Retirement plan

SIERRA BULLETS LLC 401(K) PROFIT SHARING PLAN

Name: SIERRA BULLETS LLC - SIERRA BULLETS LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: SIERRA BULLETS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA BULLETS LLC 401(K) PROFIT SHARING PLAN, SIERRA BULLETS LLC

SIERRA BULLETS LLCEIN 95-4170056Plan #001PY 2022

1400 WEST HENRY STREET - SEDALIA, MO 65301801-993-1358sierrabullets.comLinkedIn51-200 employeessporting goods

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7.7M

-16.6% from 2021

Total participants

174

+18.4% from 2021

Average account balance

$44,654

-30.6% from 2021

Annual return

-19.17%

-36.63 pp from 2021

Benchmarks

See 4,067 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,067 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.24M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

146

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

$552K

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

+17.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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
EDWARD JONES6+ years Service code 27 · EIN 43-0345811	Advisory (Plan)	$18,360
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754	Recordkeeping	$13,164

Plan features & details

Pension benefit codes2E3D2G2J2F2T3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$32K

$234 / participant

Investment mgmt$18K58.2%
Contract admin$13K41.8%

% of EOY assets

0.408%

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: TANNER LLC
Auditor EIN: 202253063
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,654

$65,453-31.8%

$86,698-48.5%

$66,938-33.3%

Participation rate

99.3%

75.5%+23.8pp

76.6%+22.7pp

69.8%+29.4pp

Annual return

-19.17%

-10.89%-8.3pp

35.95%-55.1pp

1.58%-20.7pp

Employer contribution / active EE

$2,065

$2,154-4.1%

$2,837-27.2%

$2,545-18.9%

Participant deferral / active EE

$2,474

$4,102-39.7%

$4,656-46.9%

$4,238-41.6%

Admin fee / account holder

$182

$642-71.6%

$7,493-97.6%

$594-69.3%

Provider

Service type

Compensation

EDWARD JONES6+ years

Service code 27 · EIN 43-0345811

Advisory (Plan)

$18,360

ASCENSUS LLC4 years

Service code 15 · EIN 11-3665754

Recordkeeping

$13,164

SIERRA BULLETS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA BULLETS LLC 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