Retirement plan

PACIFIC RESIDENTIAL MORTGAGE 401(K) PLAN

Name: PACIFIC RESIDENTIAL MORTGAGE, LLC - PACIFIC RESIDENTIAL MORTGAGE 401(K) PLAN (2020) Form 5500
Creator: PACIFIC RESIDENTIAL MORTGAGE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC RESIDENTIAL MORTGAGE 401(K) PLAN, PACIFIC RESIDENTIAL MORTGAGE, LLC

PACIFIC RESIDENTIAL MORTGAGE, LLCEIN 11-3714032Plan #001PY 2020

4949 MEADOWS RD. STE. 150 - LAKE OSWEGO, OR 97035503-699-5626

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.1M

+38.5% from 2019

Total participants

285

+37.0% from 2019

Average account balance

$50,072

-9.3% from 2019

Annual return

26.14%

+0.07 pp from 2019

Benchmarks

See 1,455 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,455 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$173K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-91.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$11,796

Plan features & details

Pension benefit codes2F2G2J2T3D

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$49 / participant

Investment mgmt$6745.4%
Other / not subdivided$12K94.6%

% of EOY assets

0.095%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOFFMAN, STEWART AND SCHMIDT, PC
Auditor EIN: 930743240
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,072

$111,608-55.1%

$177,840-71.8%

$73,412-31.8%

Participation rate

90.5%

87.9%+2.7pp

87.7%+2.8pp

72.2%+18.3pp

Annual return

26.14%

18.23%+7.9pp

48.32%-22.2pp

59.30%-33.2pp

Employer contribution / active EE

$1,989

$3,796-47.6%

$5,919-66.4%

$2,234-11.0%

Participant deferral / active EE

$5,508

$6,199-11.1%

$7,714-28.6%

$3,806+44.7%

Admin fee / account holder

$48

$166-71.1%

$12,431-99.6%

$158-69.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$11,796

PACIFIC RESIDENTIAL MORTGAGE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC RESIDENTIAL MORTGAGE 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