Retirement plan

PGS/GS 401(K) PLAN

Name: PRADKO, GALLAGHER AND SLANEC, P.L.L.C. - PGS/GS 401(K) PLAN (2024) Form 5500
Creator: PRADKO, GALLAGHER AND SLANEC, P.L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PGS/GS 401(K) PLAN, PRADKO, GALLAGHER AND SLANEC, P.L.L.C.

PRADKO, GALLAGHER AND SLANEC, P.L.L.C.EIN 32-0095591Plan #002PY 2024

36600 HERITAGE DRIVE - RICHMOND, MI 480621937586-727-3815LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$5.0M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$842K

+60.1% from 2023

Total participants

+16.7% from 2023

Average account balance

$70,187

+20.1% from 2023

Annual return

32.94%

+26.80 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Not enough data

0 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

-100.00%

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 codes2E2F2G2J3D3H

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$10K

$869 / participant

Other / not subdivided$10K100.0%

% of EOY assets

1.135%

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

$70,187

$183,516-61.8%

$155,534-54.9%

$145,884-51.9%

Participation rate

81.8%

82.7%-0.9pp

78.2%+3.6pp

80.3%+1.5pp

Annual return

32.94%

61.43%-28.5pp

64.92%-32.0pp

551.85%-518.9pp

Employer contribution / active EE

$439

$5,315-91.7%

$4,675-90.6%

$4,662-90.6%

Participant deferral / active EE

$12,538

$6,467+93.9%

$5,630+122.7%

$6,690+87.4%

Admin fee / account holder

$797

$19,293-95.9%

$15,900-95.0%

$13,392-94.0%

PGS/GS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PGS/GS 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