Retirement plan

SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST

Name: SLETTEN, INC. - SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST (2019) Form 5500
Creator: SLETTEN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST, SLETTEN, INC.

SLETTEN, INC.EIN 81-0418015Plan #005PY 2019

P. O. BOX 2467 - GREAT FALLS, MT 594032467406-761-7920

Other plans on this EIN

1 filing

#002Retirement-$46.0M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$18.9M

+15.4% from 2018

Total participants

280

+4.5% from 2018

Average account balance

$135,665

+5.4% from 2018

Annual return

22.46%

+24.99 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.56M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

183

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.

36.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

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

+17.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$279

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 2 by compensation

Provider	Service type	Compensation
EDWARD JONES3 years Service code 27 · EIN 43-0345811 12555 MANCHESTER RD · ST. LOUIS, MO 63131	Advisory (Plan)	$33,906
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$1,058

Plan features & details

Pension benefit codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$7 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JCCS
Auditor EIN: 810348775
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,665

$66,601+103.7%

$92,903+46.0%

$67,579+100.8%

Participation rate

45.6%

72.5%-26.9pp

76.0%-30.4pp

71.3%-25.7pp

Annual return

22.46%

92.58%-70.1pp

109.43%-87.0pp

378.56%-356.1pp

Employer contribution / active EE

$2,775-100.0%

$3,653-100.0%

$2,148-100.0%

Participant deferral / active EE

$3,169

$3,157+0.4%

$4,238-25.2%

$3,539-10.5%

Admin fee / account holder

$13

$199-93.7%

$5,795-99.8%

$142-91.2%

Provider

Service type

Compensation

EDWARD JONES3 years

Service code 27 · EIN 43-0345811

12555 MANCHESTER RD · ST. LOUIS, MO 63131

Advisory (Plan)

$33,906

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$1,058

SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST

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