Retirement plan

PROFESSIONAL MANAGEMENT INC 401K PROFIT SHARING PL

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

PROFESSIONAL MANAGEMENT INC. 401K PROFIT SHARING PLANEIN 34-1542632Plan #001PY 2017

10750 PEARL ROAD, SUITE E1 - STRONGSVILLE, OH 44136440-572-5522

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+24.9% from 2016

Total participants

+20.0% from 2016

Average account balance

$231,061

+4.1% from 2016

Annual return

17.23%

+10.70 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.39M

Not enough data

1 years with asset history on file

Average account balance

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

$596K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+30.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9875

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 codes2E2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

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

$231,061

$198,461+16.4%

$170,436+35.6%

$147,585+56.6%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

17.23%

257.30%-240.1pp

205.94%-188.7pp

578.57%-561.3pp

Employer contribution / active EE

$1,830

$6,184-70.4%

$5,433-66.3%

$4,876-62.5%

Participant deferral / active EE

$12,308

$5,629+118.6%

$4,939+149.2%

$5,439+126.3%

Admin fee / account holder

$16,852-100.0%

$13,880-100.0%

$10,885-100.0%

PROFESSIONAL MANAGEMENT INC 401K PROFIT SHARING PL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PROFESSIONAL MANAGEMENT INC 401K PROFIT SHARING PL

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