Retirement plan

P.C. RICHARD & SON 401(K) SAVINGS PLAN

Name: P.C. RICHARD & SON LONG ISLAND CORP - P.C. RICHARD & SON 401(K) SAVINGS PLAN (2020) Form 5500
Creator: P.C. RICHARD & SON LONG ISLAND CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P.C. RICHARD & SON 401(K) SAVINGS PLAN, P.C. RICHARD & SON LONG ISLAND CORP

P.C. RICHARD & SON LONG ISLAND CORPEIN 11-2128677Plan #001PY 2020

150 PRICE PARKWAY - FARMINGDALE, NY 11735631-843-4461LinkedIn51-200 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$182.6M

+9.7% from 2019

Total participants

2,348

-2.0% from 2019

Average account balance

$101,211

+17.1% from 2019

Annual return

13.62%

-7.64 pp from 2019

Benchmarks

See 348 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort348 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$209.97M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

1,555

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.

64.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY5 years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346	Recordkeeping	$63,447
CAPFINANCIAL PARTNERS LLC6+ years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 27 4208 SIX FORKS ROAD · RALEIGH, NC 27609	Advisory (Plan)	$13,263

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$98K

$51 / participant

Investment mgmt$13K13.5%
Contract admin$71K72.7%
Other / not subdivided$14K13.7%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

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: GIAMBALVO, STALZER & COMPANY
Auditor EIN: 113425754
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,211

$43,466+132.8%

$90,970+11.3%

$90,274+12.1%

Participation rate

71.7%

62.5%+9.3pp

69.0%+2.7pp

73.4%-1.6pp

Annual return

13.62%

25.26%-11.6pp

134.58%-121.0pp

53.97%-40.4pp

Employer contribution / active EE

$1,589

$840+89.2%

$2,122-25.1%

$2,523-37.0%

Participant deferral / active EE

$3,649

$2,138+70.7%

$3,373+8.2%

$4,231-13.7%

Admin fee / account holder

$54

$92-40.7%

$5,960-99.1%

$114-52.3%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY5 years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$63,447

CAPFINANCIAL PARTNERS LLC6+ years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 27

4208 SIX FORKS ROAD · RALEIGH, NC 27609

Advisory (Plan)

$13,263

P.C. RICHARD & SON 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P.C. RICHARD & SON 401(K) SAVINGS 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