Retirement plan

SMITH & LOVELESS, INC. PROFIT SHARING PLAN AND TRUST

Name: SMITH & LOVELESS, INC. - SMITH & LOVELESS, INC. PROFIT SHARING PLAN AND TRUST (2025) Form 5500
Creator: SMITH & LOVELESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITH & LOVELESS, INC. PROFIT SHARING PLAN AND TRUST, SMITH & LOVELESS, INC.

SMITH & LOVELESS, INC.EIN 48-0924021Plan #003PY 2025

14040 SANTA FE TRAIL DRIVE - LENEXA, KS 66215913-888-5201smithandloveless.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$30M

+9.8% from 2024

Total participants

238

-4.8% from 2024

Average account balance

$125,907

+1.5% from 2024

Annual return

10.29%

-15.11 pp from 2024

Benchmarks

See 1,491 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,491 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.97M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

238

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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
TFB ADVISORS, LLC1 year Service code 27 · EIN 88-2289092	Advisory (Plan)	$83,750
NATIONWIDE1 year Service code 15 · EIN 31-4177100	Recordkeeping	$9,199
TAX FAVORED BENEFITS, INC.1 year Service code 14 · EIN 48-0912395	Plan Administrator	$375

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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

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

Expense breakdown

Schedule H Part II

Admin total

$88K

$513 / participant

Contract admin$88K100.0%

% of EOY assets

0.293%

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: HUTCHINS & HAAKE L.L.C.
Auditor EIN: 201950909
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,907

$85,515+47.2%

$112,040+12.4%

$67,986+85.2%

Participation rate

100.0%

68.2%+31.8pp

76.5%+23.5pp

57.2%+42.8pp

Annual return

10.29%

29.68%-19.4pp

24.52%-14.2pp

31.67%-21.4pp

Employer contribution / active EE

$2,064

$2,191-5.8%

$2,954-30.1%

$2,019+2.2%

Participant deferral / active EE

$5,457

$4,014+36.0%

$5,098+7.1%

$3,358+62.5%

Admin fee / account holder

$369

$3,774-90.2%

$12,098-97.0%

$3,203-88.5%

Provider

Service type

Compensation

TFB ADVISORS, LLC1 year

Service code 27 · EIN 88-2289092

Advisory (Plan)

$83,750

NATIONWIDE1 year

Service code 15 · EIN 31-4177100

Recordkeeping

$9,199

TAX FAVORED BENEFITS, INC.1 year

Service code 14 · EIN 48-0912395

Plan Administrator

$375

SMITH & LOVELESS, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITH & LOVELESS, 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