Retirement plan

SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN

Name: SLAKEY BROTHERS, INC. - SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN (2020) Form 5500
Creator: SLAKEY BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN, SLAKEY BROTHERS, INC.

SLAKEY BROTHERS, INC.EIN 94-2192959Plan #004PY 2020

P.O. BOX 15647 - SACRAMENTO, CA 958521647916-478-2000LinkedIn1-10 employees

Other plans on this EIN

2 filings

#002Retirement--#003Retirement--

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed October 18, 2004

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$47M

+13.2% from 2019

Total participants

638

-1.4% from 2019

Average account balance

$77,217

+17.6% from 2019

Annual return

20.31%

-39.32 pp from 2019

Benchmarks

See 1,266 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,266 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.58M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

650

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.84M

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

+12.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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
NWPS2 years Service code 15 · EIN 91-2090931 4025 DELRIDGE WAY SW · SEATTLE, WA 98106	Recordkeeping	$64,948
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 42-1558009 211 MAIN STREET · SAN FRANSISCO, CA 94105	Securities Custodian	$13,197
SABEY CPA, PLLC1 year Service code 10 · EIN 83-2111556 PO BOX #53 · MERCER ISLAND, WA 98040	Accounting	$10,000
CROWE LLP2 years Service code 10 · EIN 35-0921680 PO BOX 51660 · LOS ANGELES, CA 90051	Accounting	$7,200

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H

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.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$95K

$202 / participant

Contract admin$65K68.1%
Other / not subdivided$30K31.9%

% of EOY assets

0.203%

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: SABEY CPA, PLLC
Auditor EIN: 832111556
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,217

$78,419-1.5%

$133,971-42.4%

$73,412+5.2%

Participation rate

93.8%

78.6%+15.2pp

79.8%+14.0pp

72.2%+21.7pp

Annual return

20.31%

33.35%-13.0pp

45.09%-24.8pp

59.30%-39.0pp

Employer contribution / active EE

$1,304

$2,044-36.2%

$3,919-66.7%

$2,234-41.6%

Participant deferral / active EE

$4,559

$3,925+16.2%

$5,047-9.7%

$3,806+19.8%

Admin fee / account holder

$157

$161-3.0%

$8,929-98.2%

$158-0.8%

Provider

Service type

Compensation

NWPS2 years

Service code 15 · EIN 91-2090931

4025 DELRIDGE WAY SW · SEATTLE, WA 98106

Recordkeeping

$64,948

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 42-1558009

211 MAIN STREET · SAN FRANSISCO, CA 94105

Securities Custodian

$13,197

SABEY CPA, PLLC1 year

Service code 10 · EIN 83-2111556

PO BOX #53 · MERCER ISLAND, WA 98040

Accounting

$10,000

CROWE LLP2 years

Service code 10 · EIN 35-0921680

PO BOX 51660 · LOS ANGELES, CA 90051

Accounting

$7,200

SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN

Top hat statement on fileNQDC

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