Retirement plan

PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN

Name: PRESTRESS SERVICES INDUSTRIES, LLC - PRESTRESS SERVICES INDUSTRIES, LLC 401(K) PLAN (2016) 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 2016

250 NORTH HARTFORD AVE, SUITE 310 - COLUMBUS, OH 432221110216-378-9061prestressservices.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$9.1M

+1.3% from 2015

Total participants

340

-25.9% from 2015

Average account balance

$45,040

+17.3% from 2015

Annual return

6.83%

+6.18 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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 4 by compensation

Provider	Service type	Compensation
UNIFIED TRUST COMPANY, N.A.2+ years Filed as: UNIFIED TRUST COMPANY Service code 13 · EIN 61-1256314 2353 ALEXANDRIA DRIVE, STE 100 · LEXINGTON, KY 40504	Contract Administrator	$36,844
PCA INVESTMENT ADVISORY SERVICES1 year Service code 26 · EIN 59-3766965	Advisory (Participants)	$4,930
PENSION CORPORATION OF AMERICA1 year Service code 13 · EIN 31-1360674	Contract Administrator	$3,745
CHARLES SCHWAB & CO., INC.1 year Service code 59 · EIN 94-1737782	Shareholder Servicing	$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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$46K

$156 / participant

Investment mgmt$5K10.8%
Contract admin$41K89.2%

% of EOY assets

0.498%

all-in expense ratio

Categories reported

2 / 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: DEAN DORTON ALLEN FORD, PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,040

$74,024-39.2%

$78,002-42.3%

$57,658-21.9%

Participation rate

53.1%

79.7%-26.7pp

75.5%-22.4pp

70.2%-17.1pp

Annual return

6.83%

12.14%-5.3pp

425.99%-419.2pp

5.13%+1.7pp

Employer contribution / active EE

$528

$2,365-77.7%

$2,470-78.6%

$1,974-73.3%

Participant deferral / active EE

$1,610

$3,533-54.4%

$3,497-54.0%

$3,061-47.4%

Admin fee / account holder

$224

$93+140.6%

$5,481-95.9%

$95+137.2%

Provider

Service type

Compensation

UNIFIED TRUST COMPANY, N.A.2+ years

Filed as: UNIFIED TRUST COMPANY

Service code 13 · EIN 61-1256314

2353 ALEXANDRIA DRIVE, STE 100 · LEXINGTON, KY 40504

Contract Administrator

$36,844

PCA INVESTMENT ADVISORY SERVICES1 year

Service code 26 · EIN 59-3766965

Advisory (Participants)

$4,930

PENSION CORPORATION OF AMERICA1 year

Service code 13 · EIN 31-1360674

Contract Administrator

$3,745

CHARLES SCHWAB & CO., INC.1 year

Service code 59 · EIN 94-1737782

Shareholder Servicing

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