Retirement plan

EMPLOYEE BENEFIT PLAN OF PORTLAND FISH EXCHANGE

Name: PORTLAND FISH EXCHANGE - EMPLOYEE BENEFIT PLAN OF PORTLAND FISH EXCHANGE (2021) Form 5500
Creator: PORTLAND FISH EXCHANGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PORTLAND FISH EXCHANGE, PORTLAND FISH EXCHANGE

PORTLAND FISH EXCHANGEEIN 22-2689746Plan #001PY 2021

6 PORTLAND FISH PIER - PORTLAND, ME 041014620207-773-0017portlandfishexchange.comLinkedIn1-10 employeesenvironmental services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$390K

-7.6% from 2020

Total participants

-10.0% from 2020

Average account balance

$21,643

+2.6% from 2020

Annual return

13.97%

-12.80 pp from 2020

Benchmarks

See 15,333 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort15,333 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$328K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

240.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7817

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 codes2F2G3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$109K

$27240 / participant

Other / not subdivided$109K100.0%

% of EOY assets

27.969%

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

$21,643

$114,073-81.0%

$96,161-77.5%

$167,518-87.1%

Participation rate

100.0%

75.1%+24.9pp

68.4%+31.6pp

82.1%+17.9pp

Annual return

13.97%

189.95%-176.0pp

192.01%-178.0pp

478.71%-464.7pp

Employer contribution / active EE

$1,628

$3,428-52.5%

$2,798-41.8%

$4,838-66.4%

Participant deferral / active EE

$2,806

$5,195-46.0%

$4,349-35.5%

$6,342-55.8%

Admin fee / account holder

$6,053

$6,899-12.3%

$5,538+9.3%

$12,312-50.8%

EMPLOYEE BENEFIT PLAN OF PORTLAND FISH EXCHANGE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PORTLAND FISH EXCHANGE

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