Retirement plan

PUMA NORTH AMERICA, INC. 401(K) PLAN

Name: PUMA NORTH AMERICA, INC. - PUMA NORTH AMERICA, INC. 401(K) PLAN (2024) Form 5500
Creator: PUMA NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUMA NORTH AMERICA, INC. 401(K) PLAN, PUMA NORTH AMERICA, INC.

PUMA NORTH AMERICA, INC.EIN 04-3280787Plan #001PY 2024

455 GRAND UNION BOULEVARD - SOMERVILLE, MA 02145978-698-1204LinkedIn51-200 employeesmarketing and advertising

Other plans on this EIN

1 filing

#002Retirement-$13K assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$129.6M

+19.9% from 2023

Total participants

3,224

+33.2% from 2023

Average account balance

$91,424

+19.0% from 2023

Annual return

16.83%

-3.43 pp from 2023

Benchmarks

See 333 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort333 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$129.64M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

1,418

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.

36.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
OSAIC WEALTH INC1 year Service code 27 · EIN 93-0987232	Advisory (Plan)	$102,428
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$41,900
CARON & BLETZER, PLLC5 years Service code 10 · EIN 04-3499945	Accounting	$14,580
JELLYVISION LAB, INC.1 year Filed as: JELLYVISION Service code 16 · EIN 36-4442819	Consulting	$8,342
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 37 · EIN 04-2647786	Loan Processing	-$33,672

Plan features & details

Pension benefit codes2E2F2G2J2K2T3F3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$185K

$66 / participant

Recordkeeping$16K8.6%
Investment mgmt$144K77.9%
Contract admin$2K1.1%
Other / not subdivided$23K12.4%

% of EOY assets

0.143%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: $14,580
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,424

$2,687,218-96.6%

$164,975-44.6%

$199,921-54.3%

Participation rate

36.1%

78.3%-42.2pp

78.6%-42.5pp

72.0%-35.9pp

Annual return

16.83%

17.94%-1.1pp

70.12%-53.3pp

34.28%-17.5pp

Employer contribution / active EE

$1,384

$2,958-53.2%

$4,343-68.1%

$3,035-54.4%

Participant deferral / active EE

$3,335

$5,002-33.3%

$6,033-44.7%

$5,089-34.5%

Admin fee / account holder

$131

$1,988-93.4%

$12,688-99.0%

$269-51.5%

Provider

Service type

Compensation

OSAIC WEALTH INC1 year

Service code 27 · EIN 93-0987232

Advisory (Plan)

$102,428

STRATEGIC ADVISORS, INC.5 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$41,900

CARON & BLETZER, PLLC5 years

Service code 10 · EIN 04-3499945

Accounting

$14,580

JELLYVISION LAB, INC.1 year

Filed as: JELLYVISION

Service code 16 · EIN 36-4442819

Consulting

$8,342

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 37 · EIN 04-2647786

Loan Processing

-$33,672

PUMA NORTH AMERICA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PUMA NORTH AMERICA, 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