Retirement plan

PENCOR SERVICES, INC. 401(K) SALARY REDUCTION PLAN

Name: PENCOR SERVICES, INC. - PENCOR SERVICES, INC. 401(K) SALARY REDUCTION PLAN (2017) Form 5500
Creator: PENCOR SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENCOR SERVICES, INC. 401(K) SALARY REDUCTION PLAN, PENCOR SERVICES, INC.

PENCOR SERVICES, INC.EIN 24-0820653Plan #004PY 2017

613 N. THIRD STREET - PALMERTON, PA 18071610-826-2552pencor.comLinkedIn501-1000 employeesbroadcast media

Other plans on this EIN

3 filings

#002Retirement-$101.4M assets #003Retirement-$12.8M assets #001Retirement-$1.9M assets

Prospect flagsLow returnsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$15.5M

+14.4% from 2016

Total participants

603

+4.5% from 2016

Average account balance

$47,718

-1.4% from 2016

Annual return

14.38%

+6.91 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.04M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

594

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$78,871
MARKLEY ACTUARIAL SERVICES, INC.2 years Service code 49 · EIN 23-2439467 26-28 W KING ST · LANCASTER, PA 17603	Other Services	$1,150
BB&T INVESTMENT SERVICES INC2 years Filed as: BB&T INVESTMENT SERVICES, INC. Service code 27 200 SOUTH COLLEGE STREET · CHARLOTTE, NC 28202	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2F2G2J2T3D3H2K2S

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$81K

$144 / participant

Investment mgmt$81K100.0%

% of EOY assets

0.522%

all-in expense ratio

Categories reported

1 / 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: WILLIAM E. HOWE & CO.
Auditor EIN: 231682016
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,718

$65,592-27.2%

$90,161-47.1%

$69,631-31.5%

Participation rate

50.5%

77.6%-27.1pp

76.9%-26.3pp

70.7%-20.2pp

Annual return

14.38%

57.10%-42.7pp

34.89%-20.5pp

27571.02%-27556.6pp

Employer contribution / active EE

$2,193-100.0%

$3,318-100.0%

$2,032-100.0%

Participant deferral / active EE

$1,456

$5,257-72.3%

$5,287-72.5%

$3,224-54.8%

Admin fee / account holder

$249

$86+191.0%

$5,943-95.8%

$110+125.7%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$78,871

MARKLEY ACTUARIAL SERVICES, INC.2 years

Service code 49 · EIN 23-2439467

26-28 W KING ST · LANCASTER, PA 17603

Other Services

$1,150

BB&T INVESTMENT SERVICES INC2 years

Filed as: BB&T INVESTMENT SERVICES, INC.

Service code 27

200 SOUTH COLLEGE STREET · CHARLOTTE, NC 28202

Advisory (Plan)

PENCOR SERVICES, INC. 401(K) SALARY REDUCTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENCOR SERVICES, INC. 401(K) SALARY REDUCTION 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