Retirement plan

JOSEPH G PERRY PLUMBING & HEAT 401(K) PROFIT SHARING PLAN & TRUST

Name: JOSEPH G PERRY PLUMBING & HEAT - JOSEPH G PERRY PLUMBING & HEAT 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: JOSEPH G PERRY PLUMBING & HEAT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOSEPH G PERRY PLUMBING & HEAT 401(K) PROFIT SHARING PLAN & TRUST, JOSEPH G PERRY PLUMBING & HEAT

JOSEPH G PERRY PLUMBING & HEATEIN 04-2481779Plan #001PY 2020

PO BOX 1053 - ACTON, MA 01720978-263-5595

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$221K

+44.8% from 2019

Total participants

0.0% from 2019

Average account balance

$44,129

+44.8% from 2019

Annual return

26.45%

-3.18 pp from 2019

Benchmarks

See 42,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,032 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$450K

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

55.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$636

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$138 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.562%

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

$44,129

$115,814-61.9%

$101,275-56.4%

$158,982-72.2%

Participation rate

55.6%

79.4%-23.8pp

75.8%-20.3pp

82.0%-26.4pp

Annual return

26.45%

56.16%-29.7pp

46.48%-20.0pp

302.99%-276.5pp

Employer contribution / active EE

$4,176-100.0%

$3,660-100.0%

$4,763-100.0%

Participant deferral / active EE

$3,107

$4,958-37.3%

$4,371-28.9%

$5,983-48.1%

Admin fee / account holder

$248

$7,249-96.6%

$5,948-95.8%

$11,252-97.8%

JOSEPH G PERRY PLUMBING & HEAT 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOSEPH G PERRY PLUMBING & HEAT 401(K) PROFIT SHARING PLAN & TRUST

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