Retirement plan

PEKO PRECISION PRODUCTS, INC. RETIREMENT SAVINGS PLAN

Name: PEKO PRECISION PRODUCTS, INC. - PEKO PRECISION PRODUCTS, INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: PEKO PRECISION PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEKO PRECISION PRODUCTS, INC. RETIREMENT SAVINGS PLAN, PEKO PRECISION PRODUCTS, INC.

PEKO PRECISION PRODUCTS, INC.EIN 16-0916457Plan #002PY 2016

1400 EMERSON STREET - ROCHESTER, NY 14606585-647-3010pekoprecision.comLinkedIn201-500 employeesmachinery

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$15.3M

+6.2% from 2015

Total participants

323

-11.3% from 2015

Average account balance

$48,341

+14.9% from 2015

Annual return

6.72%

+5.99 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.91M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

383

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$496

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 15 · EIN 06-1050034	Recordkeeping	$14,475
NORTHEAST BENEFIT SERVICES, INC.2+ years Service code 16 · EIN 16-1191551	Consulting	$14,360
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166	Advisory (Plan)	$3,934

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50K

$163 / participant

Investment mgmt$48K95.6%
Contract admin$4791.0%
Other / not subdivided$2K3.4%

% of EOY assets

0.326%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EFPR GROUP, CPAS, PLLC
Auditor EIN: 474526160
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,341

$63,905-24.4%

$74,184-34.8%

$57,658-16.2%

Participation rate

98.0%

79.8%+18.3pp

76.6%+21.4pp

70.2%+27.8pp

Annual return

6.72%

60.60%-53.9pp

17.74%-11.0pp

5.13%+1.6pp

Employer contribution / active EE

$477

$1,840-74.1%

$2,370-79.9%

$1,974-75.8%

Participant deferral / active EE

$2,154

$3,448-37.5%

$3,550-39.3%

$3,061-29.6%

Admin fee / account holder

$157

$91+72.8%

$5,586-97.2%

$95+66.5%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 15 · EIN 06-1050034

Recordkeeping

$14,475

NORTHEAST BENEFIT SERVICES, INC.2+ years

Service code 16 · EIN 16-1191551

Consulting

$14,360

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

Advisory (Plan)

$3,934

PEKO PRECISION PRODUCTS, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEKO PRECISION PRODUCTS, INC. RETIREMENT SAVINGS 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