Retirement plan

SB HOLDINGS 401(K) PLAN AND TRUST

Name: POLPAT, LLC - SB HOLDINGS 401(K) PLAN AND TRUST (2019) Form 5500
Creator: POLPAT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SB HOLDINGS 401(K) PLAN AND TRUST, POLPAT, LLC

POLPAT, LLCEIN 47-1060673Plan #001PY 2019

PO BOX 1558 - BELLEVUE, WA 98009425-440-0522

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.7M

+38.4% from 2018

Total participants

365

+18.5% from 2018

Average account balance

$43,110

+16.8% from 2018

Annual return

27.77%

+27.53 pp from 2018

Benchmarks

See 601 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort601 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.68M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

802

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+18.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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 2 by compensation

Provider	Service type	Compensation
NORTHWEST PLAN SERVICES, INC.4 years Filed as: NORTHWEST PLAN SERVICES Service code 15 · EIN 91-2090931 4025 DELRIDGE WAY SW · SEATTLE, WA 98106	Recordkeeping	$26,662
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 12401 RESEARCH BLVD · AUSTIN, TX 78759	Securities Custodian	$5,298

Plan features & details

Pension benefit codes3D2E2J3H2K2F2G

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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$32K

$133 / participant

Contract admin$32K100.0%

% of EOY assets

0.203%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,110

$46,722-7.7%

$130,660-67.0%

$65,185-33.9%

Participation rate

100.0%

60.9%+39.1pp

71.7%+28.3pp

70.2%+29.8pp

Annual return

27.77%

24.17%+3.6pp

1709.29%-1681.5pp

29.38%-1.6pp

Employer contribution / active EE

$4,233

$1,488+184.5%

$4,092+3.4%

$2,177+94.4%

Participant deferral / active EE

$5,748

$2,545+125.8%

$3,603+59.5%

$3,514+63.6%

Admin fee / account holder

$88

$453-80.7%

$5,463-98.4%

$847-89.7%

Provider

Service type

Compensation

NORTHWEST PLAN SERVICES, INC.4 years

Filed as: NORTHWEST PLAN SERVICES

Service code 15 · EIN 91-2090931

4025 DELRIDGE WAY SW · SEATTLE, WA 98106

Recordkeeping

$26,662

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

12401 RESEARCH BLVD · AUSTIN, TX 78759

Securities Custodian

$5,298

SB HOLDINGS 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SB HOLDINGS 401(K) PLAN AND TRUST

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