Retirement plan

THE SUNSHINE RECYCLERS 401K PLAN

Name: SUNSHINE RECYCLERS, INC. - THE SUNSHINE RECYCLERS 401K PLAN (2018) Form 5500
Creator: SUNSHINE RECYCLERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SUNSHINE RECYCLERS 401K PLAN, SUNSHINE RECYCLERS, INC.

SUNSHINE RECYCLERS, INC.EIN 91-2014940Plan #003PY 2018

920 N. ARGONNE RD., SUITE 300 - SPOKANE VALLEY, WA 99212509-252-9060yelp.com/biz/srs-sunshine-recycling-services-miamiLinkedIn1-10 employeesrenewables & environment

Prospect flagsLow returnsRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.3M

+2.6% from 2017

Total participants

122

+23.2% from 2017

Average account balance

$28,826

-12.4% from 2017

Annual return

-10.71%

-26.64 pp from 2017

Benchmarks

See 1,003 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,003 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.02M

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.

155

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.

79.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$809K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$274

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 2 by compensation

Provider	Service type	Compensation
PENTEGRA SERVICES, INC.1 year Filed as: PENTEGRA SERVICES INC. Service code 15 · EIN 13-3745616 701 WESTCHESTER AVENUE · WHITE PLAINS, NY 10604	Recordkeeping	$2,367
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES Service code 31 601 W. RIVERSIDE AVENUE · SPOKANE, WA 99201	Named fiduciary; Investment managemen...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$22K

$194 / participant

Investment mgmt$11K48.8%
Contract admin$11K51.2%

% of EOY assets

0.656%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTON LARSON ALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,826

$33,067-12.8%

$76,518-62.3%

$56,289-48.8%

Participation rate

94.7%

55.4%+39.3pp

68.0%+26.7pp

69.9%+24.8pp

Annual return

-10.71%

2.72%-13.4pp

-0.27%-10.4pp

-9.96%-0.8pp

Employer contribution / active EE

$2,767

$1,200+130.5%

$2,647+4.5%

$2,111+31.1%

Participant deferral / active EE

$2,941

$2,240+31.3%

$3,836-23.3%

$3,350-12.2%

Admin fee / account holder

$189

$537-64.8%

$4,849-96.1%

$521-63.7%

Provider

Service type

Compensation

PENTEGRA SERVICES, INC.1 year

Filed as: PENTEGRA SERVICES INC.

Service code 15 · EIN 13-3745616

701 WESTCHESTER AVENUE · WHITE PLAINS, NY 10604

Recordkeeping

$2,367

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES

Service code 31

601 W. RIVERSIDE AVENUE · SPOKANE, WA 99201

Named fiduciary; Investment managemen...

THE SUNSHINE RECYCLERS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SUNSHINE RECYCLERS 401K 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