Retirement plan

SOR, INC. PROFIT SHARING AND 401(K) PLAN

Name: SOR, INC. - SOR, INC. PROFIT SHARING AND 401(K) PLAN (2024) Form 5500
Creator: SOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOR, INC. PROFIT SHARING AND 401(K) PLAN, SOR, INC.

SOR, INC.EIN 48-0891679Plan #002PY 2024

14685 WEST 105TH STREET - LENEXA, KS 66215913-888-2630

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28M

+4.2% from 2023

Total participants

267

+1.5% from 2023

Average account balance

$107,295

+1.0% from 2023

Annual return

16.25%

-5.73 pp from 2023

Benchmarks

See 4,101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,101 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.00M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

261

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$12,446
PRIME CAPITAL INVESTMENT ADVISORS1 year Service code 27 · EIN 82-1364595	Advisory (Plan)	$8,822
CREATIVE PLANNING LLC1 year Service code 27 · EIN 84-4519624	Advisory (Plan)	$7,991

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$29K

$150 / participant

Recordkeeping$12K42.3%
Investment mgmt$17K57.7%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$107,295

$79,209+35.5%

$102,434+4.7%

$74,459+44.1%

Participation rate

97.0%

74.8%+22.2pp

76.5%+20.4pp

67.2%+29.7pp

Annual return

16.25%

54.98%-38.7pp

29.46%-13.2pp

1369.70%-1353.5pp

Employer contribution / active EE

$1,579

$2,362-33.2%

$3,023-47.8%

$2,626-39.9%

Participant deferral / active EE

$5,353

$4,417+21.2%

$5,055+5.9%

$4,350+23.1%

Admin fee / account holder

$113

$2,002-94.4%

$9,462-98.8%

$1,945-94.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$12,446

PRIME CAPITAL INVESTMENT ADVISORS1 year

Service code 27 · EIN 82-1364595

Advisory (Plan)

$8,822

CREATIVE PLANNING LLC1 year

Service code 27 · EIN 84-4519624

Advisory (Plan)

$7,991

SOR, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOR, INC. PROFIT SHARING AND 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