Retirement plan

STEVEN LABEL CORPORATION 401K PROFIT SHARING PLAN

Name: STEVEN LABEL CORPORATION - STEVEN LABEL CORPORATION 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: STEVEN LABEL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEVEN LABEL CORPORATION 401K PROFIT SHARING PLAN, STEVEN LABEL CORPORATION

STEVEN LABEL CORPORATIONEIN 95-2049735Plan #001PY 2018

11926 BURKE STREET - SANTA FE SPRINGS, CA 90670562-698-9971stevenlabel.comLinkedIn51-200 employeesprinting

Prospect flagsHigh cashFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$6.2M

+5.7% from 2017

Total participants

197

+23.9% from 2017

Average account balance

$32,355

-15.7% from 2017

Annual return

6.82%

-7.42 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.06M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

237

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$959K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$165

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
DIGITAL RETIREMENT SOLUTIONS, INC.3 years Service code 12 · EIN 84-1477138	Sub-transfer agency fees; Contract Ad...	$1,610
NEWPORT GROUP, INC.4+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Trustee (directed); Custodial (other ...	$862

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$17 / participant

Contract admin$2K65.1%
Other / not subdivided$86234.9%

% of EOY assets

0.040%

all-in expense ratio

Categories reported

1 / 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: WHITE, NELSON, DIEHL, EVANS LLP
Auditor EIN: 330686301
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,355

$58,093-44.3%

$80,022-59.6%

$56,287-42.5%

Participation rate

97.3%

73.6%+23.7pp

75.8%+21.5pp

69.9%+27.5pp

Annual return

6.82%

34.63%-27.8pp

11.22%-4.4pp

-9.96%+16.8pp

Employer contribution / active EE

$700

$1,933-63.8%

$2,468-71.6%

$2,111-66.8%

Participant deferral / active EE

$2,847

$3,136-9.2%

$3,686-22.8%

$3,350-15.0%

Admin fee / account holder

$13

$623-97.9%

$6,521-99.8%

$521-97.5%

Provider

Service type

Compensation

DIGITAL RETIREMENT SOLUTIONS, INC.3 years

Service code 12 · EIN 84-1477138

Sub-transfer agency fees; Contract Ad...

$1,610

NEWPORT GROUP, INC.4+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Trustee (directed); Custodial (other ...

$862

STEVEN LABEL CORPORATION 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEVEN LABEL CORPORATION 401K PROFIT SHARING 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