Retirement plan

STENNER PUMP COMPANY, INC. RETIREMENT SAVINGS PLAN

Name: STENNER PUMP COMPANY, INC. - STENNER PUMP COMPANY, INC. RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: STENNER PUMP COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STENNER PUMP COMPANY, INC. RETIREMENT SAVINGS PLAN, STENNER PUMP COMPANY, INC.

STENNER PUMP COMPANY, INC.EIN 59-0791535Plan #003PY 2023

3174 DESALVO ROAD - JACKSONVILLE, FL 32246904-641-1666stenner.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$27.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10M

+25.9% from 2022

Total participants

181

+1.7% from 2022

Average account balance

$55,510

+23.8% from 2022

Annual return

21.36%

+36.59 pp from 2022

Benchmarks

See 1,940 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,940 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.31M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

47.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$904K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$51

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

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$24 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PIVOT CPAS
Auditor EIN: 200708248
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,510

$71,523-22.4%

$98,461-43.6%

$71,511-22.4%

Participation rate

100.0%

72.7%+27.3pp

75.2%+24.8pp

67.9%+32.1pp

Annual return

21.36%

32.43%-11.1pp

21.17%+0.2pp

28.86%-7.5pp

Employer contribution / active EE

$2,693

$2,399+12.2%

$3,049-11.7%

$2,589+4.0%

Participant deferral / active EE

$5,058

$4,109+23.1%

$4,738+6.7%

$4,291+17.9%

Admin fee / account holder

$15

$1,676-99.1%

$8,961-99.8%

$1,588-99.1%

STENNER PUMP COMPANY, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STENNER PUMP COMPANY, INC. RETIREMENT 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