Retirement plan

SHREVEPORT TRANSIT COMPANY, INC. 401K PROFIT SHARING PLAN

Name: SHREVEPORT TRANSIT MANAGEMENT, INC. - SHREVEPORT TRANSIT COMPANY, INC. 401K PROFIT SHARING PLAN (2015) Form 5500
Creator: SHREVEPORT TRANSIT MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHREVEPORT TRANSIT COMPANY, INC. 401K PROFIT SHARING PLAN, SHREVEPORT TRANSIT MANAGEMENT, INC.

SHREVEPORT TRANSIT MANAGEMENT, INC.EIN 72-1150610Plan #003PY 2015

P.O. BOX 7314 - SHREVEPORT, LA 711377314318-673-7400sportran.orgLinkedIn11-50 employeestransportation/trucking/railroad

Other plans on this EIN

2 filings

#001Retirement-$11.1M assets #002Retirement-$377K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$1M

No prior year

Total participants

132

No prior year

Average account balance

$7,717

No prior year

Annual return

-0.65%

No prior year

Benchmarks

See 3,171 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,171 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$88 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.804%

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: HEARD, MCELROY & VESTAL, CPA'S
Auditor EIN: 720398470
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,717

$44,850-82.8%

$60,547-87.3%

$59,633-87.1%

Participation rate

98.9%

59.5%+39.4pp

68.0%+31.0pp

68.7%+30.2pp

Annual return

-0.65%

1074.14%-1074.8pp

335.64%-336.3pp

2041.45%-2042.1pp

Employer contribution / active EE

$495

$1,462-66.1%

$2,419-79.5%

$2,203-77.5%

Participant deferral / active EE

$638

$2,230-71.4%

$3,328-80.8%

$3,192-80.0%

Admin fee / account holder

$62

$3,635-98.3%

$4,536-98.6%

$4,297-98.6%

SHREVEPORT TRANSIT COMPANY, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHREVEPORT TRANSIT COMPANY, INC. 401K 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