Retirement plan

E.R. SNELL CONTRACTOR, INC. PROFIT SHARING PLAN

Name: E. R. SNELL CONTRACTOR, INC. - E.R. SNELL CONTRACTOR, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: E. R. SNELL CONTRACTOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E.R. SNELL CONTRACTOR, INC. PROFIT SHARING PLAN, E. R. SNELL CONTRACTOR, INC.

E. R. SNELL CONTRACTOR, INC.EIN 58-0807745Plan #001PY 2020

P.O. BOX 306 - SNELLVILLE, GA 30078770-985-0600ersnell.comLinkedIn501-1000 employeesconstruction

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed February 8, 2018

Plan administrator

Plan administrator name— Sign in and upgrade to view

1785 OAK RD

SNELLVILLE State: GA Zip Code: 30078

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Plans declared (1)

E R SNELL CONTRACTOR LONG-TERM INCENTIVE PLAN40 emp

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Total assets (EOY)

$56.2M

+17.1% from 2019

Total participants

998

+3.1% from 2019

Average account balance

$70,277

+11.3% from 2019

Annual return

14.51%

-5.24 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.62M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

787

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.

50.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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 5 by compensation

Provider	Service type	Compensation
SUGARLOAF WEALTH MANAGEMENT, LLC6+ years Service code 28 2736 MEADOW CHURCH ROAD · DULUTH, GA 30097	Investment Management	$81,033
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$80,350
PENSION FINANCIAL SERVICES, INC.6+ years Filed as: PENSION FINANCIAL SERVICES, INC Service code 13 3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 30097	Contract Administrator	$43,931
CLE INVESTMENTS4 years Service code 28 17605 WRIGHT ST · OHAHA, NE 68130	Investment Management	$16,645
PENSION FINANCIAL SERVICES, INC.4 years Service code 13	Contract Administrator	$5,548

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$207K

$272 / participant

Investment mgmt$99K47.7%
Contract admin$65K31.1%
Other / not subdivided$44K21.1%

% of EOY assets

0.369%

all-in expense ratio

Categories reported

2 / 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: MSTILLER, LLC
Auditor EIN: 580673524
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,277

$91,517-23.2%

$101,271-30.6%

$73,412-4.3%

Participation rate

74.0%

73.8%+0.2pp

75.8%-1.8pp

72.2%+1.8pp

Annual return

14.51%

17.17%-2.7pp

46.48%-32.0pp

59.30%-44.8pp

Employer contribution / active EE

$2,628

$2,877-8.6%

$3,660-28.2%

$2,234+17.7%

Participant deferral / active EE

$2,144

$3,338-35.8%

$4,371-50.9%

$3,806-43.7%

Admin fee / account holder

$259

$216+20.1%

$5,948-95.6%

$158+64.1%

Provider

Service type

Compensation

SUGARLOAF WEALTH MANAGEMENT, LLC6+ years

Service code 28

2736 MEADOW CHURCH ROAD · DULUTH, GA 30097

Investment Management

$81,033

NATIONWIDE6+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$80,350

PENSION FINANCIAL SERVICES, INC.6+ years

Filed as: PENSION FINANCIAL SERVICES, INC

Service code 13

3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 30097

Contract Administrator

$43,931

CLE INVESTMENTS4 years

Service code 28

17605 WRIGHT ST · OHAHA, NE 68130

Investment Management

$16,645

PENSION FINANCIAL SERVICES, INC.4 years

Service code 13

Contract Administrator

$5,548

E.R. SNELL CONTRACTOR, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E.R. SNELL CONTRACTOR, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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