Retirement plan

PARK PLACE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Name: PARK PLACE TECHNOLOGIES, INC. - PARK PLACE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: PARK PLACE TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARK PLACE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN, PARK PLACE TECHNOLOGIES, INC.

PARK PLACE TECHNOLOGIES, INC.EIN 34-1675040Plan #001PY 2015

5910 LANDERBROOK DRIVE - MAYFIELD HEIGHTS, OH 44124800-931-3366parkplacetechnologies.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.2M

No prior year

Total participants

433

No prior year

Average account balance

$35,818

No prior year

Annual return

0.25%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$152.64M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

1,819

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$199

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
CETERA ADVISOR NETWORKS LLC1+ years Service code 55 200 N SEPULVEDA BLVD STE 1200 · EL SEGUNDO, CA 902455670	Other Commissions	$45,197
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$42,686
GROUP HEALTH & BENEFIT ADMIN1+ years Service code 13 546 MAIN STREET, SUITE 101 · WORCESTER, MA 01608	Contract Administrator	$13,016
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,325

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.

Expense breakdown

Schedule H Part II

Admin total

$45K

$128 / participant

Contract admin$45K100.0%

% of EOY assets

0.315%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: SKODA MINOTTI
Auditor EIN: 341945206
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,818

$88,324-59.4%

$115,037-68.9%

$55,191-35.1%

Participation rate

89.4%

72.5%+16.8pp

81.4%+8.0pp

69.2%+20.2pp

Annual return

0.25%

6.30%-6.0pp

26.14%-25.9pp

10.78%-10.5pp

Employer contribution / active EE

$2,029

$2,805-27.6%

$4,608-56.0%

$1,899+6.9%

Participant deferral / active EE

$5,524

$5,042+9.6%

$6,026-8.3%

$3,046+81.3%

Admin fee / account holder

$113

$105+6.9%

$8,175-98.6%

$91+24.1%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1+ years

Service code 55

200 N SEPULVEDA BLVD STE 1200 · EL SEGUNDO, CA 902455670

Other Commissions

$45,197

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$42,686

GROUP HEALTH & BENEFIT ADMIN1+ years

Service code 13

546 MAIN STREET, SUITE 101 · WORCESTER, MA 01608

Contract Administrator

$13,016

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,325

PARK PLACE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARK PLACE TECHNOLOGIES, 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