Retirement plan

PEGASUS TECHNICAL SERVICES, INC 401(K) PLAN

Name: PEGASUS TECHNICAL SERVICES, INC - PEGASUS TECHNICAL SERVICES, INC 401(K) PLAN (2020) Form 5500
Creator: PEGASUS TECHNICAL SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEGASUS TECHNICAL SERVICES, INC 401(K) PLAN, PEGASUS TECHNICAL SERVICES, INC

PEGASUS TECHNICAL SERVICES, INCEIN 31-1463274Plan #001PY 2020

46 E HOLLISTER ST - CINCINNATI, OH 45219513-793-0094ptsied.comLinkedIn51-200 employeesenvironmental services

Prospect flagsRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$5.6M

+23.0% from 2019

Total participants

104

+5.1% from 2019

Average account balance

$55,044

+20.5% from 2019

Annual return

16.16%

-4.94 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.98M

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.

141.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$401K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4868

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 3 by compensation

Provider	Service type	Compensation
VALMARK ADVISERS INC3 years Filed as: VALMARK SECURITIES INC. Service code 15 · EIN 31-1509466	Recordkeeping	$10,926
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$9,904
ADP BROKER-DEALER4 years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$21K

$289 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.375%

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: RUDLER, PSC
Auditor EIN: 311048275
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,044

$98,766-44.3%

$149,730-63.2%

$79,852-31.1%

Participation rate

95.8%

75.8%+20.1pp

82.5%+13.4pp

69.6%+26.2pp

Annual return

16.16%

27.43%-11.3pp

276.70%-260.5pp

31.72%-15.6pp

Employer contribution / active EE

$2,152

$3,217-33.1%

$4,645-53.7%

$2,471-12.9%

Participant deferral / active EE

$3,066

$5,681-46.0%

$6,843-55.2%

$3,740-18.0%

Admin fee / account holder

$206

$6,052-96.6%

$9,310-97.8%

$5,306-96.1%

Provider

Service type

Compensation

VALMARK ADVISERS INC3 years

Filed as: VALMARK SECURITIES INC.

Service code 15 · EIN 31-1509466

Recordkeeping

$10,926

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$9,904

ADP BROKER-DEALER4 years

Service code 59 · EIN 22-3319984

Shareholder Servicing

PEGASUS TECHNICAL SERVICES, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEGASUS TECHNICAL SERVICES, INC 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