016

Annual return

16.68%

+7.96 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.25M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

141

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.

42.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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 3 by compensation

Provider	Service type	Compensation
SCHENCK SC3+ years Filed as: SCHENCK INVESTMENT SOLUTIONS LLC Service code 26 · EIN 39-1965678	Advisory (Participants)	$9,180
MID ATLANTIC CAPITAL CORPORATION3+ years Filed as: MID ATLANTIC TRUST COMPANY Service code 19 · EIN 27-3169253	Securities Custodian	$2,024
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: SCHENCK RETIREMENT PLAN SOLUTIONS Service code 15 · EIN 39-1856790	Recordkeeping	$610

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$84 / participant

Investment mgmt$11K94.8%
Contract admin$6105.2%

% of EOY assets

0.393%

all-in expense ratio

Categories reported

2 / 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: BOYUM & BARENSCHEER, PLLP
Auditor EIN: 416192096
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,081

$58,726-33.5%

$92,240-57.6%

$62,293-37.3%

Participation rate

47.1%

68.3%-21.2pp

76.5%-29.3pp

69.5%-22.4pp

Annual return

16.68%

43.62%-26.9pp

176.29%-159.6pp

28.90%-12.2pp

Employer contribution / active EE

$1,327

$2,392-44.5%

$3,680-63.9%

$2,042-35.0%

Participant deferral / active EE

$2,244

$2,766-18.9%

$3,897-42.4%

$3,169-29.2%

Admin fee / account holder

$153

$556-72.4%

$5,194-97.0%

$479-68.0%

Provider

Service type

Compensation

SCHENCK SC3+ years

Filed as: SCHENCK INVESTMENT SOLUTIONS LLC

Service code 26 · EIN 39-1965678

Advisory (Participants)

$9,180

MID ATLANTIC CAPITAL CORPORATION3+ years

Filed as: MID ATLANTIC TRUST COMPANY

Service code 19 · EIN 27-3169253

Securities Custodian

$2,024

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: SCHENCK RETIREMENT PLAN SOLUTIONS

Service code 15 · EIN 39-1856790

Recordkeeping

$610

DEER LAKE PARTNERS HOLDINGS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEER LAKE PARTNERS HOLDINGS 401(K) 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