Retirement plan

SOUND GENERATIONS RETIREMENT PLAN

Name: SOUND GENERATIONS - SOUND GENERATIONS RETIREMENT PLAN (2017) Form 5500
Creator: SOUND GENERATIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUND GENERATIONS RETIREMENT PLAN, SOUND GENERATIONS

SOUND GENERATIONSEIN 91-0823767Plan #002PY 2017

2208 SECOND AVENUE, SUITE 100 - SEATTLE, WA 981212055206-727-6204tonegeneratoronline.netLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.7M

+8.3% from 2016

Total participants

236

-6.0% from 2016

Average account balance

-100.0% from 2016

Annual return

13.18%

+7.49 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.99M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

250

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

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$115

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
BAC CAPITAL ADVISORS, LLC3+ years Service code 26 · EIN 91-1999591 1200 FIFTH AVENUE, SUITE 1100 · SEATTLE, WA 98101	Advisory (Participants)	$34,368
NATIONAL FINANCIAL SERVICES3+ years Filed as: NATIONAL FINANCIAL SERVICES, INC. Service code 19 · EIN 04-3523567	Securities Custodian	$5,592
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY Service code 26 TWO UNION SQUARE · SEATTLE, WA 98101	Advisory (Participants)	$3,000

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$56K

$307 / participant

Investment mgmt$40K70.8%
Contract admin$13K23.9%
Other / not subdivided$3K5.3%

% of EOY assets

0.845%

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: PETERSON SULLIVAN LLP
Auditor EIN: 910605875
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,637-100.0%

$86,582-100.0%

$62,293-100.0%

Participation rate

0.0%

67.9%-67.9pp

73.5%-73.5pp

69.5%-69.5pp

Annual return

13.18%

20.80%-7.6pp

965.08%-951.9pp

28.90%-15.7pp

Employer contribution / active EE

$2,075-100.0%

$2,839-100.0%

$2,042-100.0%

Participant deferral / active EE

$1,948

$2,611-25.4%

$3,609-46.0%

$3,169-38.5%

Admin fee / account holder

$413-100.0%

$4,904-100.0%

$479-100.0%

Provider

Service type

Compensation

BAC CAPITAL ADVISORS, LLC3+ years

Service code 26 · EIN 91-1999591

1200 FIFTH AVENUE, SUITE 1100 · SEATTLE, WA 98101

Advisory (Participants)

$34,368

NATIONAL FINANCIAL SERVICES3+ years

Filed as: NATIONAL FINANCIAL SERVICES, INC.

Service code 19 · EIN 04-3523567

Securities Custodian

$5,592

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY

Service code 26

TWO UNION SQUARE · SEATTLE, WA 98101

Advisory (Participants)

$3,000

SOUND GENERATIONS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUND GENERATIONS RETIREMENT 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