Retirement plan

PRESTIGE PETROLEUM CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PRESTIGE PETROLEUM CORP - PRESTIGE PETROLEUM CORP. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: PRESTIGE PETROLEUM CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRESTIGE PETROLEUM CORP. 401(K) PROFIT SHARING PLAN AND TRUST, PRESTIGE PETROLEUM CORP

PRESTIGE PETROLEUM CORPEIN 22-3028200Plan #001PY 2018

5306 ROUTE 9W - NEWBURGH, NY 125501300845-562-2670

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

-2.3% from 2017

Total participants

-15.8% from 2017

Average account balance

$249,949

-2.3% from 2017

Annual return

-7.54%

-34.87 pp from 2017

Benchmarks

See 18,623 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,623 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.41M

Not enough data

1 years with asset history on file

Average account balance

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

$441K

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.

62.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$145K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+20.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16627

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 codes2J

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$598

$37 / participant

Other / not subdivided$598100.0%

% of EOY assets

0.034%

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

$249,949

$95,979+160.4%

$74,551+235.3%

$135,380+84.6%

Participation rate

43.8%

75.7%-31.9pp

69.1%-25.4pp

82.6%-38.9pp

Annual return

-7.54%

56.97%-64.5pp

32.53%-40.1pp

519.81%-527.3pp

Employer contribution / active EE

$1,689

$2,716-37.8%

$1,961-13.9%

$4,779-64.7%

Participant deferral / active EE

$4,131

$3,844+7.5%

$3,108+32.9%

$5,609-26.4%

Admin fee / account holder

$85

$6,522-98.7%

$5,059-98.3%

$10,828-99.2%

PRESTIGE PETROLEUM CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESTIGE PETROLEUM CORP. 401(K) PROFIT SHARING PLAN AND TRUST

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