Retirement plan

PARS INTERNATIONAL CORP. 401(K) PROFIT SHARING PLAN & TRUST

Name: PARS INTERNATIONAL CORP. - PARS INTERNATIONAL CORP. 401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: PARS INTERNATIONAL CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARS INTERNATIONAL CORP. 401(K) PROFIT SHARING PLAN & TRUST, PARS INTERNATIONAL CORP.

PARS INTERNATIONAL CORP.EIN 13-3783920Plan #001PY 2016

253 WEST 35TH STREET, 7TH FLOOR - NEW YORK, NY 100011907212-221-9595chicagotribunereprints.comLinkedIn11-50 employeesgraphic design

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+9.9% from 2015

Total participants

-2.9% from 2015

Average account balance

$85,210

+18.3% from 2015

Annual return

7.01%

+9.78 pp from 2015

Benchmarks

See 2,876 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,876 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.35M

Not enough data

1 years with asset history on file

Average account balance

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

$261K

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.

103.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$511K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8578

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 codes2E2F2G2J2R2T3D

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.
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

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

$142K

$4427 / participant

Other / not subdivided$142K100.0%

% of EOY assets

6.395%

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

$85,210

$56,287+51.4%

$80,977+5.2%

$62,881+35.5%

Participation rate

75.0%

68.9%+6.1pp

75.8%-0.8pp

69.3%+5.7pp

Annual return

7.01%

22.13%-15.1pp

17.11%-10.1pp

20.14%-13.1pp

Employer contribution / active EE

$1,943-100.0%

$3,715-100.0%

$2,281-100.0%

Participant deferral / active EE

$6,228

$4,196+48.5%

$5,696+9.3%

$3,203+94.5%

Admin fee / account holder

$5,449

$3,742+45.6%

$5,517-1.2%

$4,296+26.8%

PARS INTERNATIONAL CORP. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARS INTERNATIONAL CORP. 401(K) PROFIT SHARING PLAN & TRUST

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