Retirement plan

SOUTHERN SOIL ENVIRONMENTAL, INC. PROFIT SHARING PLAN & TRUST

Name: SOUTHERN SOIL ENVIRONMENTAL, INC. - SOUTHERN SOIL ENVIRONMENTAL, INC. PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: SOUTHERN SOIL ENVIRONMENTAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN SOIL ENVIRONMENTAL, INC. PROFIT SHARING PLAN & TRUST, SOUTHERN SOIL ENVIRONMENTAL, INC.

SOUTHERN SOIL ENVIRONMENTAL, INC.EIN 72-1161841Plan #002PY 2018

430 TIMBERS EAST DRIVE - HAUGHTON, LA 71037318-949-1501LinkedIn11-50 employeesoil & energy

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

-5.8% from 2017

Total participants

-2.6% from 2017

Average account balance

$77,724

-3.2% from 2017

Annual return

-5.51%

-17.39 pp from 2017

Benchmarks

See 545 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort545 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.06M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13622

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 codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$163K

$5417 / participant

Other / not subdivided$163K100.0%

% of EOY assets

5.808%

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

$77,724

$71,480+8.7%

$90,782-14.4%

$64,173+21.1%

Participation rate

96.7%

77.6%+19.1pp

82.7%+14.0pp

69.6%+27.1pp

Annual return

-5.51%

-4.25%-1.3pp

-3.42%-2.1pp

7.63%-13.1pp

Employer contribution / active EE

$1,704

$3,415-50.1%

$4,105-58.5%

$2,381-28.4%

Participant deferral / active EE

$3,373

$4,302-21.6%

$5,366-37.1%

$3,470-2.8%

Admin fee / account holder

$4,514

$6,309-28.4%

$5,908-23.6%

$4,887-7.6%

SOUTHERN SOIL ENVIRONMENTAL, INC. PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN SOIL ENVIRONMENTAL, INC. PROFIT SHARING PLAN & TRUST

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