Retirement plan

PENN-OHIO ELECTRICAL COMPANY, INC. 401(K) & PROFIT SHARING PLAN

Name: PENN OHIO ELECTRICAL COMPANY, INC. - PENN-OHIO ELECTRICAL COMPANY, INC. 401(K) & PROFIT SHARING PLAN (2021) Form 5500
Creator: PENN OHIO ELECTRICAL COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENN-OHIO ELECTRICAL COMPANY, INC. 401(K) & PROFIT SHARING PLAN, PENN OHIO ELECTRICAL COMPANY, INC.

PENN OHIO ELECTRICAL COMPANY, INC.EIN 34-1023213Plan #001PY 2021

1370 SHARON-HOGUE RD. NE - MASURY, OH 44438330-448-4066pennohioelectric.comLinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+14.8% from 2020

Total participants

+10.5% from 2020

Average account balance

$133,814

-12.5% from 2020

Annual return

11.22%

+2.52 pp from 2020

Benchmarks

See 44,711 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,711 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.19M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

138.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9995

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 codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

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

$22K

$1585 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.790%

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

$133,814

$124,314+7.6%

$109,163+22.6%

$167,518-20.1%

Participation rate

100.0%

79.4%+20.6pp

75.9%+24.1pp

82.1%+17.9pp

Annual return

11.22%

26.04%-14.8pp

25.75%-14.5pp

478.71%-467.5pp

Employer contribution / active EE

$3,547

$4,209-15.7%

$3,723-4.7%

$4,838-26.7%

Participant deferral / active EE

$2,907

$5,256-44.7%

$4,654-37.5%

$6,342-54.2%

Admin fee / account holder

$1,057

$7,973-86.7%

$6,754-84.4%

$12,312-91.4%

PENN-OHIO ELECTRICAL COMPANY, INC. 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENN-OHIO ELECTRICAL COMPANY, 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