Retirement plan

PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN

Name: PRESTRESS SERVICES INDUSTRIES, LLC - PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN (2024) Form 5500
Creator: PRESTRESS SERVICES INDUSTRIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN, PRESTRESS SERVICES INDUSTRIES, LLC

PRESTRESS SERVICES INDUSTRIES, LLCEIN 22-0505455Plan #001PY 2024

3400 SOUTHWEST BLVD - GROVE CITY, OH 43123216-378-9061prestressservices.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$12.5M

+9.5% from 2023

Total participants

215

-6.5% from 2023

Average account balance

$102,521

+13.1% from 2023

Annual return

14.71%

-3.41 pp from 2023

Benchmarks

See 1,852 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,852 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.51M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

122

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.

47.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$474K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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 3 by compensation

Provider	Service type	Compensation
PCA INVESTMENT ADVISORY SERVICES9 years Service code 27 · EIN 59-3766965	Advisory (Plan)	$6,898
PENSION CORPORATION OF AMERICA9 years Service code 13 · EIN 31-1360674	Contract Administrator	$3,958
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 50 · EIN 82-3967259	Direct Payment	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3B3D3H

Plan features

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$11K

$61 / participant

Investment mgmt$7K63.5%
Other / not subdivided$4K36.5%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DEAN DORTON ALLEN FORD, PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,521

$78,483+30.6%

$106,201-3.5%

$74,546+37.5%

Participation rate

47.8%

72.8%-25.1pp

75.3%-27.5pp

67.2%-19.5pp

Annual return

14.71%

15.94%-1.2pp

116.26%-101.6pp

1366.03%-1351.3pp

Employer contribution / active EE

$437

$2,522-82.7%

$3,170-86.2%

$2,624-83.4%

Participant deferral / active EE

$2,227

$4,320-48.4%

$5,012-55.6%

$4,347-48.8%

Admin fee / account holder

$89

$2,236-96.0%

$11,039-99.2%

$1,944-95.4%

Provider

Service type

Compensation

PCA INVESTMENT ADVISORY SERVICES9 years

Service code 27 · EIN 59-3766965

Advisory (Plan)

$6,898

PENSION CORPORATION OF AMERICA9 years

Service code 13 · EIN 31-1360674

Contract Administrator

$3,958

CHARLES SCHWAB & CO., INC.5 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 50 · EIN 82-3967259

Direct Payment

PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESTRESS SERVICES INDUSTRIES, 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