Retirement plan

SCHLEICH ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN

Name: SCHLEICH ENTERPRISES, INC. - SCHLEICH ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SCHLEICH ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHLEICH ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN, SCHLEICH ENTERPRISES, INC.

SCHLEICH ENTERPRISES, INC.EIN 47-0648893Plan #002PY 2016

7211 S. 27TH ST. - LINCOLN, NE 68512402-436-3404

Prospect flagsRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$4.7M

+9.7% from 2015

Total participants

219

+5.3% from 2015

Average account balance

$25,700

-57.2% from 2015

Annual return

6.37%

+6.47 pp from 2015

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.40M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

228

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$361

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,727
AMERITAS LIFE INSURANCE CORP1 year Filed as: AMERITAS INVESTMENT CORP Service code 55 5900 O ST · LINCOLN, NE 68510	Other Commissions	$9,710
ASCENSUS LLC1 year Filed as: PENSION ADMINISTRATORS LLC Service code 13 18033 OAK STREET · OMAHA, NE 68130	Contract Administrator	$7,223
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 99 6011 WEST COURTYARD DR · AUSTIN, TX 78730	Other Fees	$1,907
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$900

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$16K

$88 / participant

Contract admin$16K100.0%

% of EOY assets

0.334%

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: DANA F. COLE COMPANY, LLP
Auditor EIN: 470526649
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,700

$50,898-49.5%

$171,082-85.0%

$55,167-53.4%

Participation rate

79.2%

63.3%+16.0pp

76.7%+2.5pp

69.0%+10.2pp

Annual return

6.37%

15.34%-9.0pp

32.56%-26.2pp

169.23%-162.9pp

Employer contribution / active EE

$700

$1,433-51.1%

$4,002-82.5%

$1,963-64.3%

Participant deferral / active EE

$1,823

$2,994-39.1%

$4,797-62.0%

$3,054-40.3%

Admin fee / account holder

$86

$500-82.8%

$8,520-99.0%

$504-83.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,727

AMERITAS LIFE INSURANCE CORP1 year

Filed as: AMERITAS INVESTMENT CORP

Service code 55

5900 O ST · LINCOLN, NE 68510

Other Commissions

$9,710

ASCENSUS LLC1 year

Filed as: PENSION ADMINISTRATORS LLC

Service code 13

18033 OAK STREET · OMAHA, NE 68130

Contract Administrator

$7,223

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 99

6011 WEST COURTYARD DR · AUSTIN, TX 78730

Other Fees

$1,907

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$900

SCHLEICH ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHLEICH ENTERPRISES, 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