Retirement plan

PEOPLES FIRST SAVINGS BANK 401(K) PLAN

Name: PEOPLES FIRST SAVINGS BANK - PEOPLES FIRST SAVINGS BANK 401(K) PLAN (2017) Form 5500
Creator: PEOPLES FIRST SAVINGS BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEOPLES FIRST SAVINGS BANK 401(K) PLAN, PEOPLES FIRST SAVINGS BANK

PEOPLES FIRST SAVINGS BANKEIN 31-0404830Plan #002PY 2017

225 READING ROAD - MASON, OH 45040513-398-1040peoplesfirstohio.comLinkedIn11-50 employeesbanking

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$375K

-4.7% from 2016

Total participants

-6.3% from 2016

Average account balance

$26,815

+2.1% from 2016

Annual return

9.84%

+5.92 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.70M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

163.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

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

+14.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2662

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$138K

$9857 / participant

Other / not subdivided$138K100.0%

% of EOY assets

36.759%

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

$26,815

$171,867-84.4%

$149,721-82.1%

$147,586-81.8%

Participation rate

92.9%

88.2%+4.7pp

87.1%+5.8pp

82.8%+10.0pp

Annual return

9.84%

2113.36%-2103.5pp

1501.67%-1491.8pp

578.59%-568.8pp

Employer contribution / active EE

$2,042

$6,275-67.4%

$5,444-62.5%

$4,876-58.1%

Participant deferral / active EE

$3,505

$7,270-51.8%

$6,568-46.6%

$5,439-35.6%

Admin fee / account holder

$9,857

$13,799-28.6%

$11,282-12.6%

$10,886-9.5%

PEOPLES FIRST SAVINGS BANK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEOPLES FIRST SAVINGS BANK 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