Retirement plan

SEEGARS FENCE COMPANY, INC. 401(K) RETIREMENT PLAN

Name: SEEGARS FENCE COMPANY, INC. - SEEGARS FENCE COMPANY, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: SEEGARS FENCE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEEGARS FENCE COMPANY, INC. 401(K) RETIREMENT PLAN, SEEGARS FENCE COMPANY, INC.

SEEGARS FENCE COMPANY, INC.EIN 56-0506950Plan #001PY 2019

P. O. BOX 1555 - GOLDSBORO, NC 275331555919-739-7500seegarsfence.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4.9M

+28.4% from 2018

Total participants

213

+26.0% from 2018

Average account balance

$24,278

-0.7% from 2018

Annual return

16.76%

+27.11 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.27M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

256

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.

82.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$362

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 35 IRON POINT CIRCLE · FOLSOM, CA 956308589	Recordkeeping	$19,289
ACORN FINANCIAL SERVICES2 years Service code 26 · EIN 54-1806290 1875 CAMPUS COMMONS DRIVE · RESTON, VA 20191	Advisory (Participants)	$16,518
CORPORATE PLANS & SERVICES, INC.2 years Service code 49 · EIN 56-0990374 136-B GATEWAY BOULEVARD · MOORESVILLE, NC 28117	Other Services	$12,058

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$48K

$272 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.971%

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: NUNN, BRASHEAR & UZZELL, PA
Auditor EIN: 561315966
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,278

$63,114-61.5%

$92,909-73.9%

$65,185-62.8%

Participation rate

94.3%

68.8%+25.5pp

76.0%+18.3pp

70.2%+24.1pp

Annual return

16.76%

28.75%-12.0pp

109.44%-92.7pp

29.38%-12.6pp

Employer contribution / active EE

$2,302

$2,571-10.4%

$3,653-37.0%

$2,177+5.8%

Participant deferral / active EE

$2,985

$3,108-4.0%

$4,238-29.6%

$3,514-15.1%

Admin fee / account holder

$236

$624-62.2%

$5,795-95.9%

$847-72.2%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Service code 15 · EIN 27-2037969

35 IRON POINT CIRCLE · FOLSOM, CA 956308589

Recordkeeping

$19,289

ACORN FINANCIAL SERVICES2 years

Service code 26 · EIN 54-1806290

1875 CAMPUS COMMONS DRIVE · RESTON, VA 20191

Advisory (Participants)

$16,518

CORPORATE PLANS & SERVICES, INC.2 years

Service code 49 · EIN 56-0990374

136-B GATEWAY BOULEVARD · MOORESVILLE, NC 28117

Other Services

$12,058

SEEGARS FENCE COMPANY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEEGARS FENCE COMPANY, INC. 401(K) RETIREMENT 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