Retirement plan

PSH CORP. D/B/A JOHN HERBERT COMPANY PROFIT SHARING PLAN AND TRUST

Name: PSH CORP. - PSH CORP. D/B/A JOHN HERBERT COMPANY PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: PSH CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PSH CORP. D/B/A JOHN HERBERT COMPANY PROFIT SHARING PLAN AND TRUST, PSH CORP.

PSH CORP.dba JOHN HERBERT COMPANYEIN 14-1787487Plan #001PY 2024

142 ROUTE 17K, P.O. BOX 2758 - NEWBURGH, NY 12550845-564-3000

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+17.4% from 2023

Total participants

-2.9% from 2023

Average account balance

$144,388

+42.6% from 2023

Annual return

12.55%

-0.38 pp from 2023

Benchmarks

See 22,272 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,272 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.04M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

76.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$215K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2689

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 codes2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$75K

$3585 / participant

Other / not subdivided$75K100.0%

% of EOY assets

1.862%

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

$144,388

$111,878+29.1%

$93,727+54.1%

$145,897-1.0%

Participation rate

76.2%

74.2%+2.0pp

68.7%+7.5pp

80.3%-4.1pp

Annual return

12.55%

204.28%-191.7pp

133.83%-121.3pp

552.29%-539.7pp

Employer contribution / active EE

$2,885

$3,092-6.7%

$2,421+19.1%

$4,663-38.1%

Participant deferral / active EE

$7,364

$4,920+49.7%

$4,417+66.7%

$6,689+10.1%

Admin fee / account holder

$2,689

$10,256-73.8%

$8,292-67.6%

$13,390-79.9%

PSH CORP. D/B/A JOHN HERBERT COMPANY PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PSH CORP. D/B/A JOHN HERBERT COMPANY PROFIT SHARING 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