Retirement plan

PAKO, INC 401K PROFIT SHARING PLAN

Name: PAKO, INC. - PAKO, INC 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: PAKO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAKO, INC 401K PROFIT SHARING PLAN, PAKO, INC.

PAKO, INC.EIN 34-1123019Plan #001PY 2017

7615 JENTHER DRIVE - MENTOR, OH 44060440-946-8030

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.5M

+14.0% from 2016

Total participants

235

-1.7% from 2016

Average account balance

$77,784

+14.6% from 2016

Annual return

13.45%

+5.83 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.83M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

221

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.

85.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$406

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

Top 4 by compensation

Provider	Service type	Compensation
MOSKAL GROSS ORCHOSKY3+ years Filed as: MOSKAL GROSS ORCHOSKY INC Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122	Recordkeeping	$46,178
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$43,236
MGO INVESTMENT ADVISORS3+ years Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122	Advisory (Participants)	$25,987
MOSKAL GROSS ORCHOSKY1 year Filed as: MOSKAL GROSS ORCHOSKY INC. Service code 15	Recordkeeping	$20,962

Plan features & details

Pension benefit codes2G2E2J2K2F2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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: WALTON & STEWART, INC. CPAS
Auditor EIN: 341662414
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,784

$64,909+19.8%

$82,312-5.5%

$62,293+24.9%

Participation rate

84.0%

74.9%+9.1pp

76.9%+7.1pp

69.5%+14.5pp

Annual return

13.45%

21.18%-7.7pp

25.88%-12.4pp

28.90%-15.4pp

Employer contribution / active EE

$1,125

$1,676-32.9%

$2,428-53.7%

$2,042-44.9%

Participant deferral / active EE

$3,508

$3,103+13.0%

$3,706-5.4%

$3,169+10.7%

Admin fee / account holder

$440-100.0%

$5,608-100.0%

$479-100.0%

Provider

Service type

Compensation

MOSKAL GROSS ORCHOSKY3+ years

Filed as: MOSKAL GROSS ORCHOSKY INC

Service code 15

24400 CHAGRIN BLVD · BEACHWOOD, OH 44122

Recordkeeping

$46,178

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$43,236

MGO INVESTMENT ADVISORS3+ years

Service code 26

24400 CHAGRIN BLVD · BEACHWOOD, OH 44122

Advisory (Participants)

$25,987

MOSKAL GROSS ORCHOSKY1 year

Filed as: MOSKAL GROSS ORCHOSKY INC.

Service code 15

Recordkeeping

$20,962

PAKO, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PAKO, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion