Retirement plan

SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN

Name: SOUTHERN SOIL ENVIRONMENTAL, LLC - SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN (2021) Form 5500
Creator: SOUTHERN SOIL ENVIRONMENTAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN, SOUTHERN SOIL ENVIRONMENTAL, LLC

SOUTHERN SOIL ENVIRONMENTAL, LLCEIN 72-1161841Plan #002PY 2021

430 TIMBERS EAST DR - HAUGHTON, LA 710379797318-949-1501LinkedIn11-50 employeesoil & energy

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

+8.0% from 2020

Total participants

-2.6% from 2020

Average account balance

$91,409

+10.9% from 2020

Annual return

14.26%

+6.23 pp from 2020

Benchmarks

See 564 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort564 peers

Snapshot2021

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 codes2E2F2G2J3H

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.
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

$306K

$11327 / participant

Other / not subdivided$306K100.0%

% of EOY assets

9.043%

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

$91,409

$98,463-7.2%

$119,237-23.3%

$85,851+6.5%

Participation rate

100.0%

77.6%+22.4pp

82.7%+17.3pp

69.3%+30.7pp

Annual return

14.26%

38.53%-24.3pp

30.70%-16.4pp

318.63%-304.4pp

Employer contribution / active EE

$1,899

$3,698-48.6%

$4,383-56.7%

$2,565-26.0%

Participant deferral / active EE

$2,069

$4,942-58.1%

$6,112-66.1%

$3,952-47.6%

Admin fee / account holder

$8,266

$7,493+10.3%

$7,229+14.3%

$6,261+32.0%

SOUTHERN SOIL ENVIRONMENTAL, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN SOIL ENVIRONMENTAL, LLC 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