Retirement plan

SRK CONSULTING (U. S.), INC 401(K) PROFIT SHARING PLAN

Name: SRK CONSULTING (U.S.), INC. - SRK CONSULTING (U. S.), INC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SRK CONSULTING (U.S.), INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SRK CONSULTING (U. S.), INC 401(K) PROFIT SHARING PLAN, SRK CONSULTING (U.S.), INC.

SRK CONSULTING (U.S.), INC.EIN 84-0816430Plan #001PY 2024

999 17TH STREET, SUITE 400 - DENVER, CO 80202303-985-1333

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$23.6M

+18.8% from 2023

Total participants

158

-1.3% from 2023

Average account balance

$157,447

+14.8% from 2023

Annual return

14.08%

-2.53 pp from 2023

Benchmarks

See 6,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.62M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

150

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$675

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
GOLDMAN SACHS10+ years Filed as: AVEO CAPITAL PARTNERS, LLC Service code 27 9635 MAROON CR SUITE 440 · ENGLEWOOD, CO 80112	Advisory (Plan)	$53,454
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN, PLLC Service code 10 1098 WOODWARD AVE · DETROIT, MI 48226	Accounting	$22,500
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$21,093
MILLIMAN, INC.1 year Service code 13 · EIN 91-0675641	Contract Administrator	$17,724

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$101K

$904 / participant

Investment mgmt$61K60.3%
Contract admin$18K17.5%
Other / not subdivided$23K22.2%

% of EOY assets

0.429%

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: PLANTE MORAN
Auditor EIN: 331498605
Audit fees: $22,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$157,447

$101,499+55.1%

$147,005+7.1%

$74,546+111.2%

Participation rate

92.9%

75.5%+17.3pp

82.2%+10.7pp

67.2%+25.6pp

Annual return

14.08%

8732.34%-8718.3pp

418.76%-404.7pp

1366.03%-1352.0pp

Employer contribution / active EE

$6,869

$3,811+80.2%

$4,934+39.2%

$2,624+161.7%

Participant deferral / active EE

$13,077

$7,304+79.0%

$8,070+62.0%

$4,347+200.8%

Admin fee / account holder

$675

$1,748-61.4%

$13,006-94.8%

$1,944-65.3%

Provider

Service type

Compensation

GOLDMAN SACHS10+ years

Filed as: AVEO CAPITAL PARTNERS, LLC

Service code 27

9635 MAROON CR SUITE 440 · ENGLEWOOD, CO 80112

Advisory (Plan)

$53,454

PLANTE & MORAN, PLLC1 year

Filed as: PLANTE MORAN, PLLC

Service code 10

1098 WOODWARD AVE · DETROIT, MI 48226

Accounting

$22,500

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP LLC

Service code 28

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$21,093

MILLIMAN, INC.1 year

Service code 13 · EIN 91-0675641

Contract Administrator

$17,724

SRK CONSULTING (U. S.), INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SRK CONSULTING (U. S.), INC 401(K) PROFIT SHARING 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