Retirement plan

SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN

Name: SIERRA-CEDAR COMPANIES, LLC - SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN (2021) Form 5500
Creator: SIERRA-CEDAR COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN, SIERRA-CEDAR COMPANIES, LLC

SIERRA-CEDAR COMPANIES, LLCEIN 85-1055558Plan #001PY 2021

1255 ALDERMAN DRIVE - ALPHARETTA, GA 30005678-385-7553

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$325.4M

-4.1% from 2021

Total participants

1,058

+8.1% from 2021

Average account balance

$309,586

-11.6% from 2021

Annual return

15.34%

+2.59 pp from 2021

Benchmarks

See 2,991 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,991 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$298.05M

Not enough data

1 years with asset history on file

Average account balance

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

$339K

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.

880

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+17.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-184

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
PORTFOLIO EVALUATIONS, INC.2+ years Service code 27 · EIN 22-3189064	Advisory (Plan)	$50,000
MAYER HOFFMAN MCCANN P.C.2+ years Service code 10 · EIN 43-1947695	Accounting	$15,383
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	-$344,148

Plan features & details

Pension benefit codes2F2E2G2J2T3D2R

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.
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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$309,586

$104,336+196.7%

$159,495+94.1%

$86,828+256.6%

Participation rate

98.3%

77.7%+20.6pp

82.8%+15.4pp

72.3%+26.0pp

Annual return

15.34%

26.32%-11.0pp

263.72%-248.4pp

97.95%-82.6pp

Employer contribution / active EE

$8,844

$3,451+156.3%

$4,831+83.1%

$2,406+267.6%

Participant deferral / active EE

$11,815

$6,837+72.8%

$7,354+60.7%

$4,132+185.9%

Admin fee / account holder

-$263

$172-252.7%

$10,804-102.4%

$170-255.1%

Provider

Service type

Compensation

PORTFOLIO EVALUATIONS, INC.2+ years

Service code 27 · EIN 22-3189064

Advisory (Plan)

$50,000

MAYER HOFFMAN MCCANN P.C.2+ years

Service code 10 · EIN 43-1947695

Accounting

$15,383

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$344,148

SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA-CEDAR COMPANIES, LLC 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