Retirement plan

PAUL M. MAINTENANCE, INC. 401(K) PLAN

Name: PAUL M. MAINTENANCE, INC. - PAUL M. MAINTENANCE, INC. 401(K) PLAN (2020) Form 5500
Creator: PAUL M. MAINTENANCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAUL M. MAINTENANCE, INC. 401(K) PLAN, PAUL M. MAINTENANCE, INC.

PAUL M. MAINTENANCE, INC.EIN 11-3287638Plan #001PY 2020

80 VERDI STREET - FARMINGDALE, NY 11735631-420-0400

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+17.3% from 2019

Total participants

-10.4% from 2019

Average account balance

$157,204

+34.0% from 2019

Annual return

13.31%

-5.18 pp from 2019

Benchmarks

See 16,250 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,250 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.44M

Not enough data

1 years with asset history on file

Average account balance

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

$210K

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.

104.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$474K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7982

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$256K

$6104 / participant

Other / not subdivided$256K100.0%

% of EOY assets

4.659%

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

$157,204

$72,269+117.5%

$101,271+55.2%

$79,852+96.9%

Participation rate

81.0%

68.5%+12.5pp

75.8%+5.1pp

69.6%+11.3pp

Annual return

13.31%

22.29%-9.0pp

46.48%-33.2pp

31.72%-18.4pp

Employer contribution / active EE

$3,091

$2,692+14.8%

$3,660-15.5%

$2,471+25.1%

Participant deferral / active EE

$5,752

$3,282+75.3%

$4,371+31.6%

$3,740+53.8%

Admin fee / account holder

$7,325

$4,401+66.4%

$5,948+23.2%

$5,306+38.0%

PAUL M. MAINTENANCE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAUL M. MAINTENANCE, INC. 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