Retirement plan

PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING

Name: PINNACLE EMPLOYER SERVICES, LLC - PINNACLE EMPLOYER SERVICES, LLC PROFIT SHARING (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$738K

+22.8% from 2019

Total participants

-7.1% from 2019

Average account balance

$56,760

+32.3% from 2019

Annual return

13.02%

-7.56 pp from 2019

Benchmarks

See 14,128 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort14,128 peers

Snapshot2020

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$306 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.290%

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

$56,760

$109,411-48.1%

$89,435-36.5%

$158,982-64.3%

Participation rate

100.0%

74.3%+25.7pp

68.0%+32.0pp

82.0%+18.0pp

Annual return

13.02%

345.68%-332.7pp

245.55%-232.5pp

302.99%-290.0pp

Employer contribution / active EE

$2,389

$3,173-24.7%

$2,587-7.7%

$4,763-49.8%

Participant deferral / active EE

$6,333

$4,600+37.7%

$3,890+62.8%

$5,983+5.8%

Admin fee / account holder

$165

$6,159-97.3%

$4,884-96.6%

$11,252-98.5%

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