Retirement plan

SMALL BUSINESS MANAGEMENT CORPORATION PROFIT SHARING PLAN

Name: SMALL BUSINESS MGT CORPORATION - SMALL BUSINESS MANAGEMENT CORPORATION PROFIT SHARING PLAN (2015) Form 5500
Creator: SMALL BUSINESS MGT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMALL BUSINESS MANAGEMENT CORPORATION PROFIT SHARING PLAN, SMALL BUSINESS MGT CORPORATION

SMALL BUSINESS MGT CORPORATIONEIN 63-0753330Plan #002PY 2015

16 MIDTOWN PARK EAST - MOBILE, AL 36606251-476-0700

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20.4M

No prior year

Total participants

No prior year

Average account balance

$1,361,397

No prior year

Annual return

99.11%

No prior year

Benchmarks

See 27,820 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort27,820 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.92M

Not enough data

1 years with asset history on file

Average account balance

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

$2.3M

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56239

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

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 codes2C3D2H3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$536K

$66952 / participant

Other / not subdivided$536K100.0%

% of EOY assets

2.623%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,361,397

$140,592+868.3%

$123,105+1005.9%

$125,389+985.7%

Participation rate

100.0%

88.2%+11.8pp

86.8%+13.2pp

83.2%+16.8pp

Annual return

99.11%

16.80%+82.3pp

13.22%+85.9pp

282.24%-183.1pp

Employer contribution / active EE

$4,433

$6,041-26.6%

$5,151-13.9%

$4,866-8.9%

Participant deferral / active EE

$5,477

$6,980-21.5%

$6,229-12.1%

$5,352+2.3%

Admin fee / account holder

$35,708

$11,198+218.9%

$9,014+296.1%

$9,541+274.3%

SMALL BUSINESS MANAGEMENT CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMALL BUSINESS MANAGEMENT CORPORATION 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