Retirement plan

SHN RETIREMENT PLAN

Name: SHN CONSULTING ENGINEERS & GEOLOGISTS INC - SHN RETIREMENT PLAN (2024) Form 5500
Creator: SHN CONSULTING ENGINEERS & GEOLOGISTS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHN RETIREMENT PLAN, SHN CONSULTING ENGINEERS & GEOLOGISTS INC

SHN CONSULTING ENGINEERS & GEOLOGISTS INCEIN 94-2571944Plan #001PY 2024

812 WEST WABASH AVENUE - EUREKA, CA 955012138707-441-8855

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$15.4M

+10.6% from 2023

Total participants

131

-5.1% from 2023

Average account balance

$122,448

+8.8% from 2023

Annual return

9.80%

-4.98 pp from 2023

Benchmarks

See 28,877 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,877 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.43M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

126

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$950K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$640

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Filed as: ASCENSUS TRUST COMPANY Service code 12 · EIN 45-0404698	Claims processing; Investment managem...	$78,645

Plan features & details

Pension benefit codes2E2G2J2K3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$81K

$832 / participant

Investment mgmt$79K97.5%
Contract admin$2K2.5%

% of EOY assets

0.523%

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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,448

$102,429+19.5%

$147,096-16.8%

$80,925+51.3%

Participation rate

94.8%

75.9%+19.0pp

82.2%+12.7pp

67.7%+27.2pp

Annual return

9.80%

135.02%-125.2pp

419.75%-409.9pp

35.65%-25.8pp

Employer contribution / active EE

$3,034

$3,716-18.3%

$4,936-38.5%

$2,756+10.1%

Participant deferral / active EE

$6,759

$6,649+1.7%

$8,071-16.3%

$4,299+57.2%

Admin fee / account holder

$640

$7,957-92.0%

$13,005-95.1%

$6,940-90.8%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: ASCENSUS TRUST COMPANY

Service code 12 · EIN 45-0404698

Claims processing; Investment managem...

$78,645

SHN RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHN 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