Retirement plan

STRYKER ELECTRICAL CONTRACTING, INC., 401(K) PROFIT SHARING PLAN

Name: STRYKER ELECTRICAL CONTRACTING, INC. - STRYKER ELECTRICAL CONTRACTING, INC., 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: STRYKER ELECTRICAL CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRYKER ELECTRICAL CONTRACTING, INC., 401(K) PROFIT SHARING PLAN, STRYKER ELECTRICAL CONTRACTING, INC.

STRYKER ELECTRICAL CONTRACTING, INC.EIN 59-1584267Plan #001PY 2017

4241 SW HIGH MEADOW AVE - PALM CITY, FL 34990772-219-3389stryker-electric.comLinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow returnsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$2.4M

+14.0% from 2016

Total participants

125

-6.7% from 2016

Average account balance

$28,471

+67.1% from 2016

Annual return

12.27%

+3.14 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.88M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

111

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.

41.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$482K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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
NATIONWIDE2 years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$12,007
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NML FINANCIAL SERVICES, LLC Service code 22	Insurance Broker	$4,142
MSI FINANCIAL SERVICES INC.1 year Filed as: MSI FINANCIAL SERVICES, INC. Service code 22	Insurance Broker	$1,277
EMPLOYEE BENEFIT CONSULTANTS OF FLO1 year Service code 15 · EIN 65-0103612 7000 S.E. FEDERAL HIGHWAY, STE. 210 · STUART, FL 349978682	Recordkeeping	$1,200
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 19 4211 SOUTH 102ND STREET · OMAHA, NE 68127	Securities Custodian	$1,073

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2T3D

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.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$14K

$137 / participant

Contract admin$14K100.0%

% of EOY assets

0.583%

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: MARI HUFF, C.P.A., P.A.
Auditor EIN: 472814883
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,471

$58,726-51.5%

$92,240-69.1%

$62,293-54.3%

Participation rate

62.5%

68.3%-5.8pp

76.5%-14.0pp

69.5%-7.0pp

Annual return

12.27%

43.62%-31.3pp

176.29%-164.0pp

28.90%-16.6pp

Employer contribution / active EE

$373

$2,392-84.4%

$3,680-89.9%

$2,042-81.7%

Participant deferral / active EE

$1,201

$2,766-56.6%

$3,897-69.2%

$3,169-62.1%

Admin fee / account holder

$166

$556-70.2%

$5,194-96.8%

$479-65.4%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$12,007

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NML FINANCIAL SERVICES, LLC

Service code 22

Insurance Broker

$4,142

MSI FINANCIAL SERVICES INC.1 year

Filed as: MSI FINANCIAL SERVICES, INC.

Service code 22

Insurance Broker

$1,277

EMPLOYEE BENEFIT CONSULTANTS OF FLO1 year

Service code 15 · EIN 65-0103612

7000 S.E. FEDERAL HIGHWAY, STE. 210 · STUART, FL 349978682

Recordkeeping

$1,200

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 19

4211 SOUTH 102ND STREET · OMAHA, NE 68127

Securities Custodian

$1,073

STRYKER ELECTRICAL CONTRACTING, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRYKER ELECTRICAL CONTRACTING, INC., 401(K) PROFIT SHARING 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