Retirement plan

QUALITY PLUMBING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST

Name: QUALITY PLUMBING SOLUTION LLC - QUALITY PLUMBING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: QUALITY PLUMBING SOLUTION LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUALITY PLUMBING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST, QUALITY PLUMBING SOLUTION LLC

QUALITY PLUMBING SOLUTION LLCEIN 20-2395403Plan #001PY 2015

449 ZIEGLER RD - LEESPORT, PA 195339421610-926-0614LinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$35K

No prior year

Total participants

No prior year

Average account balance

$2,931

No prior year

Annual return

-5.54%

No prior year

Benchmarks

See 26,340 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,340 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$504K

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+20.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$144

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$10K

$852 / participant

Other / not subdivided$10K100.0%

% of EOY assets

29.074%

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

$2,931

$84,684-96.5%

$73,835-96.0%

$125,388-97.7%

Participation rate

91.7%

76.8%+14.9pp

73.4%+18.2pp

83.2%+8.5pp

Annual return

-5.54%

3123.93%-3129.5pp

2268.13%-2273.7pp

282.24%-287.8pp

Employer contribution / active EE

$905

$3,123-71.0%

$2,788-67.5%

$4,866-81.4%

Participant deferral / active EE

$675

$3,993-83.1%

$3,583-81.2%

$5,352-87.4%

Admin fee / account holder

$852

$5,691-85.0%

$4,880-82.5%

$9,541-91.1%

QUALITY PLUMBING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUALITY PLUMBING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST

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