Retirement plan

POWER SYSTEMS SPECIALIST, INC 401(K) PLAN ANS TRU T

Name: POWER SYSTEMS SPECIALISTS, INC - POWER SYSTEMS SPECIALIST, INC 401(K) PLAN ANS TRU T (2021) Form 5500
Creator: POWER SYSTEMS SPECIALISTS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POWER SYSTEMS SPECIALIST, INC 401(K) PLAN ANS TRU T, POWER SYSTEMS SPECIALISTS, INC

POWER SYSTEMS SPECIALISTS, INCEIN 06-1478710Plan #001PY 2021

PO BOX 1216 - MILFORD, PA 183371112570-296-4573p-s-s.comLinkedIn1-10 employeesfacilities services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

-21.1% from 2020

Total participants

0.0% from 2020

Average account balance

$103,388

-21.1% from 2020

Annual return

11.90%

+5.85 pp from 2020

Benchmarks

See 1,525 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,525 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$953K

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39460

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 codes2J2E2F2G2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$491K

$70074 / participant

Other / not subdivided$491K100.0%

% of EOY assets

47.444%

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

$103,388

$114,237-9.5%

$119,258-13.3%

$167,518-38.3%

Participation rate

100.0%

83.7%+16.3pp

82.7%+17.3pp

82.1%+17.9pp

Annual return

11.90%

29.87%-18.0pp

30.69%-18.8pp

478.71%-466.8pp

Employer contribution / active EE

$2,128

$4,481-52.5%

$4,384-51.5%

$4,838-56.0%

Participant deferral / active EE

$3,241

$6,084-46.7%

$6,111-47.0%

$6,342-48.9%

Admin fee / account holder

$49,052

$8,932+449.2%

$7,226+578.8%

$12,312+298.4%

POWER SYSTEMS SPECIALIST, INC 401(K) PLAN ANS TRU T

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POWER SYSTEMS SPECIALIST, INC 401(K) PLAN ANS TRU T

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