Retirement plan

SOURDOUGH EXPRESS, INC. 401(K) SAVINGS PLAN AND TRUST

Name: SOURDOUGH EXPRESS, INC. - SOURDOUGH EXPRESS, INC. 401(K) SAVINGS PLAN AND TRUST (2021) Form 5500
Creator: SOURDOUGH EXPRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOURDOUGH EXPRESS, INC. 401(K) SAVINGS PLAN AND TRUST, SOURDOUGH EXPRESS, INC.

SOURDOUGH EXPRESS, INC.EIN 92-0025447Plan #003PY 2021

P.O. BOX 73398 - FAIRBANKS, AK 997073398907-452-1181sourdoughexpress.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$7.3M

+9.3% from 2020

Total participants

125

-5.3% from 2020

Average account balance

$121,791

+9.3% from 2020

Annual return

13.36%

-3.88 pp from 2020

Benchmarks

See 132 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort132 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.25M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

100

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.

80.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$663K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4215

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 codes2E2J2F2G3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$225

$2 / participant

Contract admin$225100.0%

% of EOY assets

0.003%

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: WINDES, INC.
Auditor EIN: 953001179
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,791

$39,195+210.7%

$98,775+23.3%

$79,391+53.4%

Participation rate

37.5%

59.8%-22.3pp

65.7%-28.2pp

70.7%-33.2pp

Annual return

13.36%

19.95%-6.6pp

49.92%-36.6pp

116.88%-103.5pp

Employer contribution / active EE

$548

$1,334-58.9%

$2,067-73.5%

$2,428-77.4%

Participant deferral / active EE

$2,277

$2,333-2.4%

$3,035-25.0%

$4,046-43.7%

Admin fee / account holder

$365-99.0%

$4,076-99.9%

$627-99.4%

SOURDOUGH EXPRESS, INC. 401(K) SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOURDOUGH EXPRESS, INC. 401(K) SAVINGS 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