Retirement plan

SCHRAAD & ASSOCIATES SALES/MARKETING, INC. 401(K) PLAN

Name: SCHRAAD & ASSOCIATES-SALES/MARKETING, INC. - SCHRAAD & ASSOCIATES SALES/MARKETING, INC. 401(K) PLAN (2024) Form 5500
Creator: SCHRAAD & ASSOCIATES-SALES/MARKETING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHRAAD & ASSOCIATES SALES/MARKETING, INC. 401(K) PLAN, SCHRAAD & ASSOCIATES-SALES/MARKETING, INC.

SCHRAAD & ASSOCIATES-SALES/MARKETING, INC.EIN 47-1568101Plan #001PY 2024

10 NW 6TH STRRET - OKLAHOMA CITY, OK 73102405-528-3327LinkedIn51-200 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.8M

+28.7% from 2023

Total participants

185

+2.2% from 2023

Average account balance

$72,489

+24.8% from 2023

Annual return

18.96%

-0.26 pp from 2023

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.82M

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.

163

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33

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 4 by compensation

Provider	Service type	Compensation
CADENT CAPITAL ADVISORS LLC3 years Filed as: CADENT CAPITAL Service code 17 14528 BOGERT PARKWAY · OKLAHOMA CITY, OK 73134	Pension Consulting	$12,000
CAPSTONE RETIREMENT SERVICES1 year Filed as: CAPSTONE RETIREMENT SERVCIES LLC Service code 10 · EIN 26-0674136 1310 S KELLY AVE · EDMOND, OK 73003	Accounting	$4,500
FINLEY & COOK3 years Filed as: FINLEY & COOK CPA'S Service code 10 · EIN 73-0604334 1421 E 45TH STREET · SHAWNEE, OK 74804	Accounting	$1,484
AMERICAN FUNDS5 years Filed as: CAPITAL BANK AND TRUST COMPANY Service code 28 · EIN 95-6817943	Investment Management	$312

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$33 / participant

Contract admin$5K100.0%

% of EOY assets

0.045%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FINLEY & COOK, PPLC
Auditor EIN: 730604334
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,489

$88,203-17.8%

$165,100-56.1%

$74,478-2.7%

Participation rate

86.6%

73.1%+13.5pp

78.6%+8.0pp

67.2%+19.4pp

Annual return

18.96%

17.13%+1.8pp

70.21%-51.3pp

1370.56%-1351.6pp

Employer contribution / active EE

$2,871

$2,601+10.4%

$4,348-34.0%

$2,626+9.3%

Participant deferral / active EE

$6,075

$4,505+34.9%

$6,035+0.7%

$4,350+39.7%

Admin fee / account holder

$33

$2,235-98.5%

$12,696-99.7%

$1,946-98.3%

Provider

Service type

Compensation

CADENT CAPITAL ADVISORS LLC3 years

Filed as: CADENT CAPITAL

Service code 17

14528 BOGERT PARKWAY · OKLAHOMA CITY, OK 73134

Pension Consulting

$12,000

CAPSTONE RETIREMENT SERVICES1 year

Filed as: CAPSTONE RETIREMENT SERVCIES LLC

Service code 10 · EIN 26-0674136

1310 S KELLY AVE · EDMOND, OK 73003

Accounting

$4,500

FINLEY & COOK3 years

Filed as: FINLEY & COOK CPA'S

Service code 10 · EIN 73-0604334

1421 E 45TH STREET · SHAWNEE, OK 74804

Accounting

$1,484

AMERICAN FUNDS5 years

Filed as: CAPITAL BANK AND TRUST COMPANY

Service code 28 · EIN 95-6817943

Investment Management

$312

SCHRAAD & ASSOCIATES SALES/MARKETING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHRAAD & ASSOCIATES SALES/MARKETING, INC. 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