Retirement plan

EARL SWENSSON ASSOCIATES, INC. SAVINGS & RETIREMENT PLAN

Name: EARL SWENSSON ASSOCIATES, INC. - EARL SWENSSON ASSOCIATES, INC. SAVINGS & RETIREMENT PLAN (2020) Form 5500
Creator: EARL SWENSSON ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EARL SWENSSON ASSOCIATES, INC. SAVINGS & RETIREMENT PLAN, EARL SWENSSON ASSOCIATES, INC.

EARL SWENSSON ASSOCIATES, INC.EIN 62-0897652Plan #001PY 2020

1033 DEMONBRUEN STREET SUITE 800 - NASHVILLE, TN 372034461615-329-9445

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$72.5M

+21.6% from 2019

Total participants

223

+0.5% from 2019

Average account balance

$328,141

+21.6% from 2019

Annual return

17.20%

-5.97 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.94M

Not enough data

1 years with asset history on file

Average account balance

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

$324K

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.

271

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY2 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$8,830

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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$9K

$51 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

0 / 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: MULLINS CLEMMONS & MAYES, PLLC
Auditor EIN: 621409003
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$328,141

$99,957+228.3%

$149,745+119.1%

$73,497+346.5%

Participation rate

98.9%

75.7%+23.1pp

82.5%+16.4pp

70.7%+28.2pp

Annual return

17.20%

53.87%-36.7pp

276.72%-259.5pp

28.51%-11.3pp

Employer contribution / active EE

$11,360

$3,191+256.0%

$4,646+144.5%

$2,270+400.4%

Participant deferral / active EE

$9,874

$6,073+62.6%

$6,843+44.3%

$3,740+164.0%

Admin fee / account holder

$40

$551-92.7%

$9,312-99.6%

$513-92.2%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$8,830

EARL SWENSSON ASSOCIATES, INC. SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EARL SWENSSON ASSOCIATES, INC. SAVINGS & RETIREMENT 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