Retirement plan

STERLING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: STERLING INTERNATIONAL, INC. - STERLING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: STERLING INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STERLING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST, STERLING INTERNATIONAL, INC.

STERLING INTERNATIONAL, INC.EIN 91-1175275Plan #001PY 2024

3808 N SULLIVAN ROAD BUILDING 16 - SPOKANE, WA 99216509-926-6766

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.3M

+16.8% from 2023

Total participants

252

+14.5% from 2023

Average account balance

$52,415

+6.8% from 2023

Annual return

14.67%

-6.27 pp from 2023

Benchmarks

See 1,848 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,848 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.34M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

140

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.

54.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$900K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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 1 by compensation

Provider	Service type	Compensation
EMPLOYEE FIDUCIARY, LLC5 years Filed as: EMPLOYEE FIDUCIARY Service code 15 P.O. BOX 3144 · MOBILE, AL 36652	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2J2R2T3D2G2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$9 / participant

Other trustee fees$2K100.0%

% of EOY assets

0.032%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANASTASI MOORE MARTIN
Auditor EIN: 208149084
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,415

$78,562-33.3%

$105,608-50.4%

$74,429-29.6%

Participation rate

54.3%

72.8%-18.5pp

75.3%-21.0pp

67.2%-12.9pp

Annual return

14.67%

15.94%-1.3pp

116.50%-101.8pp

1368.38%-1353.7pp

Employer contribution / active EE

$1,321

$2,521-47.6%

$3,167-58.3%

$2,625-49.7%

Participant deferral / active EE

$2,352

$4,321-45.6%

$5,010-53.1%

$4,348-45.9%

Admin fee / account holder

$17

$2,217-99.3%

$11,028-99.8%

$1,944-99.1%

Provider

Service type

Compensation

EMPLOYEE FIDUCIARY, LLC5 years

Filed as: EMPLOYEE FIDUCIARY

Service code 15

P.O. BOX 3144 · MOBILE, AL 36652

Recordkeeping

STERLING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STERLING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & 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