Retirement plan

SKA CONSULTING ENGINEERS, INC. THRIFT SAVINGS PLAN

Name: SKA CONSULTING ENGINEERS, INC. - SKA CONSULTING ENGINEERS, INC. THRIFT SAVINGS PLAN (2018) Form 5500
Creator: SKA CONSULTING ENGINEERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SKA CONSULTING ENGINEERS, INC. THRIFT SAVINGS PLAN, SKA CONSULTING ENGINEERS, INC.

SKA CONSULTING ENGINEERS, INC.EIN 56-0898930Plan #001PY 2018

300 POMONA DR - GREENSBORO, NC 274071620336-855-0993skaeng.comLinkedIn51-200 employeesdesign

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.1M

-4.2% from 2017

Total participants

128

+4.1% from 2017

Average account balance

$151,341

-15.6% from 2017

Annual return

-4.27%

-22.51 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.51M

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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.

134

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$967K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$480

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 4 by compensation

Provider	Service type	Compensation
STIFEL NICOLAUS & CO INC1 year Filed as: STIFEL, NICOLAUS & CO INC Service code 27 501 N BROADWAY · ST LOUIS, MO 63102	Advisory (Plan)	$9,453
SHARRARD, MCGEE & CO., P.A.4+ years Service code 10 800 GREEN VALLEY RD · GREENSBORO, NC 27404	Accounting	$8,500
TRINITY PENSION GROUP, LLC4+ years Service code 13 4196 MENDENHALL OAKS PKWY · HIGH POINT, NC 27265	Contract Administrator	$7,636
AMERICAN FUNDS4+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$275

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$25K

$236 / participant

Contract admin$25K100.0%

% of EOY assets

0.130%

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: SHARRARD, MCGEE & CO
Auditor EIN: 561146197
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,341

$73,102+107.0%

$123,553+22.5%

$56,289+168.9%

Participation rate

98.1%

74.3%+23.8pp

82.3%+15.8pp

69.9%+28.2pp

Annual return

-4.27%

3.01%-7.3pp

119.21%-123.5pp

-9.96%+5.7pp

Employer contribution / active EE

$1,390

$2,977-53.3%

$4,628-70.0%

$2,111-34.2%

Participant deferral / active EE

$6,561

$5,423+21.0%

$6,426+2.1%

$3,350+95.9%

Admin fee / account holder

$196

$554-64.5%

$9,284-97.9%

$521-62.3%

Provider

Service type

Compensation

STIFEL NICOLAUS & CO INC1 year

Filed as: STIFEL, NICOLAUS & CO INC

Service code 27

501 N BROADWAY · ST LOUIS, MO 63102

Advisory (Plan)

$9,453

SHARRARD, MCGEE & CO., P.A.4+ years

Service code 10

800 GREEN VALLEY RD · GREENSBORO, NC 27404

Accounting

$8,500

TRINITY PENSION GROUP, LLC4+ years

Service code 13

4196 MENDENHALL OAKS PKWY · HIGH POINT, NC 27265

Contract Administrator

$7,636

AMERICAN FUNDS4+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$275

SKA CONSULTING ENGINEERS, INC. THRIFT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SKA CONSULTING ENGINEERS, INC. THRIFT SAVINGS 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