Retirement plan

SILVER SADDLE ENTERPRISES OF TUCSON, INC. EMPLOYEES SAVINGS TRUST

Name: SILVER SADDLE ENTERPRISES OF TUCSON, INC. - SILVER SADDLE ENTERPRISES OF TUCSON, INC. EMPLOYEES SAVINGS TRUST (2024) Form 5500
Creator: SILVER SADDLE ENTERPRISES OF TUCSON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVER SADDLE ENTERPRISES OF TUCSON, INC. EMPLOYEES SAVINGS TRUST, SILVER SADDLE ENTERPRISES OF TUCSON, INC.

SILVER SADDLE ENTERPRISES OF TUCSON, INC.EIN 86-0573986Plan #001PY 2024

310 EAST BENSON HWY. - TUCSON, AZ 85713520-622-6253

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$544K

-7.6% from 2023

Total participants

-4.2% from 2023

Average account balance

$27,213

-7.6% from 2023

Annual return

11.33%

+4.61 pp from 2023

Benchmarks

See 14,016 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort14,016 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$544K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7732

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$155K

$7732 / participant

Other / not subdivided$155K100.0%

% of EOY assets

28.414%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,213

$76,522-64.4%

$56,033-51.4%

$145,884-81.3%

Participation rate

85.0%

63.2%+21.8pp

52.5%+32.5pp

80.3%+4.7pp

Annual return

11.33%

3014.28%-3002.9pp

1711.38%-1700.0pp

551.85%-540.5pp

Employer contribution / active EE

$1,455

$1,382+5.3%

$1,041+39.8%

$4,662-68.8%

Participant deferral / active EE

$1,019

$2,624-61.2%

$1,954-47.9%

$6,690-84.8%

Admin fee / account holder

$7,732

$3,328+132.3%

$2,827+173.5%

$13,392-42.3%

SILVER SADDLE ENTERPRISES OF TUCSON, INC. EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVER SADDLE ENTERPRISES OF TUCSON, INC. EMPLOYEES SAVINGS TRUST

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