Retirement plan

SERVICE OIL, INC. 401(K) PROFIT SHARING PLAN

Name: SERVICE OIL, INC. - SERVICE OIL, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: SERVICE OIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SERVICE OIL, INC. 401(K) PROFIT SHARING PLAN, SERVICE OIL, INC.

SERVICE OIL, INC.EIN 45-0345592Plan #005PY 2015

PO BOX 655 - WEST FARGO, ND 580780655701-277-1050stamart.comLinkedIn51-200 employees

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

No prior year

Total participants

112

No prior year

Average account balance

$31,212

No prior year

Annual return

-0.19%

No prior year

Benchmarks

See 8,867 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort8,867 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3012

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
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-0345592	Recordkeeping	$11,727

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

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

$165 / participant

Contract admin$12K100.0%

% of EOY assets

0.342%

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: WIDMER ROEL PC
Auditor EIN: 450334950
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,212

$45,566-31.5%

$64,105-51.3%

$59,633-47.7%

Participation rate

97.2%

60.2%+37.0pp

68.2%+29.0pp

68.7%+28.5pp

Annual return

-0.19%

4.95%-5.1pp

791.24%-791.4pp

2041.45%-2041.6pp

Employer contribution / active EE

$1,641

$934+75.7%

$1,820-9.8%

$2,203-25.5%

Participant deferral / active EE

$1,761

$2,057-14.4%

$2,822-37.6%

$3,192-44.8%

Admin fee / account holder

$107

$3,268-96.7%

$4,499-97.6%

$4,297-97.5%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.1+ years

Service code 15 · EIN 45-0345592

Recordkeeping

$11,727

SERVICE OIL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SERVICE OIL, INC. 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