Retirement plan

PACIFIC CENTURY CUSTOMS SERVICE, INC. 401(K) PROFIT SHARING PLAN

Name: PACIFIC CENTURY CUSTOMS SERVICE, INC. - PACIFIC CENTURY CUSTOMS SERVICE, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: PACIFIC CENTURY CUSTOMS SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC CENTURY CUSTOMS SERVICE, INC. 401(K) PROFIT SHARING PLAN, PACIFIC CENTURY CUSTOMS SERVICE, INC.

PACIFIC CENTURY CUSTOMS SERVICE, INC.EIN 33-0304293Plan #002PY 2018

2936 COLUMBIA ST. - TORRANCE, CA 905033806310-670-1891LinkedIn1-10 employeesmanagement consulting

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.2M

+5.1% from 2017

Total participants

+37.5% from 2017

Average account balance

$116,571

+15.6% from 2017

Annual return

3.79%

-27.50 pp from 2017

Benchmarks

See 6,534 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,534 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$486K

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

16.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$733

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57060

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 codes2F2G2J2T3D

Plan features

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$14K

$636 / participant

Other / not subdivided$14K100.0%

% of EOY assets

1.201%

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

$116,571

$85,790+35.9%

$67,313+73.2%

$135,380-13.9%

Participation rate

45.5%

76.5%-31.0pp

69.1%-23.6pp

82.6%-37.2pp

Annual return

3.79%

-0.54%+4.3pp

-4.08%+7.9pp

519.81%-516.0pp

Employer contribution / active EE

$3,487-100.0%

$2,566-100.0%

$4,779-100.0%

Participant deferral / active EE

$1,309

$4,651-71.9%

$3,568-63.3%

$5,609-76.7%

Admin fee / account holder

$1,400

$6,392-78.1%

$4,507-68.9%

$10,828-87.1%

PACIFIC CENTURY CUSTOMS SERVICE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC CENTURY CUSTOMS SERVICE, INC. 401(K) PROFIT SHARING 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