Retirement plan

P3I, INCORPORATED 401(K) PLAN

Name: P3I, INCORPORATED - P3I, INCORPORATED 401(K) PLAN (2024) Form 5500
Creator: P3I, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P3I, INCORPORATED 401(K) PLAN, P3I, INCORPORATED

P3I, INCORPORATEDEIN 04-3508066Plan #001PY 2024

77 MAIN ST - HOPKINTON, MA 01748508-435-7882p3i-inc.comLinkedIn201-500 employeesdefense & space

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.1M

-5.8% from 2023

Total participants

132

-13.2% from 2023

Average account balance

$94,117

+7.3% from 2023

Annual return

12.84%

-3.54 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.14M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

129

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$264K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$122

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$26,955
THE ANGELL PENSION GROUP, INC.4 years Filed as: AFC PENSIONS, INC. Service code 13 200 RESERVOIR STREET, SUITE 100 · NEEDHAM, MA 02494	Contract Administrator	$13,180
BRITT & COMPANY CPA LLC1 year Filed as: BRITT AND COMPANY CPA LLC Service code 10 980 WASHINGTON STREET · DEDHAM, MA 02026	Accounting	$2,978
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$147

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$16K

$584 / participant

Contract admin$16K100.0%

% of EOY assets

0.130%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRITT & COMPANY CPA, LLC
Auditor EIN: 450604259
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,117

$102,385-8.1%

$147,080-36.0%

$80,935+16.3%

Participation rate

88.9%

75.9%+13.0pp

82.2%+6.7pp

67.7%+21.2pp

Annual return

12.84%

135.09%-122.3pp

420.17%-407.3pp

35.66%-22.8pp

Employer contribution / active EE

$3,081

$3,717-17.1%

$4,933-37.6%

$2,757+11.8%

Participant deferral / active EE

$6,694

$6,651+0.6%

$8,066-17.0%

$4,299+55.7%

Admin fee / account holder

$122

$7,951-98.5%

$12,989-99.1%

$6,924-98.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$26,955

THE ANGELL PENSION GROUP, INC.4 years

Filed as: AFC PENSIONS, INC.

Service code 13

200 RESERVOIR STREET, SUITE 100 · NEEDHAM, MA 02494

Contract Administrator

$13,180

BRITT & COMPANY CPA LLC1 year

Filed as: BRITT AND COMPANY CPA LLC

Service code 10

980 WASHINGTON STREET · DEDHAM, MA 02026

Accounting

$2,978

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$147

P3I, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P3I, INCORPORATED 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