Retirement plan

PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND TRUST

Name: PACKAGE PAVEMENT COMPANY, INC. - PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND TRUST (2017) Form 5500
Creator: PACKAGE PAVEMENT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND TRUST, PACKAGE PAVEMENT COMPANY, INC.

PACKAGE PAVEMENT COMPANY, INC.EIN 14-1395160Plan #001PY 2017

PO BOX 408 - STORMVILLE, NY 12582845-221-2224packagepavement.comLinkedIn51-200 employeesconsumer goods

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$28.9M

+19.5% from 2016

Total participants

171

-1.7% from 2016

Average account balance

$170,185

+21.6% from 2016

Annual return

16.69%

+11.64 pp from 2016

Benchmarks

See 1,976 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,976 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$38.82M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

174

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+15.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$602

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
GREENLEAF TRUST3+ years Filed as: GREENLEAF ADVISORS LLC Service code 27 216 MAPLE AVENUE · RED BANK, NJ 07701	Advisory (Plan)	$64,216
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 15 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$4,299

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$69K

$476 / participant

Investment mgmt$64K93.7%
Contract admin$4K6.3%

% of EOY assets

0.237%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RPT LLC
Auditor EIN: 141604297
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$170,185

$63,299+168.9%

$91,001+87.0%

$62,292+173.2%

Participation rate

99.3%

73.3%+26.0pp

75.6%+23.7pp

69.5%+29.8pp

Annual return

16.69%

20.99%-4.3pp

4.60%+12.1pp

28.90%-12.2pp

Employer contribution / active EE

$5,173

$1,807+186.3%

$2,456+110.6%

$2,042+153.3%

Participant deferral / active EE

$5,525

$2,943+87.8%

$3,547+55.8%

$3,169+74.4%

Admin fee / account holder

$403

$468-13.8%

$5,417-92.6%

$479-15.9%

Provider

Service type

Compensation

GREENLEAF TRUST3+ years

Filed as: GREENLEAF ADVISORS LLC

Service code 27

216 MAPLE AVENUE · RED BANK, NJ 07701

Advisory (Plan)

$64,216

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 15

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$4,299

PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND 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