Retirement plan

STRATEGIC CONSULTING SERVICES INC. 401(K) PLAN AND TRUST

Name: STRATEGIC CONSULTING SERVICES, INC - STRATEGIC CONSULTING SERVICES INC. 401(K) PLAN AND TRUST (2016) Form 5500
Creator: STRATEGIC CONSULTING SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRATEGIC CONSULTING SERVICES INC. 401(K) PLAN AND TRUST, STRATEGIC CONSULTING SERVICES, INC

STRATEGIC CONSULTING SERVICES, INCEIN 55-0799465Plan #001PY 2016

33600 6TH AVE SO, STE 109 - FEDERAL WAY, WA 980036323253-661-5550strategicconsultinginc.comLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11M

+14.3% from 2015

Total participants

155

+5.4% from 2015

Average account balance

$76,661

-6.5% from 2015

Annual return

6.60%

+4.53 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.64M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

155

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES INS AGENCY I Service code 26 925 4TH AVE · SEATTLE, WA 98104	Advisory (Participants)	$47,014
SPECTRUM PENSION CONSULTANTS, INC.2+ years Service code 13 · EIN 91-1035498	Contract Administrator	$25,617

Plan features & details

Pension benefit codes2F2G2J2K2T3D2E

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.
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

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

$73K

$546 / participant

Investment mgmt$47K64.7%
Other / not subdivided$26K35.3%

% of EOY assets

0.663%

all-in expense ratio

Categories reported

1 / 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: SMITH BUNDAY BERMAN BRITTON, P.S.
Auditor EIN: 911275259
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,661

$75,183+2.0%

$123,894-38.1%

$55,167+39.0%

Participation rate

91.0%

72.8%+18.2pp

81.4%+9.6pp

69.0%+22.0pp

Annual return

6.60%

19.01%-12.4pp

47.52%-40.9pp

169.23%-162.6pp

Employer contribution / active EE

$2,924

$2,823+3.6%

$4,617-36.7%

$1,963+49.0%

Participant deferral / active EE

$5,726

$5,084+12.6%

$5,984-4.3%

$3,054+87.5%

Admin fee / account holder

$508

$663-23.3%

$8,357-93.9%

$504+0.8%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES INS AGENCY I

Service code 26

925 4TH AVE · SEATTLE, WA 98104

Advisory (Participants)

$47,014

SPECTRUM PENSION CONSULTANTS, INC.2+ years

Service code 13 · EIN 91-1035498

Contract Administrator

$25,617

STRATEGIC CONSULTING SERVICES INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRATEGIC CONSULTING SERVICES INC. 401(K) 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