Retirement plan

PACOLET MILLIKEN, LLC RETIREMENT PLAN

Name: PACOLET MILLIKEN, LLC - PACOLET MILLIKEN, LLC RETIREMENT PLAN (2024) Form 5500
Creator: PACOLET MILLIKEN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACOLET MILLIKEN, LLC RETIREMENT PLAN, PACOLET MILLIKEN, LLC

PACOLET MILLIKEN, LLCEIN 26-1392109Plan #001PY 2024

2 WEST WASHINGTON ST, STE 700 - GREENVILLE, SC 29601864-342-6157pacoletmilliken.comLinkedIn51-200 employeesinvestment management

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed November 16, 2022 (most recent of 2 filings on file)

Plan administrator

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550 S MAIN STREET SUITE 601

GREENVILLE, SC 29601

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Plans declared (1)

THE PACOLET MILLIKEN NONQUALIFIED RETIREMENT PLAN10 emp

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Total assets (EOY)

$32.6M

+20.9% from 2023

Total participants

242

+0.4% from 2023

Average account balance

$137,603

+7.1% from 2023

Annual return

18.73%

-1.68 pp from 2023

Benchmarks

See 940 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort940 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.61M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

237

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+18.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC9 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$24,772

Plan features & details

Pension benefit codes2G2J2R2S2T3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$25K

$123 / participant

Recordkeeping$25K100.0%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$137,603

$62,166+121.3%

$81,353+69.1%

$74,459+84.8%

Participation rate

97.5%

64.1%+33.5pp

69.5%+28.0pp

67.2%+30.3pp

Annual return

18.73%

16.50%+2.2pp

24.82%-6.1pp

1369.70%-1351.0pp

Employer contribution / active EE

$5,191

$1,881+176.0%

$2,464+110.7%

$2,626+97.7%

Participant deferral / active EE

$8,049

$3,223+149.7%

$3,885+107.2%

$4,350+85.1%

Admin fee / account holder

$105

$1,925-94.6%

$5,766-98.2%

$1,945-94.6%

Provider

Service type

Compensation

T ROWE PRICE RPS INC9 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$24,772

PACOLET MILLIKEN, LLC RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACOLET MILLIKEN, LLC RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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