Retirement plan

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST

Name: SOUTHWEST GAS EQUIPMENT CO., INC. - SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: SOUTHWEST GAS EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST, SOUTHWEST GAS EQUIPMENT CO., INC.

SOUTHWEST GAS EQUIPMENT CO., INC.EIN 48-0635388Plan #001PY 2020

PO BOX 335 1330 SOUTH KANSAS AVE - LIBERAL, KS 67901620-624-3877LinkedIn1-10 employeesretail

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$637K

-12.8% from 2019

Total participants

-20.0% from 2019

Average account balance

$91,033

+24.5% from 2019

Annual return

3.84%

-0.70 pp from 2019

Benchmarks

See 7,940 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,940 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$723K

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

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

+5.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10078

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$145K

$24248 / participant

Other / not subdivided$145K100.0%

% of EOY assets

22.831%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,033

$121,677-25.2%

$104,625-13.0%

$158,966-42.7%

Participation rate

83.3%

77.5%+5.8pp

74.1%+9.3pp

82.0%+1.4pp

Annual return

3.84%

465.58%-461.7pp

340.60%-336.8pp

302.95%-299.1pp

Employer contribution / active EE

$3,878

$3,165+22.5%

$2,681+44.6%

$4,762-18.6%

Participant deferral / active EE

$4,175-100.0%

$3,738-100.0%

$5,983-100.0%

Admin fee / account holder

$20,784

$7,777+167.3%

$6,465+221.5%

$11,250+84.7%

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST GAS EQUIPMENT CO., INC. PROFIT SHARING 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