Stryker Electrical Contracting, Inc.
Form 5500 DataOverview
Plan Description
Stryker Electrical Contracting, Inc., 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. Stryker Electrical Contracting, Inc., 401k Profit Sharing Plan currently has over 100 active participants and over $2.2M in plan assets.
Did you know?
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (51) and the top rated plan (82) could equate to:
14
Additional years of work
184,252
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 4241 Sw High Meadow Ave
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 4241 Sw High Meadow Ave
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LocationPalm City , FL34990
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IndustryElectrical Contractors and Other Wiring Installation Contractors
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AdministratorScott Eccleston
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Net Plan Assets$2,210,000
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Total Participants120
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Avg Account Balance$27,000
Plan Components
Component Ratings
Design
Total Plan Cost:
High Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.
Design
Total Plan Cost:
Average Fees
Company Generosity:
Average
Performance
Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Average
Peer Group Plans
Company | Rating |
---|---|
JDP Electric | 66.7 |
The Northern Group | 65.1 |
Bates Electric | 58.8 |
Simpson Electric Company | 58.3 |
Meitec | 52.1 |
Beco | 46.1 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Data & Research
Many Near-Retirees Don't Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
April 7, 2021
exclusives
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
April 16, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
Fidelity Advisor Strategic Dividend & Income | 24% |
19%
|
Nationwide Fixed Account | 17% |
N/A
|
Vanguard Group Target Retirement | 13% |
34%
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|
100%
|
|
|
100%
|
|
|
100%
|
|
|
100%
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View all funds in this plan
Providers
Articles and Questions

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