Retirement plan

PLEASANT MOUNT WELDING, INC. 401K SALARY DEFERRAL PLAN

Name: PLEASANT MOUNT WELDING, INC. - PLEASANT MOUNT WELDING, INC. 401K SALARY DEFERRAL PLAN (2016) Form 5500
Creator: PLEASANT MOUNT WELDING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLEASANT MOUNT WELDING, INC. 401K SALARY DEFERRAL PLAN, PLEASANT MOUNT WELDING, INC.

PLEASANT MOUNT WELDING, INC.EIN 23-2515052Plan #001PY 2016

45 DUNDAFF ST. - CARBONDALE, PA 184071801570-282-6164LinkedIn51-200 employeesarchitecture & planning

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.4M

+9.0% from 2015

Total participants

114

-1.7% from 2015

Average account balance

$41,065

+7.1% from 2015

Annual return

8.83%

+9.29 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.33M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

54.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$236K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1699

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

Top 1 by compensation

Provider	Service type	Compensation
FLYNN FINANCIAL, LLC1 year Service code 99 · EIN 45-2041617	Other Fees	$0

Plan features & details

Pension benefit codes2F2G2J3D

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

Expense breakdown

Schedule H Part II

Admin total

$925

$8 / participant

Other / not subdivided$925100.0%

% of EOY assets

0.038%

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: MCGRAIL MERKEL QUINN & ASSOC., P.C.
Auditor EIN: 232226550
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,065

$60,165-31.7%

$74,184-44.6%

$55,167-25.6%

Participation rate

50.0%

74.2%-24.2pp

76.6%-26.6pp

69.0%-19.0pp

Annual return

8.83%

10.00%-1.2pp

17.74%-8.9pp

169.23%-160.4pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,181

$2,973-60.3%

$3,550-66.7%

$3,054-61.3%

Admin fee / account holder

$16

$419-96.3%

$5,586-99.7%

$504-96.9%

Provider

Service type

Compensation

FLYNN FINANCIAL, LLC1 year

Service code 99 · EIN 45-2041617

Other Fees

PLEASANT MOUNT WELDING, INC. 401K SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLEASANT MOUNT WELDING, INC. 401K SALARY DEFERRAL 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