Retirement plan

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

Name: SCHRAAD & ASSOCIATES-SALES/ MARKETING, INC. - SCHRAAD & ASSOCIATES-SALES/MARKETING, INC. 401K PLAN (2017) 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. 401K PLAN, SCHRAAD & ASSOCIATES-SALES/ MARKETING, INC.

SCHRAAD & ASSOCIATES-SALES/ MARKETING, INC.EIN 47-1568101Plan #001PY 2017

P.O. BOX 18529 - OKLAHOMA CITY, OK 73154405-528-3327LinkedIn51-200 employeescomputer software

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.1M

+51.0% from 2016

Total participants

147

+1.4% from 2016

Average account balance

$31,396

+54.0% from 2016

Annual return

33.25%

+26.15 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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
LPL FINANCIAL1 year Service code 27 · EIN 95-2834236 4701 EXECUTIVE DR · SAN DIEGO, CA 92121	Advisory (Plan)	$3,000
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANGEMENT CO Service code 13 PO BOX 6040 · INDIANAPOLIS, IN 462066040	Contract Administrator	$0
PENTEC PENSION MANAGEMENT GROUP INC3+ years Filed as: PENTEC PENSION MGT GROUP INC Service code 15 · EIN 75-2776689	Recordkeeping	$0
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 1101 N BROADWAY AVE · OKLAHOMA CITY, OK 731034925	Advisory (Plan)	$0

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

2 tripped

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

$475

$4 / participant

Other / not subdivided$475100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 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: FINLEY & COOK, PLLC
Auditor EIN: 730604334
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,396

$71,192-55.9%

$117,861-73.4%

$62,293-49.6%

Participation rate

64.9%

74.2%-9.3pp

79.7%-14.7pp

69.5%-4.6pp

Annual return

33.25%

18.66%+14.6pp

335.11%-301.9pp

28.90%+4.4pp

Employer contribution / active EE

$1,310

$1,934-32.3%

$3,786-65.4%

$2,042-35.9%

Participant deferral / active EE

$2,896

$3,189-9.2%

$4,482-35.4%

$3,169-8.6%

Admin fee / account holder

$587-99.2%

$8,021-99.9%

$479-99.0%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Service code 27 · EIN 95-2834236

4701 EXECUTIVE DR · SAN DIEGO, CA 92121

Advisory (Plan)

$3,000

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANGEMENT CO

Service code 13

PO BOX 6040 · INDIANAPOLIS, IN 462066040

Contract Administrator

PENTEC PENSION MANAGEMENT GROUP INC3+ years

Filed as: PENTEC PENSION MGT GROUP INC

Service code 15 · EIN 75-2776689

Recordkeeping

RAYMOND JAMES FINANCIAL SERVICES3+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 27

1101 N BROADWAY AVE · OKLAHOMA CITY, OK 731034925

Advisory (Plan)

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHRAAD & ASSOCIATES-SALES/MARKETING, INC. 401K 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