Retirement plan

STEWART STAINLESS SUPPLY, INC. 401(K) PLAN

Name: STEWART STAINLESS SUPPLY, INC. - STEWART STAINLESS SUPPLY, INC. 401(K) PLAN (2018) Form 5500
Creator: STEWART STAINLESS SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEWART STAINLESS SUPPLY, INC. 401(K) PLAN, STEWART STAINLESS SUPPLY, INC.

STEWART STAINLESS SUPPLY, INC.EIN 58-1497878Plan #001PY 2018

3660 SWIFTWATER PARK DRIVE - SUWANNEE, GA 30024770-925-0075

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$6.9M

+0.1% from 2017

Total participants

174

+6.1% from 2017

Average account balance

$59,194

+2.7% from 2017

Annual return

-6.25%

-23.61 pp from 2017

Benchmarks

See 4,210 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,210 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.37M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

124

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.

70.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$891K

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

+12.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$479

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
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$37,150
CBIZ RETIREMENT PLAN SERVICES3 years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 P.O. BOX 643792 · CINCINNATI, OH 45226	Advisory (Plan)	$17,861
CBIZ RETIREMENT PLAN SERVICES3 years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 13 28126 NETWORK PLACE · CHICAGO, IL 606731281	Contract Administrator	$1,350

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$39K

$255 / participant

Investment mgmt$39K100.0%

% of EOY assets

0.567%

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: BROWN & ASSOCIATES, P.C
Auditor EIN: 581945983
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,194

$59,1860%

$76,766-22.9%

$56,287+5.2%

Participation rate

62.1%

75.2%-13.1pp

77.0%-14.9pp

69.9%-7.8pp

Annual return

-6.25%

6.62%-12.9pp

2.43%-8.7pp

-9.96%+3.7pp

Employer contribution / active EE

$1,451

$1,759-17.5%

$2,485-41.6%

$2,111-31.3%

Participant deferral / active EE

$2,415

$3,255-25.8%

$3,851-37.3%

$3,350-27.9%

Admin fee / account holder

$336

$489-31.4%

$6,675-95.0%

$521-35.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$37,150

CBIZ RETIREMENT PLAN SERVICES3 years

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 27

P.O. BOX 643792 · CINCINNATI, OH 45226

Advisory (Plan)

$17,861

CBIZ RETIREMENT PLAN SERVICES3 years

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 13

28126 NETWORK PLACE · CHICAGO, IL 606731281

Contract Administrator

$1,350

STEWART STAINLESS SUPPLY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEWART STAINLESS SUPPLY, INC. 401(K) 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