Retirement plan

SIERRA PACIFIC IND EMPLOYEES' RETIREMENT PLAN

Name: SIERRA PACIFIC INDUSTRIES - SIERRA PACIFIC IND EMPLOYEES' RETIREMENT PLAN (2019) Form 5500
Creator: SIERRA PACIFIC INDUSTRIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA PACIFIC IND EMPLOYEES' RETIREMENT PLAN, SIERRA PACIFIC INDUSTRIES

SIERRA PACIFIC INDUSTRIESEIN 68-0396272Plan #001PY 2019

PO BOX 496028 - REDDING, CA 960496028530-378-8000spi-ind.comLinkedIn5001-10000 employeesbuilding materials

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$480.3M

-8.3% from 2016

Total participants

5,899

-2.0% from 2016

Average account balance

$81,605

-7.0% from 2016

Annual return

20.78%

-8.52 pp from 2016

Benchmarks

See 383 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort383 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$675.14M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

7,927

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5+ years Filed as: THE VANGUARD GROUP, INC Service code 15 · EIN 23-1945930	Recordkeeping	$113,976
ERNST & YOUNG LLP4 years Filed as: ERNST & YOUNG Service code 10 · EIN 34-6565596	Accounting	$25,000

Plan features & details

Pension benefit codes2A2E2G2J

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$145K

$29 / participant

Other / not subdivided$145K100.0%

% of EOY assets

0.030%

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: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,605

$96,403-15.4%

$93,621-12.8%

$77,775+4.9%

Participation rate

99.7%

87.6%+12.1pp

75.8%+23.9pp

73.2%+26.5pp

Annual return

20.78%

39.36%-18.6pp

32.76%-12.0pp

32.58%-11.8pp

Employer contribution / active EE

$2,667

$3,616-26.2%

$2,719-1.9%

$2,504+6.5%

Participant deferral / active EE

$4,695

$5,341-12.1%

$4,070+15.4%

$3,966+18.4%

Admin fee / account holder

$25

$90-72.5%

$7,890-99.7%

$100-75.4%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5+ years

Filed as: THE VANGUARD GROUP, INC

Service code 15 · EIN 23-1945930

Recordkeeping

$113,976

ERNST & YOUNG LLP4 years

Filed as: ERNST & YOUNG

Service code 10 · EIN 34-6565596

Accounting

$25,000

SIERRA PACIFIC IND EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA PACIFIC IND EMPLOYEES' RETIREMENT 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