Retirement plan

PILOT CORPORATION OF AMERICA EMPLOYEES' 401(K) PLAN

Name: PILOT CORPORATION OF AMERICA - PILOT CORPORATION OF AMERICA EMPLOYEES' 401(K) PLAN (2018) Form 5500
Creator: PILOT CORPORATION OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PILOT CORPORATION OF AMERICA EMPLOYEES' 401(K) PLAN, PILOT CORPORATION OF AMERICA

PILOT CORPORATION OF AMERICAEIN 11-2277015Plan #002PY 2018

3855 REGENT BOULEVARD - JACKSONVILLE, FL 32224904-645-9999pilotpen.usLinkedIn201-500 employeesconsumer goods

Other plans on this EIN

2 filings

#001Retirement-$21.1M assets #003Retirement-$4.7M assets

Prospect flagsLow employer contributionFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

-8.1% from 2017

Total participants

105

-7.1% from 2017

Average account balance

$117,334

-4.8% from 2017

Annual return

-4.16%

-25.41 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.66M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332K

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

+10.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59947

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

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$919

Plan features & details

Pension benefit codes2J2T3D3F2F2G

Plan features

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.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$3K

$38 / participant

Investment mgmt$2K72.6%
Other / not subdivided$91927.4%

% of EOY assets

0.034%

all-in expense ratio

Categories reported

1 / 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: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,334

$72,404+62.1%

$110,243+6.4%

$64,173+82.8%

Participation rate

76.1%

73.3%+2.8pp

79.8%-3.7pp

69.6%+6.6pp

Annual return

-4.16%

-6.29%+2.1pp

314.76%-318.9pp

7.63%-11.8pp

Employer contribution / active EE

$2,282-100.0%

$3,827-100.0%

$2,381-100.0%

Participant deferral / active EE

$4,215

$3,469+21.5%

$4,672-9.8%

$3,470+21.5%

Admin fee / account holder

$40

$5,664-99.3%

$8,548-99.5%

$4,887-99.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$919

PILOT CORPORATION OF AMERICA EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PILOT CORPORATION OF AMERICA EMPLOYEES' 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