Retirement plan

PARRATT - WOLFF, INC. 401(K) PLAN

Name: PARRATT - WOLFF, INC. - PARRATT - WOLFF, INC. 401(K) PLAN (2019) Form 5500
Creator: PARRATT - WOLFF, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARRATT - WOLFF, INC. 401(K) PLAN, PARRATT - WOLFF, INC.

PARRATT - WOLFF, INC.EIN 16-0966674Plan #002PY 2019

P.O. BOX 56, FISHER RD. - EAST SYRACUSE, NY 13057315-437-1429pwinc.comLinkedIn51-200 employeesenvironmental services

Other plans on this EIN

1 filing

#004Retirement-$10.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.3M

+15.7% from 2018

Total participants

-6.3% from 2018

Average account balance

$129,055

+27.0% from 2018

Annual return

22.27%

+27.42 pp from 2018

Benchmarks

See 15,812 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,812 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.41M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

159.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$385K

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

+23.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9077

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 codes2E2J

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

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

$562K

$14060 / participant

Other / not subdivided$562K100.0%

% of EOY assets

10.629%

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

$129,055

$65,367+97.4%

$92,915+38.9%

$72,976+76.8%

Participation rate

90.0%

68.3%+21.7pp

76.0%+14.0pp

69.5%+20.5pp

Annual return

22.27%

42.11%-19.8pp

109.45%-87.2pp

81.02%-58.7pp

Employer contribution / active EE

$2,372

$2,594-8.6%

$3,653-35.1%

$2,440-2.8%

Participant deferral / active EE

$4,190

$3,128+33.9%

$4,238-1.1%

$3,608+16.1%

Admin fee / account holder

$13,717

$4,251+222.7%

$5,796+136.7%

$5,124+167.7%

PARRATT - WOLFF, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARRATT - WOLFF, INC. 401(K) 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