Retirement plan

SANDY'S TOWING 401(K) RETIREMENT PLAN

Name: SANDYS TOWING & TRUCK SERVICES, INC. - SANDY'S TOWING 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: SANDYS TOWING & TRUCK SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANDY'S TOWING 401(K) RETIREMENT PLAN, SANDYS TOWING & TRUCK SERVICES, INC.

SANDYS TOWING & TRUCK SERVICES, INC.EIN 62-1683375Plan #001PY 2017

3053 SPRINGBORO RD. - DAYTON, OH 45439937-294-6353

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$217K

No prior year

Total participants

No prior year

Average account balance

$5,553

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.88M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

56.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$446K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3297

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

Top 1 by compensation

Provider	Service type	Compensation
EVERHART ADVISORS1+ years Filed as: EVERHART FINANCIAL GROUP Service code 99 · EIN 31-1440043	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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: THORN, LEWIS & DUNCAN, INC.
Auditor EIN: 311122097
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,553

$52,580-89.4%

$71,671-92.3%

$70,126-92.1%

Participation rate

43.8%

60.9%-17.1pp

68.7%-24.9pp

69.5%-25.7pp

Annual return

0.00%

20.25%-20.3pp

20.65%-20.6pp

73.15%-73.1pp

Employer contribution / active EE

$972

$1,616-39.8%

$2,460-60.5%

$2,343-58.5%

Participant deferral / active EE

$1,299

$2,386-45.6%

$3,438-62.2%

$3,332-61.0%

Admin fee / account holder

$3,653-100.0%

$5,558-100.0%

$4,645-100.0%

Provider

Service type

Compensation

EVERHART ADVISORS1+ years

Filed as: EVERHART FINANCIAL GROUP

Service code 99 · EIN 31-1440043

Other Fees

SANDY'S TOWING 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SANDY'S TOWING 401(K) RETIREMENT PLAN

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