Retirement plan

PLAN INTERNATIONAL USA, INC. RETIREMENT PLAN

Name: PLAN INTERNATIONAL USA, INC. - PLAN INTERNATIONAL USA, INC. RETIREMENT PLAN (2024) Form 5500
Creator: PLAN INTERNATIONAL USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLAN INTERNATIONAL USA, INC. RETIREMENT PLAN, PLAN INTERNATIONAL USA, INC.

PLAN INTERNATIONAL USA, INC.EIN 13-5661832Plan #002PY 2024

275 PROMENADE STREET, SUITE 225 - PROVIDENCE, RI 029085754401-562-8417

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.4M

+7.3% from 2023

Total participants

210

-2.3% from 2023

Average account balance

$108,695

+11.6% from 2023

Annual return

12.13%

-2.88 pp from 2023

Benchmarks

See 2,051 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,051 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.41M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

197

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$623

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
CAPITAL WEALTH MANAGEMENT7 years Filed as: CAPITAL WEALTH MANAGEMENT, INC Service code 27 · EIN 65-1226333	Advisory (Plan)	$80,385
BENEFIT PLANS ADMIN SERVICES, INC.7 years Filed as: BENEFIT PLAN ADMIN SERVICES INC. Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 10019	Recordkeeping	$28,857
KAHN, LITWIN, RENZA & CO., LTD4 years Filed as: KAHN, LITWIN, RENZA & CO., LTD. Service code 10 · EIN 05-0409384 951 NORTH MAIN STREET · PROVIDENCE, RI 02904	Accounting	$13,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

$123K

$1086 / participant

Investment mgmt$80K65.5%
Contract admin$29K23.5%
Other / not subdivided$14K11.0%

% of EOY assets

0.573%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KAHN, LITWIN, RENZA & CO., LTD
Auditor EIN: 050409384
Audit fees: $13,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,695

$60,504+79.6%

$81,882+32.7%

$74,478+45.9%

Participation rate

88.5%

62.9%+25.6pp

72.4%+16.1pp

67.2%+21.3pp

Annual return

12.13%

16.91%-4.8pp

779.47%-767.3pp

1370.56%-1358.4pp

Employer contribution / active EE

$7,283

$2,627+177.3%

$2,916+149.8%

$2,626+177.3%

Participant deferral / active EE

$6,795

$3,400+99.9%

$4,323+57.2%

$4,350+56.2%

Admin fee / account holder

$623

$1,492-58.2%

$7,360-91.5%

$1,946-68.0%

Provider

Service type

Compensation

CAPITAL WEALTH MANAGEMENT7 years

Filed as: CAPITAL WEALTH MANAGEMENT, INC

Service code 27 · EIN 65-1226333

Advisory (Plan)

$80,385

BENEFIT PLANS ADMIN SERVICES, INC.7 years

Filed as: BENEFIT PLAN ADMIN SERVICES INC.

Service code 15 · EIN 16-1503696

6 RHOADS DRIVE · UTICA, NY 10019

Recordkeeping

$28,857

KAHN, LITWIN, RENZA & CO., LTD4 years

Filed as: KAHN, LITWIN, RENZA & CO., LTD.

Service code 10 · EIN 05-0409384

951 NORTH MAIN STREET · PROVIDENCE, RI 02904

Accounting

$13,500

PLAN INTERNATIONAL USA, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLAN INTERNATIONAL USA, INC. RETIREMENT 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