Retirement plan

SRTV HOLDINGS LLC 401(K) PROGRAM

Name: SRTV HOLDINGS LLC - SRTV HOLDINGS LLC 401(K) PROGRAM (2020) Form 5500
Creator: SRTV HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SRTV HOLDINGS LLC 401(K) PROGRAM, SRTV HOLDINGS LLC

SRTV HOLDINGS LLCEIN 83-0971353Plan #001PY 2020

10752 DEERWOOD PARK BLVD., SUITE 300 - JACKSONVILLE, FL 32256904-626-7892LinkedIn501-1000 employeestransportation/trucking/railroad

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$18.3M

+9.6% from 2019

Total participants

1,001

+0.3% from 2019

Average account balance

$24,421

+4.8% from 2019

Annual return

13.71%

-9.56 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.16M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

457

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.

81.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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 4 by compensation

Provider	Service type	Compensation
WILLIAM BLAIR1 year Filed as: WILLIAM E HAMM AND ASSOCIATES, INC. Service code 99	Other Fees	$47,607
MORNINGSTAR3+ years Service code 27	Advisory (Plan)	$2,890
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$0
WILLIAM BLAIR1 year Filed as: WILLIAM E HAMM AND ASSOCIATES, INC Service code 99 · EIN 59-3331424	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$35 / participant

Contract admin$21K100.0%

% of EOY assets

0.113%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ENNIS PELLUM & ASSOCIATES, CPAS
Auditor EIN: 591843700
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,421

$51,288-52.4%

$81,982-70.2%

$73,412-66.7%

Participation rate

57.8%

64.0%-6.2pp

69.3%-11.5pp

72.2%-14.4pp

Annual return

13.71%

29.48%-15.8pp

41.31%-27.6pp

59.30%-45.6pp

Employer contribution / active EE

$410

$1,487-72.4%

$2,498-83.6%

$2,234-81.6%

Participant deferral / active EE

$2,415

$2,715-11.1%

$3,722-35.1%

$3,806-36.6%

Admin fee / account holder

$27

$125-78.1%

$5,665-99.5%

$158-82.6%

Provider

Service type

Compensation

WILLIAM BLAIR1 year

Filed as: WILLIAM E HAMM AND ASSOCIATES, INC.

Service code 99

Other Fees

$47,607

MORNINGSTAR3+ years

Service code 27

Advisory (Plan)

$2,890

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

WILLIAM BLAIR1 year

Filed as: WILLIAM E HAMM AND ASSOCIATES, INC

Service code 99 · EIN 59-3331424

Other Fees

SRTV HOLDINGS LLC 401(K) PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SRTV HOLDINGS LLC 401(K) PROGRAM

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