Retirement plan

PINNACLE COUNTERTOP SOLUTIONS 401(K) PLAN

Name: PINNACLE COUNTERTOP SOLUTIONS,LP DBA PINNCALE GRANITE SOLUTIONS - PINNACLE COUNTERTOP SOLUTIONS 401(K) PLAN (2021) Form 5500
Creator: PINNACLE COUNTERTOP SOLUTIONS,LP DBA PINNCALE GRANITE SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINNACLE COUNTERTOP SOLUTIONS 401(K) PLAN, PINNACLE COUNTERTOP SOLUTIONS,LP DBA PINNCALE GRANITE SOLUTIONS

PINNACLE COUNTERTOP SOLUTIONS,LP DBA PINNCALE GRANITE SOLUTIONSEIN 20-1771040Plan #001PY 2021

6803 US 277 - ABILENE, TX 79601325-672-6400

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$742K

+33.4% from 2020

Total participants

-9.1% from 2020

Average account balance

$74,166

+46.7% from 2020

Annual return

13.45%

-110.26 pp from 2020

Benchmarks

See 22,588 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,588 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-7.25%

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 codes2E2F2J3D

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).
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

$18K

$2188 / participant

Other / not subdivided$18K100.0%

% of EOY assets

2.360%

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

$74,166

$176,786-58.0%

$146,643-49.4%

$167,536-55.7%

Participation rate

100.0%

83.6%+16.4pp

80.1%+19.9pp

82.1%+17.9pp

Annual return

13.45%

24.04%-10.6pp

22.75%-9.3pp

478.82%-465.4pp

Employer contribution / active EE

$3,249

$5,161-37.0%

$4,137-21.5%

$4,839-32.9%

Participant deferral / active EE

$10,986

$6,440+70.6%

$5,506+99.5%

$6,342+73.2%

Admin fee / account holder

$1,750

$13,262-86.8%

$10,280-83.0%

$12,315-85.8%

PINNACLE COUNTERTOP SOLUTIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINNACLE COUNTERTOP SOLUTIONS 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