Retirement plan

PROCESS PIPING CO., INC. 401(K) PLAN

Name: PROCESS PIPING CO., INC. - PROCESS PIPING CO., INC. 401(K) PLAN (2023) Form 5500
Creator: PROCESS PIPING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROCESS PIPING CO., INC. 401(K) PLAN, PROCESS PIPING CO., INC.

PROCESS PIPING CO., INC.EIN 04-2650434Plan #001PY 2023

20 AEGEAN DRIVE, UNIT 7 - METHUEN, MA 01844978-685-6711LinkedIn1-10 employeesfacilities services

Other plans on this EIN

1 filing

#002Retirement-$2.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.8M

+27.4% from 2022

Total participants

0.0% from 2022

Average account balance

$135,034

+27.4% from 2022

Annual return

16.40%

+38.08 pp from 2022

Benchmarks

See 499 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort499 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.67M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$195K

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

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$341

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 codes2D2E2J

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1K

$112 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.083%

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

$135,034

$64,252+110.2%

$139,456-3.2%

Participation rate

100.0%

66.3%+33.7pp

80.3%+19.7pp

Annual return

16.40%

4.96%+11.4pp

373.45%-357.1pp

Employer contribution / active EE

$6,667

$6,851-2.7%

$4,753+40.3%

Participant deferral / active EE

$5,106

$2,945+73.3%

$6,711-23.9%

Admin fee / account holder

$112

$3,908-97.1%

$11,407-99.0%

PROCESS PIPING CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROCESS PIPING CO., INC. 401(K) 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