Retirement plan

PALMYRA BOLOGNA PROFIT SHARING PLAN AND TRUST

Name: PALMYRA BOLOGNA COMPANY D.B.A. SELTZER'S LEBANON BOLOGNA COMPANY - PALMYRA BOLOGNA PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: PALMYRA BOLOGNA COMPANY D.B.A. SELTZER'S LEBANON BOLOGNA COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALMYRA BOLOGNA PROFIT SHARING PLAN AND TRUST, PALMYRA BOLOGNA COMPANY D.B.A. SELTZER'S LEBANON BOLOGNA COMPANY

PALMYRA BOLOGNA COMPANY D.B.A. SELTZER'S LEBANON BOLOGNA COMPANYEIN 23-0939960Plan #001PY 2020

230 N COLLEGE ST - PALMYRA, PA 170781609717-838-6336

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

-9.2% from 2019

Total participants

-7.5% from 2019

Average account balance

$48,778

-0.8% from 2019

Annual return

9.97%

-6.33 pp from 2019

Benchmarks

See 2,371 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,371 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.70M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

130.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$275K

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9501

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 codes2E2J2F2G3D2T

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.
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.
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

$814K

$15356 / participant

Other / not subdivided$814K100.0%

% of EOY assets

30.898%

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

$48,778

$63,082-22.7%

$81,716-40.3%

$79,852-38.9%

Participation rate

84.9%

67.5%+17.4pp

72.0%+12.9pp

69.6%+15.3pp

Annual return

9.97%

22.66%-12.7pp

29.49%-19.5pp

31.72%-21.8pp

Employer contribution / active EE

$3,113

$1,795+73.4%

$4,310-27.8%

$2,471+26.0%

Participant deferral / active EE

$1,532

$2,780-44.9%

$7,108-78.4%

$3,740-59.0%

Admin fee / account holder

$15,072

$4,428+240.3%

$5,159+192.1%

$5,306+184.0%

PALMYRA BOLOGNA PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALMYRA BOLOGNA 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