Retirement plan

SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN

Name: SMITHBUCKLIN CORPORATION - SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN (2024) Form 5500
Creator: SMITHBUCKLIN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN, SMITHBUCKLIN CORPORATION

SMITHBUCKLIN CORPORATIONEIN 41-2078828Plan #003PY 2024

330 N. WABASH AVENUE, SUITE 2000 - CHICAGO, IL 60611312-673-5978smithbucklin.comLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

Top hat statement on fileNQDC

Filed November 14, 2019

Plan administrator

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330 North Wabash Avenue, Suite 2000

Chicago, IL 60611

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Plans declared (1)

SMITHBUCKLIN DEFERRED COMPENSATION PLAN20 emp

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How to read this page

Total assets (EOY)

$242.5M

+1.3% from 2023

Total participants

1,106

-0.3% from 2023

Average account balance

$223,299

+2.3% from 2023

Annual return

12.40%

-8.14 pp from 2023

Benchmarks

See 3,315 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,315 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$242.50M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

1,086

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$423

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$303,050
INVESTMENT CONSULTING SERVICES, LLC10+ years Filed as: INVESTMENT CONSULTANTS Service code 27 · EIN 36-3803240	Advisory (Plan)	$50,000
GREATBANC TRUST COMPANY1 year Filed as: GREATBANC Service code 21 801 WARRENVILLE RD · LISLE, IL 60532	Bank Trustee	$43,260
THE TRAVELERS INDEMNITY COMPANY1 year Filed as: TRAVELERS INSURANCE Service code 49 485 LEXINGTON AVE · NEW YORK, NY 10017	Other Services	$36,050
RSM US LLP8 years Service code 10 30 S WACKER DR · CHICAGO, IL 60606	Accounting	$19,900
LEVENFELD PEARLSTEIN, LLC1 year Service code 29 120 S RIVERSIDE PLAZA · CHICAGO, IL 60606	Legal	$7,516
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2H2I2J2K2O2Q2S2T3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$460K

$726 / participant

Trustee / custodial$43K9.4%
Investment mgmt$50K10.9%
Legal$8K1.6%
Contract admin$303K65.9%
Other / not subdivided$56K12.2%

% of EOY assets

0.190%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: $19,900
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$223,299

$106,028+110.6%

$146,958+51.9%

$77,643+187.6%

Participation rate

96.8%

78.4%+18.5pp

82.2%+14.7pp

70.6%+26.3pp

Annual return

12.40%

56.73%-44.3pp

418.34%-405.9pp

31.24%-18.8pp

Employer contribution / active EE

$5,074

$4,063+24.9%

$4,933+2.9%

$2,726+86.1%

Participant deferral / active EE

$9,754

$7,990+22.1%

$8,070+20.9%

$4,647+109.9%

Admin fee / account holder

$423

$337+25.5%

$12,998-96.7%

$430-1.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$303,050

INVESTMENT CONSULTING SERVICES, LLC10+ years

Filed as: INVESTMENT CONSULTANTS

Service code 27 · EIN 36-3803240

Advisory (Plan)

$50,000

GREATBANC TRUST COMPANY1 year

Filed as: GREATBANC

Service code 21

801 WARRENVILLE RD · LISLE, IL 60532

Bank Trustee

$43,260

THE TRAVELERS INDEMNITY COMPANY1 year

Filed as: TRAVELERS INSURANCE

Service code 49

485 LEXINGTON AVE · NEW YORK, NY 10017

Other Services

$36,050

RSM US LLP8 years

Service code 10

30 S WACKER DR · CHICAGO, IL 60606

Accounting

$19,900

LEVENFELD PEARLSTEIN, LLC1 year

Service code 29

120 S RIVERSIDE PLAZA · CHICAGO, IL 60606

Legal

$7,516

MORNINGSTAR3 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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