Retirement plan

P3I, INCORPORATED 401(K) PLAN

Name: P3I, INCORPORATED - P3I, INCORPORATED 401(K) PLAN (2018) 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 2018

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

Other plans on this EIN

1 filing

#002Retirement-$524K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$16.5M

-16.1% from 2017

Total participants

279

-1.8% from 2017

Average account balance

$68,126

-12.6% from 2017

Annual return

-5.47%

-22.05 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.67M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

109

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$213K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$305

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 10 of 16 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$2,560
AMERICAN REALTY ADVISORS4+ years Filed as: AMERICAN FIDUCIARY CORPORATION Service code 13 · EIN 04-2484178	Contract Administrator	$1,968
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BARON2 years Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
FRANKLIN TEMPLETON2 years Service code 52 · EIN 13-2573775	Indirect Investment Fees	$0
HARRIS2 years Service code 52 · EIN 52-2257782	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0
JANUS HENDERSON2 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
JOSEPH W. MCCARTHY & ASSOCIATES4+ years Filed as: JOSEPH W HAYES Service code 53 PO BOX 815 · MIDDLETON, MA 01949	Insurance Commissions	$0

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,126

$73,102-6.8%

$123,549-44.9%

$56,287+21.0%

Participation rate

68.1%

74.3%-6.2pp

82.3%-14.2pp

69.9%-1.7pp

Annual return

-5.47%

3.01%-8.5pp

119.20%-124.7pp

-9.96%+4.5pp

Employer contribution / active EE

$2,220

$2,977-25.4%

$4,628-52.0%

$2,111+5.2%

Participant deferral / active EE

$4,977

$5,423-8.2%

$6,426-22.5%

$3,350+48.6%

Admin fee / account holder

$554-100.0%

$9,284-100.0%

$521-100.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$2,560

AMERICAN REALTY ADVISORS4+ years

Filed as: AMERICAN FIDUCIARY CORPORATION

Service code 13 · EIN 04-2484178

Contract Administrator

$1,968

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BARON2 years

Service code 52 · EIN 13-6891420

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

FRANKLIN TEMPLETON2 years

Service code 52 · EIN 13-2573775

Indirect Investment Fees

HARRIS2 years

Service code 52 · EIN 52-2257782

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

JANUS HENDERSON2 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

JOSEPH W. MCCARTHY & ASSOCIATES4+ years

Filed as: JOSEPH W HAYES

Service code 53

PO BOX 815 · MIDDLETON, MA 01949

Insurance Commissions

P3I, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

P3I, INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion