Retirement plan

P & A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN

Name: P & A ADMINISTRATIVE SERVICES, INC. - P & A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN (2015) Form 5500
Creator: P & A ADMINISTRATIVE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P & A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN, P & A ADMINISTRATIVE SERVICES, INC.

P & A ADMINISTRATIVE SERVICES, INC.EIN 16-1324521Plan #001PY 2015

17 COURT STREET, SUITE 500 - BUFFALO, NY 142023294716-852-2611LinkedIn51-200 employeesinsurance

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4.6M

No prior year

Total participants

143

No prior year

Average account balance

$50,910

No prior year

Annual return

1.32%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.35M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

136

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.

46.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$711K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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 1 by compensation

Provider	Service type	Compensation
MID ATLANTIC CAPITAL CORPORATION1+ years Filed as: MID ATLANTIC TRUST COMPANY Service code 18 · EIN 27-3169253	Recordkeeping fees; Custodial (other ...	$299

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHIAMPOU, TRAVIS, BESAW & KERSHNER,
Auditor EIN: 161468002
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,910

$70,002-27.3%

$115,038-55.7%

$52,331-2.7%

Participation rate

60.3%

72.1%-11.8pp

81.4%-21.1pp

68.1%-7.8pp

Annual return

1.32%

4.04%-2.7pp

26.14%-24.8pp

4.54%-3.2pp

Employer contribution / active EE

$737

$2,715-72.8%

$4,608-84.0%

$1,882-60.8%

Participant deferral / active EE

$2,092

$4,920-57.5%

$6,026-65.3%

$3,022-30.8%

Admin fee / account holder

$566-100.0%

$8,175-100.0%

$592-100.0%

Provider

Service type

Compensation

MID ATLANTIC CAPITAL CORPORATION1+ years

Filed as: MID ATLANTIC TRUST COMPANY

Service code 18 · EIN 27-3169253

Recordkeeping fees; Custodial (other ...

$299

P & A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

P & A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion