Retirement plan

PENN WAREHOUSING & DISTRIBUTION, INC. UNION 401(K) PLAN

Name: PENN WAREHOUSING & DISTRIBUTION, INC. - PENN WAREHOUSING & DISTRIBUTION, INC. UNION 401(K) PLAN (2015) Form 5500
Creator: PENN WAREHOUSING & DISTRIBUTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENN WAREHOUSING & DISTRIBUTION, INC. UNION 401(K) PLAN, PENN WAREHOUSING & DISTRIBUTION, INC.

PENN WAREHOUSING & DISTRIBUTION, INC.EIN 23-2183771Plan #003PY 2015

2147 S. COLUMBUS BLVD. - PHILADELPHIA, PA 19148215-218-3009LinkedIn201-500 employeespackage/freight delivery

Other plans on this EIN

1 filing

#002Retirement-$9.7M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$949K

No prior year

Total participants

198

No prior year

Average account balance

$23,724

No prior year

Annual return

6.29%

No prior year

Benchmarks

See 124 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort124 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

30.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$153K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$496

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$779

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 codes2E2F2G2J2T3D3H

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$15 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.306%

all-in expense ratio

Categories reported

0 / 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: ZELNICK, MANN AND WINIKUR P.C.
Auditor EIN: 232866886
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,724

$33,914-30.0%

$63,412-62.6%

$52,331-54.7%

Participation rate

16.8%

59.6%-42.7pp

67.1%-50.3pp

68.1%-51.3pp

Annual return

6.29%

3.22%+3.1pp

4.04%+2.3pp

4.54%+1.8pp

Employer contribution / active EE

$1,121-100.0%

$1,814-100.0%

$1,882-100.0%

Participant deferral / active EE

$419

$1,733-75.8%

$2,496-83.2%

$3,022-86.1%

Admin fee / account holder

$73

$353-79.5%

$3,753-98.1%

$592-87.7%

PENN WAREHOUSING & DISTRIBUTION, INC. UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENN WAREHOUSING & DISTRIBUTION, INC. UNION 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