Retirement plan

PVS CHEMICALS, INC. INTERNATIONAL CHEMICAL WORKERS UNION LOCAL NO. 5 PENSION PLAN AND TRUST

Name: PVS CHEMICAL SOLUTIONS, INC. - PVS CHEMICALS, INC. INTERNATIONAL CHEMICAL WORKERS UNION LOCAL NO. 5 PENSION PLAN AND TRUST (2016) Form 5500
Creator: PVS CHEMICAL SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PVS CHEMICALS, INC. INTERNATIONAL CHEMICAL WORKERS UNION LOCAL NO. 5 PENSION PLAN AND TRUST, PVS CHEMICAL SOLUTIONS, INC.

PVS CHEMICAL SOLUTIONS, INC.EIN 31-1012305Plan #008PY 2016

10900 HARPER AVENUE - DETROIT, MI 482133364313-921-1200

Other plans on this EIN

2 filings

#009Retirement-$2.0M assets #007Retirement-$188K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.3M

-1.9% from 2015

Total participants

-3.3% from 2015

Average account balance

$47,450

+5.4% from 2015

Annual return

4.55%

+5.45 pp from 2015

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-103.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2C2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.

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

Expense breakdown

Schedule H Part II

Admin total

$181K

$6721 / participant

Other / not subdivided$181K100.0%

% of EOY assets

14.163%

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

$47,450

$58,828-19.3%

$78,002-39.2%

$62,881-24.5%

Participation rate

92.6%

71.1%+21.5pp

75.5%+17.1pp

69.3%+23.3pp

Annual return

4.55%

17.16%-12.6pp

425.99%-421.4pp

20.14%-15.6pp

Employer contribution / active EE

$3,601

$1,672+115.4%

$2,470+45.8%

$2,281+57.9%

Participant deferral / active EE

$2,686-100.0%

$3,497-100.0%

$3,203-100.0%

Admin fee / account holder

$6,721

$4,393+53.0%

$5,481+22.6%

$4,296+56.4%

PVS CHEMICALS, INC. INTERNATIONAL CHEMICAL WORKERS UNION LOCAL NO. 5 PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PVS CHEMICALS, INC. INTERNATIONAL CHEMICAL WORKERS UNION LOCAL NO. 5 PENSION PLAN AND TRUST

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