Retirement plan

SISLER MANUFACTURING GROUP 401(K) PLAN

Name: SISLER MANUFACTURING GROUP - SISLER MANUFACTURING GROUP 401(K) PLAN (2020) Form 5500
Creator: SISLER MANUFACTURING GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SISLER MANUFACTURING GROUP 401(K) PLAN, SISLER MANUFACTURING GROUP

SISLER MANUFACTURING GROUPEIN 46-0932567Plan #001PY 2020

100 TRUFORM WAY - DICKSON, TN 37055LinkedIn51-200 employeesmachinery

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.3M

+34.8% from 2019

Total participants

128

+4.9% from 2019

Average account balance

$41,730

+34.8% from 2019

Annual return

18.85%

-4.69 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

$7.39M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

102

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.

62.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$741K

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

+18.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1207

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 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL LIFE INS COMPANY Service code 13 · EIN 42-0127290	Contract Administrator	$7,967
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA ADVISOR NETWORKS INS S Service code 49 · EIN 33-0232417	Other Services	$7,453
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSC INC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$9K

$77 / participant

Investment mgmt$9K100.0%

% of EOY assets

0.269%

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: KRAFTCPAS PLLC
Auditor EIN: 620713250
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,730

$73,638-43.3%

$95,960-56.5%

$73,493-43.2%

Participation rate

59.0%

76.2%-17.2pp

77.1%-18.1pp

70.7%-11.7pp

Annual return

18.85%

16.78%+2.1pp

91.63%-72.8pp

28.51%-9.7pp

Employer contribution / active EE

$1,390

$1,863-25.4%

$2,541-45.3%

$2,270-38.8%

Participant deferral / active EE

$2,787

$3,617-23.0%

$4,167-33.1%

$3,740-25.5%

Admin fee / account holder

$112

$482-76.7%

$6,797-98.4%

$513-78.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL LIFE INS COMPANY

Service code 13 · EIN 42-0127290

Contract Administrator

$7,967

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA ADVISOR NETWORKS INS S

Service code 49 · EIN 33-0232417

Other Services

$7,453

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSC INC

Service code 27 · EIN 95-2755361

Advisory (Plan)

SISLER MANUFACTURING GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SISLER MANUFACTURING GROUP 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