Retirement plan

SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN

Name: SIERRA-CEDAR COMPANIES, LLC - SIERRA-CEDAR COMPANIES, LLC 401(K) PLAN (2022) 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 2022

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$243.7M

-4.1% from 2021

Total participants

1,032

+8.1% from 2021

Average account balance

$239,412

-11.6% from 2021

Annual return

-19.06%

+2.59 pp from 2021

Benchmarks

See 3,158 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,158 peers

Snapshot2022

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$25,000
PORTFOLIO EVALUATIONS, INC.3+ years Service code 27 · EIN 22-3189064	Advisory (Plan)	$25,000
EPIC RETIREMENT PLAN SERVICES1 year Filed as: MHM Service code 10 · EIN 34-1846498	Accounting	$16,483
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 10 · EIN 11-3665754	Accounting	$5,000
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	-$260,875

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$239,412

$82,188+191.3%

$125,401+90.9%

$64,829+269.3%

Participation rate

96.7%

77.9%+18.8pp

82.4%+14.3pp

71.5%+25.2pp

Annual return

-19.06%

3.50%-22.6pp

572.53%-591.6pp

32.85%-51.9pp

Employer contribution / active EE

$8,293

$3,617+129.3%

$4,816+72.2%

$2,507+230.8%

Participant deferral / active EE

$12,291

$7,177+71.3%

$7,448+65.0%

$4,312+185.1%

Admin fee / account holder

-$187

$163-214.8%

$10,008-101.9%

$188-199.7%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$25,000

PORTFOLIO EVALUATIONS, INC.3+ years

Service code 27 · EIN 22-3189064

Advisory (Plan)

$25,000

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: MHM

Service code 10 · EIN 34-1846498

Accounting

$16,483

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 10 · EIN 11-3665754

Accounting

$5,000

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$260,875

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