Retirement plan

SATOH BROTHERS INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Name: SATOH BROTHERS INTERNATIONAL, INC. - SATOH BROTHERS INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SATOH BROTHERS INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SATOH BROTHERS INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN, SATOH BROTHERS INTERNATIONAL, INC.

SATOH BROTHERS INTERNATIONAL, INC.EIN 95-4166488Plan #001PY 2016

879 W. 190TH ST., SUITE 935 - GARDENA, CA 90248310-768-2700satohbrothers.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$826K

+20.3% from 2015

Total participants

+23.1% from 2015

Average account balance

$59,022

+11.7% from 2015

Annual return

6.77%

+8.91 pp from 2015

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.13M

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.

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+7.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15031

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 codes2E2G2J3D

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.
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

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

$12K

$846 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.433%

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

$59,022

$131,835-55.2%

$108,582-45.6%

$273,972-78.5%

Participation rate

85.7%

83.5%+2.3pp

79.6%+6.1pp

83.0%+2.7pp

Annual return

6.77%

-91.57%+98.3pp

-51.70%+58.5pp

41.46%-34.7pp

Employer contribution / active EE

$4,762

$4,913-3.1%

$3,758+26.7%

$4,869-2.2%

Participant deferral / active EE

$2,489

$5,127-51.5%

$4,311-42.3%

$5,287-52.9%

Admin fee / account holder

$846

$10,253-91.8%

$7,645-88.9%

$10,133-91.7%

SATOH BROTHERS INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SATOH BROTHERS INTERNATIONAL, INC. 401(K) 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