Retirement plan

EMPLOYEE BENEFIT PLAN OF SUNSHINE HOMES, INC.

Name: SUNSHINE HOMES, INC. - EMPLOYEE BENEFIT PLAN OF SUNSHINE HOMES, INC. (2018) Form 5500
Creator: SUNSHINE HOMES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SUNSHINE HOMES, INC., SUNSHINE HOMES, INC.

SUNSHINE HOMES, INC.EIN 63-0596473Plan #002PY 2018

PO BOX 507 - RED BAY, AL 35582256-356-4427

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$6.2M

+11.0% from 2015

Total participants

332

+59.6% from 2015

Average account balance

$28,853

+6.9% from 2015

Annual return

-2.83%

-2.79 pp from 2015

Benchmarks

See 4,209 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,209 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.26M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

140

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.

36.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$599K

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

+8.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$361

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 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$35,594
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 53 · EIN 59-1199408	Insurance Commissions	$7,727
AZALEA ADMINISTRATION LLC1 year Service code 13 · EIN 27-0711617 P. O. BOX 180293 · MOBILE, AL 36618	Contract Administrator	$3,344
AZALEA ADMINISTRATION LLC1 year Filed as: AZALEA ADMINISTRATION, LLC Service code 13	Contract Administrator	$1,644
AB FUNDS1 year Service code 52 · EIN 13-6021421	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BLACKROCK1 year Filed as: BALCKROCK Service code 52	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 13-3867060	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2K2G2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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.

Expense breakdown

Schedule H Part II

Admin total

$36K

$170 / participant

Other / not subdivided$36K100.0%

% of EOY assets

0.571%

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: BORLAND BENEFIELD, PC
Auditor EIN: 630721243
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,853

$59,191-51.3%

$76,767-62.4%

$56,289-48.7%

Participation rate

44.5%

75.2%-30.7pp

77.0%-32.5pp

69.9%-25.4pp

Annual return

-2.83%

6.62%-9.5pp

2.43%-5.3pp

-9.96%+7.1pp

Employer contribution / active EE

$567

$1,759-67.8%

$2,485-77.2%

$2,111-73.1%

Participant deferral / active EE

$1,167

$3,255-64.2%

$3,852-69.7%

$3,350-65.2%

Admin fee / account holder

$165

$489-66.3%

$6,675-97.5%

$521-68.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$35,594

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES INSURANCE GROUP INC

Service code 53 · EIN 59-1199408

Insurance Commissions

$7,727

AZALEA ADMINISTRATION LLC1 year

Service code 13 · EIN 27-0711617

P. O. BOX 180293 · MOBILE, AL 36618

Contract Administrator

$3,344

AZALEA ADMINISTRATION LLC1 year

Filed as: AZALEA ADMINISTRATION, LLC

Service code 13

Contract Administrator

$1,644

AB FUNDS1 year

Service code 52 · EIN 13-6021421

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BLACKROCK1 year

Filed as: BALCKROCK

Service code 52

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 51-0318674

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52

Indirect Investment Fees

OPPENHEIMER1 year

Service code 52 · EIN 13-3867060

Indirect Investment Fees

EMPLOYEE BENEFIT PLAN OF SUNSHINE HOMES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SUNSHINE HOMES, INC.

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