Retirement plan

SCOTT COMPANIES PROFIT SHARING PLAN

Name: SCOTT EQUIPMENT COMPANY, LLC - SCOTT COMPANIES PROFIT SHARING PLAN (2015) Form 5500
Creator: SCOTT EQUIPMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT COMPANIES PROFIT SHARING PLAN, SCOTT EQUIPMENT COMPANY, LLC

SCOTT EQUIPMENT COMPANY, LLCEIN 72-6029611Plan #001PY 2015

P.O. BOX 4948 - MONROE, LA 71201318-387-4160scottcompanies.comLinkedIn501-1000 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$28.8M

No prior year

Total participants

602

No prior year

Average account balance

$48,405

No prior year

Annual return

-0.48%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.47M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

448

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.89M

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

+13.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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 1 by compensation

Provider	Service type	Compensation
JPMORGAN INVEST HOLDINGS LLC1+ years Service code 64 · EIN 71-0930784	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
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.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

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, L.L.C.
Auditor EIN: 720398470
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,405

$57,096-15.2%

$94,229-48.6%

$55,191-12.3%

Participation rate

98.7%

75.7%+23.0pp

78.8%+19.9pp

69.2%+29.5pp

Annual return

-0.48%

159.65%-160.1pp

10.68%-11.2pp

10.78%-11.3pp

Employer contribution / active EE

$2,309

$1,708+35.2%

$3,587-35.6%

$1,899+21.6%

Participant deferral / active EE

$3,629

$3,165+14.7%

$4,320-16.0%

$3,046+19.1%

Admin fee / account holder

$89-100.0%

$6,269-100.0%

$91-100.0%

Provider

Service type

Compensation

JPMORGAN INVEST HOLDINGS LLC1+ years

Service code 64 · EIN 71-0930784

Recordkeeping Fees

SCOTT COMPANIES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SCOTT COMPANIES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion