Retirement plan

SEMA 401(K) SAVINGS PLAN

Name: SPECIALTY EQUIPMENT MARKET ASSOCIATION - SEMA 401(K) SAVINGS PLAN (2020) Form 5500
Creator: SPECIALTY EQUIPMENT MARKET ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEMA 401(K) SAVINGS PLAN, SPECIALTY EQUIPMENT MARKET ASSOCIATION

SPECIALTY EQUIPMENT MARKET ASSOCIATIONEIN 95-2544340Plan #002PY 2020

1575 SOUTH VALLEY VISTA DRIVE, - DIAMOND BAR, CA 91765909-978-6683sema.orgLinkedIn51-200 employeesautomotive

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed June 9, 2005

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)

$28.1M

+10.3% from 2019

Total participants

216

+5.9% from 2019

Average account balance

$130,830

+3.6% from 2019

Annual return

4.14%

-3.07 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.50M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

271

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

$2.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$320

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 5 by compensation

Provider	Service type	Compensation
NATIONAL BENEFIT SERVICES, LLC5+ years Service code 49 · EIN 20-3886994	Other Services	$19,199
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY GLOBAL BANKING OP Service code 99 · EIN 51-0116113	Other Fees	$16,678
PENSION ASSURANCE LLP4 years Service code 99 · EIN 30-0840393	Other Fees	$6,500
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$5,910
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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: PENSION ASSURANCE, LLP
Auditor EIN: 300840393
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,830

$99,957+30.9%

$149,745-12.6%

$73,497+78.0%

Participation rate

99.4%

75.7%+23.7pp

82.5%+16.9pp

70.7%+28.7pp

Annual return

4.14%

53.87%-49.7pp

276.72%-272.6pp

28.51%-24.4pp

Employer contribution / active EE

$6,386

$3,191+100.1%

$4,646+37.5%

$2,270+181.3%

Participant deferral / active EE

$7,282

$6,073+19.9%

$6,843+6.4%

$3,740+94.7%

Admin fee / account holder

$551-100.0%

$9,312-100.0%

$513-100.0%

Provider

Service type

Compensation

NATIONAL BENEFIT SERVICES, LLC5+ years

Service code 49 · EIN 20-3886994

Other Services

$19,199

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY GLOBAL BANKING OP

Service code 99 · EIN 51-0116113

Other Fees

$16,678

PENSION ASSURANCE LLP4 years

Service code 99 · EIN 30-0840393

Other Fees

$6,500

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

$5,910

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

SEMA 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SEMA 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion