Retirement plan

PETRACCA DESIGN AND ENGINEERING, P.C. 401(K) PROFIT SHARING PLAN

Name: PETRACCA DESIGN AND ENGINEERING, P.C. - PETRACCA DESIGN AND ENGINEERING, P.C. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: PETRACCA DESIGN AND ENGINEERING, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETRACCA DESIGN AND ENGINEERING, P.C. 401(K) PROFIT SHARING PLAN, PETRACCA DESIGN AND ENGINEERING, P.C.

PETRACCA DESIGN AND ENGINEERING, P.C.EIN 20-0018908Plan #001PY 2019

199 EAST MAIN STREET, SUITE 3 - SMITHTOWN, NY 11787631-361-9825tompetracca.comLinkedIn1-10 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$479K

+46.8% from 2018

Total participants

-14.3% from 2018

Average account balance

$79,757

+71.2% from 2018

Annual return

26.62%

+35.40 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3D

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.
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.

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

$13K

$2215 / participant

Other / not subdivided$13K100.0%

% of EOY assets

2.777%

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

$79,757

$157,304-49.3%

$141,197-43.5%

$152,909-47.8%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

26.62%

64.34%-37.7pp

71.41%-44.8pp

345.46%-318.8pp

Employer contribution / active EE

$2,690

$5,263-48.9%

$4,736-43.2%

$4,764-43.5%

Participant deferral / active EE

$10,480

$7,111+47.4%

$6,710+56.2%

$5,851+79.1%

Admin fee / account holder

$2,215

$12,126-81.7%

$10,265-78.4%

$11,601-80.9%

PETRACCA DESIGN AND ENGINEERING, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETRACCA DESIGN AND ENGINEERING, P.C. 401(K) PROFIT SHARING 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