Retirement plan

M. W. SAUSSE & CO., INC. 401(K) PLAN CO., INC. 401(K) PLAN

Name: M. W. SAUSSE & CO., INC. - M. W. SAUSSE & CO., INC. 401(K) PLAN CO., INC. 401(K) PLAN (2023) Form 5500
Creator: M. W. SAUSSE & CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M. W. SAUSSE & CO., INC. 401(K) PLAN CO., INC. 401(K) PLAN, M. W. SAUSSE & CO., INC.

M. W. SAUSSE & CO., INC.EIN 95-2121049Plan #003PY 2023

28744 WITHERSPOON PKWY - VALENCIA, CA 91355661-257-3311vibrex.netLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$5.2M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3M

+14.2% from 2022

Total participants

-31.1% from 2022

Average account balance

$106,655

+79.5% from 2022

Annual return

13.20%

+29.91 pp from 2022

Benchmarks

See 14,453 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,453 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.05M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6713

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 codes2E2F2G2J2T2R3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$124K

$3023 / participant

Other / not subdivided$124K100.0%

% of EOY assets

4.150%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,655

$80,983+31.7%

$96,544+10.5%

$75,177+41.9%

Participation rate

65.9%

71.8%-5.9pp

76.0%-10.1pp

67.2%-1.4pp

Annual return

13.20%

27.05%-13.9pp

25.88%-12.7pp

160.75%-147.5pp

Employer contribution / active EE

$1,123

$2,282-50.8%

$2,966-62.2%

$2,671-58.0%

Participant deferral / active EE

$2,455

$3,929-37.5%

$4,851-49.4%

$4,126-40.5%

Admin fee / account holder

$4,426

$6,717-34.1%

$8,254-46.4%

$5,651-21.7%

M. W. SAUSSE & CO., INC. 401(K) PLAN CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M. W. SAUSSE & CO., INC. 401(K) PLAN CO., INC. 401(K) 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