Retirement plan

THE PRINCE & IZANT COMPANY PROFIT SHARING PLAN AND TRUST

Name: THE PRINCE & IZANT COMPANY - THE PRINCE & IZANT COMPANY PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: THE PRINCE & IZANT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PRINCE & IZANT COMPANY PROFIT SHARING PLAN AND TRUST, THE PRINCE & IZANT COMPANY

THE PRINCE & IZANT COMPANYEIN 34-0471740Plan #001PY 2015

12999 PLAZA DRIVE - CLEVELAND, OH 44130216-362-7000princeizant.comLinkedIn51-200 employeesmining & metals

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.7M

No prior year

Total participants

118

No prior year

Average account balance

$126,970

No prior year

Annual return

-0.72%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.21M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

157

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+8.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$461

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

1 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 codes2E2F2G2J2T

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.

Opportunity flags

1 tripped

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

$793K

$7212 / participant

Other / not subdivided$793K100.0%

% of EOY assets

5.386%

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

$126,970

$54,320+133.7%

$67,652+87.7%

$52,331+142.6%

Participation rate

98.2%

73.6%+24.6pp

75.7%+22.5pp

68.1%+30.1pp

Annual return

-0.72%

6.81%-7.5pp

6625.40%-6626.1pp

4.54%-5.3pp

Employer contribution / active EE

$9,053

$1,544+486.5%

$2,266+299.6%

$1,882+381.1%

Participant deferral / active EE

$2,917

$2,950-1.1%

$3,560-18.0%

$3,022-3.5%

Admin fee / account holder

$6,839

$527+1198.8%

$4,821+41.9%

$592+1056.1%

THE PRINCE & IZANT COMPANY PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PRINCE & IZANT COMPANY PROFIT SHARING 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