Retirement plan

PENN DETROIT DIESEL ALLISON, LLC 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES

Name: PENN DETROIT DIESEL ALLISON, LLC - PENN DETROIT DIESEL ALLISON, LLC 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES (2020) Form 5500
Creator: PENN DETROIT DIESEL ALLISON, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENN DETROIT DIESEL ALLISON, LLC 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES, PENN DETROIT DIESEL ALLISON, LLC

PENN DETROIT DIESEL ALLISON, LLCEIN 20-5189445Plan #003PY 2020

8330 STATE ROAD - PHILADELPHIA, PA 19136215-335-0500pennpowergroup.comLinkedIn501-1000 employeesoil & energy

Other plans on this EIN

1 filing

#001Retirement-$42.2M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$9.3M

+15.0% from 2019

Total participants

178

+5.3% from 2019

Average account balance

$60,777

+11.2% from 2019

Annual return

13.97%

-12.46 pp from 2019

Benchmarks

See 9,208 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,208 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.15M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

134

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.

71.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$452K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+5.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
RSM US LLP2 years Filed as: RSM US WEALTH MGMNT LLC Service code 15 · EIN 41-1944416	Recordkeeping	$6,308
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,651

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$8K

$91 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

0 / 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: KREISCHER MILLER
Auditor EIN: 231980475
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,777

$91,559-33.6%

$133,959-54.6%

$79,858-23.9%

Participation rate

70.9%

73.3%-2.4pp

79.8%-8.9pp

69.6%+1.3pp

Annual return

13.97%

61.85%-47.9pp

45.09%-31.1pp

31.72%-17.7pp

Employer contribution / active EE

$1,771

$2,384-25.7%

$3,919-54.8%

$2,471-28.3%

Participant deferral / active EE

$3,087

$3,734-17.3%

$5,047-38.8%

$3,740-17.5%

Admin fee / account holder

$51

$6,321-99.2%

$8,928-99.4%

$5,306-99.0%

Provider

Service type

Compensation

RSM US LLP2 years

Filed as: RSM US WEALTH MGMNT LLC

Service code 15 · EIN 41-1944416

Recordkeeping

$6,308

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,651

PENN DETROIT DIESEL ALLISON, LLC 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENN DETROIT DIESEL ALLISON, LLC 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES

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