Retirement plan

SEI GROUP, INC. 401K PLAN

Name: SEI GROUP, INC. - SEI GROUP, INC. 401K PLAN (2017) 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 2017

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)

$2.7M

-1.1% from 2016

Total participants

-9.9% from 2016

Average account balance

$29,829

+6.6% from 2016

Annual return

7.88%

+10.49 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP Service code 15 · EIN 63-1184869 307 UNIVERSITY BOULEVARD NORTH · MOBILE, AL 36688	Recordkeeping	$17,297
SMITH & HOWARD, PC3+ years Filed as: G.L. SMITH AND ASSOCIATES Service code 26 · EIN 63-1009019 200 CLINTON AVENUE, SUITE 707 · HUNTSVILLE, AL 35801	Advisory (Participants)	$10,354

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

$31K

$713 / participant

Investment mgmt$10K33.0%
Other / not subdivided$21K67.0%

% of EOY assets

1.182%

all-in expense ratio

Categories reported

1 / 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

$29,829

$85,766-65.2%

$136,298-78.1%

$70,126-57.5%

Participation rate

95.5%

74.2%+21.3pp

81.9%+13.5pp

69.5%+25.9pp

Annual return

7.88%

31.46%-23.6pp

5156.27%-5148.4pp

73.15%-65.3pp

Employer contribution / active EE

$2,243

$2,966-24.4%

$4,696-52.2%

$2,343-4.2%

Participant deferral / active EE

$3,511

$5,051-30.5%

$6,247-43.8%

$3,332+5.4%

Admin fee / account holder

$353

$5,421-93.5%

$9,244-96.2%

$4,645-92.4%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT GROUP

Service code 15 · EIN 63-1184869

307 UNIVERSITY BOULEVARD NORTH · MOBILE, AL 36688

Recordkeeping

$17,297

SMITH & HOWARD, PC3+ years

Filed as: G.L. SMITH AND ASSOCIATES

Service code 26 · EIN 63-1009019

200 CLINTON AVENUE, SUITE 707 · HUNTSVILLE, AL 35801

Advisory (Participants)

$10,354

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