Retirement plan

PESG, LLC 401(K) PLAN

Name: PESG, LLC DBA, PROFESSIONAL EDUCATION SERVICES GROUP, LLC - PESG, LLC 401(K) PLAN (2015) Form 5500
Creator: PESG, LLC DBA, PROFESSIONAL EDUCATION SERVICES GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PESG, LLC 401(K) PLAN, PESG, LLC DBA, PROFESSIONAL EDUCATION SERVICES GROUP, LLC

PESG, LLC DBA, PROFESSIONAL EDUCATION SERVICES GROUP, LLCEIN 20-2733146Plan #002PY 2015

6307 84TH STREET SE STE B - CALEDOINA, MI 49316616-891-0509

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$11.5M

No prior year

Total participants

32,694

No prior year

Average account balance

$861

No prior year

Annual return

1.91%

No prior year

Benchmarks

See 31 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants>=10,000

Cohort31 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.52M

Not enough data

1 years with asset history on file

Average account balance

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

$2K

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.

14,939

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.

17.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

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

+15.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73

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

1 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1+ years Filed as: ACENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$341,716
PREFERRED RESOURCE SOLUTIONS1+ years Service code 13 6307 84TH ST SE · CALEDONIA, MI 49316	Contract Administrator	$280,991
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL RPCP Service code 27 · EIN 04-3046611	Advisory (Plan)	$49,977
DOLINKA VANNOORD & CO PLLP1+ years Filed as: DOLINKA VANNOORD & COMPANY PLLP Service code 10 · EIN 38-2426290	Accounting	$9,400
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070	Contract Administrator	$10

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$682K

$24 / participant

Contract admin$548K80.3%
Other / not subdivided$134K19.7%

% of EOY assets

5.948%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DOLINKA VANNOORD AND COMPANY, PLLP
Auditor EIN: 382426290
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$861

$23,187-96.3%

$67,704-98.7%

$69,651-98.8%

Participation rate

32.6%

20.5%+12.1pp

67.5%-34.9pp

66.6%-34.0pp

Annual return

1.91%

599.89%-598.0pp

25.41%-23.5pp

53.77%-51.9pp

Employer contribution / active EE

$277-100.0%

$2,559-100.0%

$2,241-100.0%

Participant deferral / active EE

$67

$676-90.0%

$3,585-98.1%

$3,635-98.1%

Admin fee / account holder

$51

$65-20.9%

$4,255-98.8%

$63-19.0%

Provider

Service type

Compensation

ASCENSUS LLC1+ years

Filed as: ACENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$341,716

PREFERRED RESOURCE SOLUTIONS1+ years

Service code 13

6307 84TH ST SE · CALEDONIA, MI 49316

Contract Administrator

$280,991

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL RPCP

Service code 27 · EIN 04-3046611

Advisory (Plan)

$49,977

DOLINKA VANNOORD & CO PLLP1+ years

Filed as: DOLINKA VANNOORD & COMPANY PLLP

Service code 10 · EIN 38-2426290

Accounting

$9,400

LINCOLN NATIONAL CORPORATION1+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$10

PESG, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PESG, LLC 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