Retirement plan

PINCUS ELEVATOR COMPANY 401(K) PROFIT SHARING PLAN

Name: PINCUS ELEVATOR COMPANY - PINCUS ELEVATOR COMPANY 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: PINCUS ELEVATOR COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINCUS ELEVATOR COMPANY 401(K) PROFIT SHARING PLAN, PINCUS ELEVATOR COMPANY

PINCUS ELEVATOR COMPANYEIN 23-2374004Plan #001PY 2017

901 S BOLMAR ST STE Q - WEST CHESTER, PA 193824550610-738-4350pincuselevator.comLinkedIn11-50 employeescommercial real estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$431K

+58.3% from 2016

Total participants

+35.7% from 2016

Average account balance

$33,129

+70.5% from 2016

Annual return

20.17%

+8.39 pp from 2016

Benchmarks

See 37,231 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,231 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.31M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$374K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7034

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$16K

$1207 / participant

Other / not subdivided$16K100.0%

% of EOY assets

3.644%

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

$33,129

$106,003-68.7%

$92,236-64.1%

$147,585-77.6%

Participation rate

53.8%

80.4%-26.6pp

76.5%-22.6pp

82.8%-29.0pp

Annual return

20.17%

50.05%-29.9pp

176.29%-156.1pp

578.57%-558.4pp

Employer contribution / active EE

$3,149

$4,333-27.3%

$3,679-14.4%

$4,876-35.4%

Participant deferral / active EE

$5,787

$4,478+29.2%

$3,897+48.5%

$5,439+6.4%

Admin fee / account holder

$1,207

$6,333-80.9%

$5,194-76.8%

$10,885-88.9%

PINCUS ELEVATOR COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINCUS ELEVATOR COMPANY 401(K) PROFIT SHARING 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