Retirement plan

SEA, LTD. 401K PLAN

Name: SEA, LTD. - SEA, LTD. 401K PLAN (2015) Form 5500
Creator: SEA, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEA, LTD. 401K PLAN, SEA, LTD.

SEA, LTD.EIN 72-1569235Plan #001PY 2015

7001 BUFFALO PARKWAY - COLUMBUS, OH 43229614-888-4160

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$36.4M

No prior year

Total participants

265

No prior year

Average account balance

$150,395

No prior year

Annual return

0.63%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.84M

Not enough data

1 years with asset history on file

Average account balance

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

$250K

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.

352

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.

88.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+19.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$428

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 5 by compensation

Provider	Service type	Compensation
THE SIEKMANN COMPANY1+ years Service code 13 · EIN 31-0995736 9000 MEMORIAL DR · PLAIN CITY, OH 43064	Contract Administrator	$19,700
BODINE PERRY1+ years Filed as: BODINE PERRY LLC Service code 10 · EIN 41-2028444 7620 OLENTANGY RIVER RD · COLUMBUS, OH 43235	Accounting	$9,705
BAKER & HOSTETLER LLP1+ years Filed as: BAKER HOSTETLER Service code 29 65 EAST STATE STREET · COLUMBUS, OH 43215	Legal	$2,890
WILMINGTON TRUST1+ years Filed as: WILMINGTON TRUST, N.A. Service code 21 · EIN 16-1486454 1100 NORTH MARKET STREET · WILMINGTON, DE 19890	Bank Trustee	$1,500
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$1,470

Plan features & details

Pension benefit codes2E2F2G2J2K3B3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$74K

$314 / participant

Contract admin$74K100.0%

% of EOY assets

0.204%

all-in expense ratio

Categories reported

1 / 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: BODINE PERRY LLC
Auditor EIN: 412028444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$150,395

$70,002+114.8%

$115,038+30.7%

$52,331+187.4%

Participation rate

90.3%

72.1%+18.2pp

81.4%+8.9pp

68.1%+22.2pp

Annual return

0.63%

4.04%-3.4pp

26.14%-25.5pp

4.54%-3.9pp

Employer contribution / active EE

$2,460

$2,715-9.4%

$4,608-46.6%

$1,882+30.8%

Participant deferral / active EE

$7,227

$4,920+46.9%

$6,026+19.9%

$3,022+139.1%

Admin fee / account holder

$307

$566-45.7%

$8,175-96.2%

$592-48.1%

Provider

Service type

Compensation

THE SIEKMANN COMPANY1+ years

Service code 13 · EIN 31-0995736

9000 MEMORIAL DR · PLAIN CITY, OH 43064

Contract Administrator

$19,700

BODINE PERRY1+ years

Filed as: BODINE PERRY LLC

Service code 10 · EIN 41-2028444

7620 OLENTANGY RIVER RD · COLUMBUS, OH 43235

Accounting

$9,705

BAKER & HOSTETLER LLP1+ years

Filed as: BAKER HOSTETLER

Service code 29

65 EAST STATE STREET · COLUMBUS, OH 43215

Legal

$2,890

WILMINGTON TRUST1+ years

Filed as: WILMINGTON TRUST, N.A.

Service code 21 · EIN 16-1486454

1100 NORTH MARKET STREET · WILMINGTON, DE 19890

Bank Trustee

$1,500

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$1,470

SEA, LTD. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEA, LTD. 401K 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