Retirement plan

SUMMIT PROFESSIONAL BUILDERS, INC. 401(K) PROFIT SHARING PLAN

Name: SUMMIT PROFESSIONAL BUILDERS, INC. - SUMMIT PROFESSIONAL BUILDERS, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SUMMIT PROFESSIONAL BUILDERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMMIT PROFESSIONAL BUILDERS, INC. 401(K) PROFIT SHARING PLAN, SUMMIT PROFESSIONAL BUILDERS, INC.

SUMMIT PROFESSIONAL BUILDERS, INC.EIN 68-0464326Plan #001PY 2019

1010 SIR FRANCIS DRAKE BLVD., SUITE - KENTFIELD, CA 94904415-454-3280spb-inc.comLinkedIn11-50 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$925K

+63.1% from 2018

Total participants

+33.3% from 2018

Average account balance

$35,577

+31.7% from 2018

Annual return

15.89%

+23.68 pp from 2018

Benchmarks

See 40,731 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,731 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.81M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

161.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1143

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 codes2E2G2J3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$181 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.371%

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

$35,577

$107,363-66.9%

$92,909-61.7%

$152,897-76.7%

Participation rate

89.5%

79.8%+9.7pp

76.0%+13.5pp

82.5%+7.0pp

Annual return

15.89%

145.63%-129.7pp

109.44%-93.5pp

345.43%-329.5pp

Employer contribution / active EE

$11,510

$4,222+172.6%

$3,653+215.0%

$4,764+141.6%

Participant deferral / active EE

$2,574

$4,848-46.9%

$4,238-39.3%

$5,851-56.0%

Admin fee / account holder

$132

$7,082-98.1%

$5,795-97.7%

$11,599-98.9%

SUMMIT PROFESSIONAL BUILDERS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMMIT PROFESSIONAL BUILDERS, INC. 401(K) 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