Retirement plan

SEI GROUP, INC. 401K PLAN

Name: SEI GROUP, INC. - SEI GROUP, INC. 401K PLAN (2015) Form 5500
Creator: SEI GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEI GROUP, INC. 401K PLAN, SEI GROUP, INC.

SEI GROUP, INC.EIN 63-1184869Plan #001PY 2015

689 DISCOVERY DRIVE, SUITE 310 - HUNTSVILLE, AL 35806256-533-0500seigroupinc.comLinkedIn11-50 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

No prior year

Average account balance

$28,747

No prior year

Annual return

-2.57%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.26M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

247.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2075

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 2 by compensation

Provider	Service type	Compensation
SMITH & HOWARD, PC1+ years Filed as: G.L. SMITH AND ASSOCIATES Service code 26 · EIN 63-1009019 200 CLINTON AVENUE, SUITE 707 · HUNTSVILLE, AL 35801	Advisory (Participants)	$18,128
DAILYACCESS CORPORATION1+ years Service code 15 · EIN 63-1184869 307 UNIVERSITY BOULEVARD NORTH · MOBILE, AL 36688	Recordkeeping	$7,484

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$737 / participant

Investment mgmt$23K74.8%
Contract admin$8K25.2%

% of EOY assets

1.194%

all-in expense ratio

Categories reported

2 / 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: CRABTREE, ROWE & BERGER, P.C.
Auditor EIN: 721541717
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,747

$72,177-60.2%

$115,038-75.0%

$59,633-51.8%

Participation rate

78.0%

72.6%+5.5pp

81.4%-3.3pp

68.7%+9.4pp

Annual return

-2.57%

12.02%-14.6pp

26.14%-28.7pp

2041.45%-2044.0pp

Employer contribution / active EE

$1,764

$2,841-37.9%

$4,608-61.7%

$2,203-19.9%

Participant deferral / active EE

$4,180

$4,783-12.6%

$6,026-30.6%

$3,192+31.0%

Admin fee / account holder

$343

$4,927-93.0%

$8,175-95.8%

$4,297-92.0%

Provider

Service type

Compensation

SMITH & HOWARD, PC1+ years

Filed as: G.L. SMITH AND ASSOCIATES

Service code 26 · EIN 63-1009019

200 CLINTON AVENUE, SUITE 707 · HUNTSVILLE, AL 35801

Advisory (Participants)

$18,128

DAILYACCESS CORPORATION1+ years

Service code 15 · EIN 63-1184869

307 UNIVERSITY BOULEVARD NORTH · MOBILE, AL 36688

Recordkeeping

$7,484

SEI GROUP, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEI GROUP, INC. 401K 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