Retirement plan

SAES GETTERS 401(K) PLAN

Name: SAES GETTERS USA, INC. - SAES GETTERS 401(K) PLAN (2023) Form 5500
Creator: SAES GETTERS USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAES GETTERS 401(K) PLAN, SAES GETTERS USA, INC.

SAES GETTERS USA, INC.EIN 83-0534075Plan #002PY 2023

1122 E CHEYENNE MOUNTAIN BLVD - COLORADO SPRINGS, CO 80906719-527-4166LinkedIn51-200 employeesdefense & space

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27.1M

+13.8% from 2022

Total participants

176

0.0% from 2022

Average account balance

$159,603

+14.4% from 2022

Annual return

15.26%

+30.87 pp from 2022

Benchmarks

See 14,466 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,466 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$32.74M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

170

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY5 years Service code 13 · EIN 42-0127290	Contract Administrator	$30,580
GLOBAL RETIREMENT PARTNERS LLC5 years Service code 27 · EIN 47-1411118	Advisory (Plan)	$11,060

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3D3F3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$31K

$319 / participant

Contract admin$31K100.0%

% of EOY assets

0.113%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CAUSEY DEMGEN & MOORE P.C.
Auditor EIN: 841158905
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,603

$80,968+97.1%

$96,544+65.3%

$75,163+112.3%

Participation rate

93.8%

71.8%+22.0pp

76.0%+17.8pp

67.2%+26.6pp

Annual return

15.26%

27.06%-11.8pp

25.84%-10.6pp

160.62%-145.4pp

Employer contribution / active EE

$7,194

$2,282+215.3%

$2,965+142.6%

$2,670+169.5%

Participant deferral / active EE

$8,440

$3,928+114.9%

$4,851+74.0%

$4,125+104.6%

Admin fee / account holder

$180

$6,724-97.3%

$8,252-97.8%

$5,651-96.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY5 years

Service code 13 · EIN 42-0127290

Contract Administrator

$30,580

GLOBAL RETIREMENT PARTNERS LLC5 years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$11,060

SAES GETTERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAES GETTERS 401(K) 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