Retirement plan

PM RECYCLING, INC. 401(K) PLAN

Name: PM RECYCLING, INC. 24 EAST MILL STREET - PM RECYCLING, INC. 401(K) PLAN (2017) Form 5500
Creator: PM RECYCLING, INC. 24 EAST MILL STREET
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PM RECYCLING, INC. 401(K) PLAN, PM RECYCLING, INC. 24 EAST MILL STREET

PM RECYCLING, INC. 24 EAST MILL STREETEIN 04-3192029Plan #001PY 2017

P. O. BOX 149 - WOONSOCKET, RI 02895401-765-0330

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$527K

+23.6% from 2016

Total participants

+122.2% from 2016

Average account balance

$58,559

+23.6% from 2016

Annual return

16.14%

+5.96 pp from 2016

Benchmarks

See 8,098 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,098 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.34M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

52.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$538

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$161 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.275%

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

$58,559

$104,251-43.8%

$91,004-35.7%

$147,586-60.3%

Participation rate

0.0%

78.2%-78.2pp

75.6%-75.6pp

82.8%-82.8pp

Annual return

16.14%

27.06%-10.9pp

4.60%+11.5pp

578.59%-562.5pp

Employer contribution / active EE

$868

$3,116-72.2%

$2,456-64.7%

$4,876-82.2%

Participant deferral / active EE

$2,832

$4,195-32.5%

$3,548-20.2%

$5,439-47.9%

Admin fee / account holder

$161

$8,948-98.2%

$5,417-97.0%

$10,886-98.5%

PM RECYCLING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PM RECYCLING, 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