Retirement plan

SEARS POOL MANAGEMENT 401(K)

Name: SEARS POOL MANAGEMENT CONSULTANTS, INC. - SEARS POOL MANAGEMENT 401(K) (2017) Form 5500
Creator: SEARS POOL MANAGEMENT CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEARS POOL MANAGEMENT 401(K), SEARS POOL MANAGEMENT CONSULTANTS, INC.

SEARS POOL MANAGEMENT CONSULTANTS, INC.EIN 58-2436881Plan #001PY 2017

1180 HIGHTOWER TRL - ATLANTA, GA 303502910770-993-7492searspool.comLinkedIn201-500 employeesrecreational facilities and services

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$836K

+36.0% from 2016

Total participants

+15.4% from 2016

Average account balance

$69,662

+2.0% from 2016

Annual return

24.68%

+19.00 pp from 2016

Benchmarks

See 11,958 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort11,958 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.66M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

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.

106.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$177K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,662

$101,069-31.1%

$81,478-14.5%

$147,585-52.8%

Participation rate

75.0%

74.5%+0.5pp

68.0%+7.0pp

82.8%-7.8pp

Annual return

24.68%

32.40%-7.7pp

38.78%-14.1pp

578.57%-553.9pp

Employer contribution / active EE

$1,432

$3,205-55.3%

$2,568-44.3%

$4,876-70.6%

Participant deferral / active EE

$4,366

$4,242+2.9%

$3,537+23.4%

$5,439-19.7%

Admin fee / account holder

$5,812-100.0%

$4,561-100.0%

$10,885-100.0%

SEARS POOL MANAGEMENT 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SEARS POOL MANAGEMENT 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion