Retirement plan

SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST

Name: SHANNON & WILSON, INC. - SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST (2023) Form 5500
Creator: SHANNON & WILSON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST, SHANNON & WILSON, INC.

SHANNON & WILSON, INC.EIN 91-0745357Plan #333PY 2023

PO BOX 300303 - SEATTLE, WA 981038600206-632-8020shannonwilson.comLinkedIn201-500 employeescivil engineering

Other plans on this EIN

1 filing

#002Retirement-$35.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$116.4M

+23.4% from 2022

Total participants

559

+10.9% from 2022

Average account balance

$216,357

+13.0% from 2022

Annual return

32.21%

+50.10 pp from 2022

Benchmarks

See 3,234 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$129.95M

Not enough data

1 years with asset history on file

Average account balance

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

$234K

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.

556

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+18.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259

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
RBC WEALTH MANAGEMENT9+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$47,500
MERRILL LYNCH PIERCE FENNER & SMITH9+ years Filed as: MERRILL LYNCH, PIERCE, FENNER&SMITH Service code 26 1215 4TH AVE SUITE 2600 · SEATTLE, WA 98161	Advisory (Participants)	$16,114
BAIRD FUNDS9+ years Filed as: ROBERT W. BAIRD Service code 26 · EIN 39-6037917	Advisory (Participants)	$12,649
NWPS3 years Service code 15 · EIN 91-2090931	Recordkeeping	$6,510

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$89K

$249 / participant

Recordkeeping$7K7.3%
Investment mgmt$81K91.3%
Other / not subdivided$1K1.4%

% of EOY assets

0.077%

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: VWC, PS
Auditor EIN: 911007261
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$216,357

$95,369+126.9%

$135,942+59.2%

$74,440+190.6%

Participation rate

94.1%

78.2%+15.9pp

81.9%+12.2pp

70.7%+23.4pp

Annual return

32.21%

32.72%-0.5pp

68.28%-36.1pp

34.37%-2.2pp

Employer contribution / active EE

$6,254

$3,878+61.3%

$4,858+28.8%

$2,638+137.1%

Participant deferral / active EE

$9,136

$7,788+17.3%

$7,759+17.7%

$4,529+101.7%

Admin fee / account holder

$166

$266-37.8%

$10,764-98.5%

$348-52.4%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT9+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$47,500

MERRILL LYNCH PIERCE FENNER & SMITH9+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER&SMITH

Service code 26

1215 4TH AVE SUITE 2600 · SEATTLE, WA 98161

Advisory (Participants)

$16,114

BAIRD FUNDS9+ years

Filed as: ROBERT W. BAIRD

Service code 26 · EIN 39-6037917

Advisory (Participants)

$12,649

NWPS3 years

Service code 15 · EIN 91-2090931

Recordkeeping

$6,510

SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND 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