Retirement plan

SYNERGY ENTERPRISES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Name: SYNERGY ENTERPRISES, INC. - SYNERGY ENTERPRISES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: SYNERGY ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SYNERGY ENTERPRISES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN, SYNERGY ENTERPRISES, INC.

SYNERGY ENTERPRISES, INC.EIN 75-0974624Plan #002PY 2018

3900 SPRING VALLEY ROAD - ADDISON, TX 750013612972-490-7000

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$11.9M

-6.8% from 2017

Total participants

136

-2.2% from 2017

Average account balance

$87,418

-4.7% from 2017

Annual return

-10.36%

-5.56 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.43M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

119

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$592

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 3 by compensation

Provider	Service type	Compensation
ACTUARIAL SERVICES GROUP, INC.4+ years Service code 12 · EIN 75-2800849 16200 ADDISON ROAD, SUITE 120 · ADDISON, TX 75001	Participant loan processing; Claims p...	$0
BDO USA, LLP4+ years Filed as: BDO USA, LLC Service code 10 · EIN 13-5381590 6050 SOUTHWEST BLVD, SUITE 300 · FT WORTH, TX 76109	Accounting	$0
TAYLOR SECURITIES4+ years Filed as: TAYLOR STEPHENS, INC. Service code 27 105 DECKER COURT, SUITE 875 · IRVING, TX 75062	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2O2P

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.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$106 / participant

Investment mgmt$3K38.5%
Contract admin$5K61.5%

% of EOY assets

0.069%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,418

$72,404+20.7%

$110,243-20.7%

$64,173+36.2%

Participation rate

100.0%

73.3%+26.7pp

79.8%+20.2pp

69.6%+30.4pp

Annual return

-10.36%

-6.29%-4.1pp

314.76%-325.1pp

7.63%-18.0pp

Employer contribution / active EE

$15,958

$2,282+599.4%

$3,827+317.0%

$2,381+570.3%

Participant deferral / active EE

$3,255

$3,469-6.2%

$4,672-30.3%

$3,470-6.2%

Admin fee / account holder

$60

$5,664-98.9%

$8,548-99.3%

$4,887-98.8%

Provider

Service type

Compensation

ACTUARIAL SERVICES GROUP, INC.4+ years

Service code 12 · EIN 75-2800849

16200 ADDISON ROAD, SUITE 120 · ADDISON, TX 75001

Participant loan processing; Claims p...

BDO USA, LLP4+ years

Filed as: BDO USA, LLC

Service code 10 · EIN 13-5381590

6050 SOUTHWEST BLVD, SUITE 300 · FT WORTH, TX 76109

Accounting

TAYLOR SECURITIES4+ years

Filed as: TAYLOR STEPHENS, INC.

Service code 27

105 DECKER COURT, SUITE 875 · IRVING, TX 75062

Advisory (Plan)

SYNERGY ENTERPRISES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SYNERGY ENTERPRISES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP 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