Retirement plan

PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING

Name: PINNACLE EMPLOYER SERVICES, LLC - PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING (2019) Form 5500
Creator: PINNACLE EMPLOYER SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING, PINNACLE EMPLOYER SERVICES, LLC

PINNACLE EMPLOYER SERVICES, LLCEIN 20-1206649Plan #001PY 2019

2088 ROSS AVE - CINCINNATI, OH 45212513-533-1823LinkedIn11-50 employeeshuman resources

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$601K

+22.7% from 2018

Total participants

0.0% from 2018

Average account balance

$42,910

+22.7% from 2018

Annual return

20.58%

+29.45 pp from 2018

Benchmarks

See 13,235 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort13,235 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

162.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+9.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1041

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 codes2E2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$40K

$5005 / participant

Other / not subdivided$40K100.0%

% of EOY assets

6.665%

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

$42,910

$104,953-59.1%

$84,637-49.3%

$152,909-71.9%

Participation rate

100.0%

74.8%+25.2pp

68.2%+31.8pp

82.5%+17.5pp

Annual return

20.58%

373.94%-353.4pp

258.82%-238.2pp

345.46%-324.9pp

Employer contribution / active EE

$1,639

$3,304-50.4%

$2,653-38.2%

$4,764-65.6%

Participant deferral / active EE

$4,688

$4,691-0.1%

$3,900+20.2%

$5,851-19.9%

Admin fee / account holder

$2,860

$6,244-54.2%

$4,914-41.8%

$11,601-75.3%

PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING

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