Retirement plan

STERLING & TUCKER 401(K)/PROFIT-SHARING PLAN

Name: STERLING & TUCKER, INC., CERTIFIED PUBLIC ACCOUNTANTS - STERLING & TUCKER 401(K)/PROFIT-SHARING PLAN (2020) Form 5500
Creator: STERLING & TUCKER, INC., CERTIFIED PUBLIC ACCOUNTANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STERLING & TUCKER 401(K)/PROFIT-SHARING PLAN, STERLING & TUCKER, INC., CERTIFIED PUBLIC ACCOUNTANTS

STERLING & TUCKER, INC., CERTIFIED PUBLIC ACCOUNTANTSEIN 99-0283816Plan #001PY 2020

201 MERCHANT STREET, SUITE 950 - HONOLULU, HI 96813808-791-1444

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+8.8% from 2019

Total participants

+9.7% from 2019

Average account balance

$166,739

+2.2% from 2019

Annual return

5.28%

-12.99 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.35M

Not enough data

1 years with asset history on file

Average account balance

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

$269K

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.

163.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$259K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1968

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 codes2E2F2G2J2T3D3H

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$2175 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.751%

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

$166,739

$165,399+0.8%

$149,745+11.3%

$158,982+4.9%

Participation rate

94.7%

84.6%+10.2pp

82.5%+12.3pp

82.0%+12.8pp

Annual return

5.28%

348.34%-343.1pp

276.72%-271.4pp

302.99%-297.7pp

Employer contribution / active EE

$2,721

$5,105-46.7%

$4,646-41.4%

$4,763-42.9%

Participant deferral / active EE

$8,287

$7,183+15.4%

$6,843+21.1%

$5,983+38.5%

Admin fee / account holder

$1,252

$10,811-88.4%

$9,312-86.6%

$11,252-88.9%

STERLING & TUCKER 401(K)/PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STERLING & TUCKER 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