Retirement plan

P.R.I.M.A. INC 401(K) RETIREMENT PLAN

Name: P.R.I.M.A. INC 401(K) RETIREMENT PLAN - P.R.I.M.A. INC 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: P.R.I.M.A. INC 401(K) RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P.R.I.M.A. INC 401(K) RETIREMENT PLAN, P.R.I.M.A. INC 401(K) RETIREMENT PLAN

P.R.I.M.A. INC 401(K) RETIREMENT PLANEIN 05-0501360Plan #001PY 2019

2178 MENDON ROAD, SUITE 100 - CUMBERLAND, RI 02864401-333-5240

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+39.3% from 2018

Total participants

-6.3% from 2018

Average account balance

$88,332

+39.3% from 2018

Annual return

22.37%

+29.11 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.97M

Not enough data

1 years with asset history on file

Average account balance

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

$228K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+18.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1381

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$5K

$392 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.409%

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

$88,332

$202,345-56.3%

$172,755-48.9%

$152,885-42.2%

Participation rate

83.3%

87.1%-3.7pp

82.6%+0.7pp

82.5%+0.9pp

Annual return

22.37%

1029.77%-1007.4pp

802.94%-780.6pp

345.39%-323.0pp

Employer contribution / active EE

$3,002

$5,858-48.8%

$5,144-41.6%

$4,763-37.0%

Participant deferral / active EE

$8,942

$5,948+50.3%

$5,198+72.0%

$5,851+52.8%

Admin fee / account holder

$362

$17,111-97.9%

$13,955-97.4%

$11,598-96.9%

P.R.I.M.A. INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P.R.I.M.A. INC 401(K) RETIREMENT 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