Retirement plan

SRC MANAGEMENT, INC. EMPLOYEE 401K PLAN

Name: SRC MANAGEMENT, INC. - SRC MANAGEMENT, INC. EMPLOYEE 401K PLAN (2019) Form 5500
Creator: SRC MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SRC MANAGEMENT, INC. EMPLOYEE 401K PLAN, SRC MANAGEMENT, INC.

SRC MANAGEMENT, INC.EIN 74-2995265Plan #001PY 2019

5701 W EXPRESSWAY 83 - HARLINGEN, TX 78552956-428-6607

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$168K

+73.6% from 2018

Total participants

+11.1% from 2018

Average account balance

$20,956

+51.9% from 2018

Annual return

16.81%

+11.90 pp from 2018

Benchmarks

See 15,855 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort15,855 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$588K

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+6.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1389

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 codes2E2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

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

$1K

$136 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.813%

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

$20,956

$226,135-90.7%

$182,558-88.5%

$152,909-86.3%

Participation rate

80.0%

82.5%-2.5pp

78.0%+2.0pp

82.5%-2.5pp

Annual return

16.81%

192.60%-175.8pp

148.59%-131.8pp

345.46%-328.7pp

Employer contribution / active EE

$2,017

$4,979-59.5%

$4,076-50.5%

$4,764-57.7%

Participant deferral / active EE

$3,601

$6,371-43.5%

$5,526-34.8%

$5,851-38.5%

Admin fee / account holder

$170

$10,707-98.4%

$8,594-98.0%

$11,601-98.5%

SRC MANAGEMENT, INC. EMPLOYEE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SRC MANAGEMENT, INC. EMPLOYEE 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