Retirement plan

PALOS-CHUDY COMPANY, LTD. EMPLOYEE RETIREMENT TRUST PROFIT SHARING PLAN

Name: PALOS-CHUDY COMPANY, LTD. - PALOS-CHUDY COMPANY, LTD. EMPLOYEE RETIREMENT TRUST PROFIT SHARING PLAN (2017) Form 5500
Creator: PALOS-CHUDY COMPANY, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALOS-CHUDY COMPANY, LTD. EMPLOYEE RETIREMENT TRUST PROFIT SHARING PLAN, PALOS-CHUDY COMPANY, LTD.

PALOS-CHUDY COMPANY, LTD.EIN 34-1807837Plan #002PY 2017

27865 CLEMENS ROAD, SUITE 1A - WESTLAKE, OH 441451135440-617-9900LinkedIn1-10 employeesinsurance

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$219K

+2.1% from 2016

Total participants

+25.0% from 2016

Average account balance

$43,703

-18.3% from 2016

Annual return

1.41%

+0.76 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$491K

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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

$139K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+2.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13203

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$49K

$12343 / participant

Other / not subdivided$49K100.0%

% of EOY assets

22.594%

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

$43,703

$171,867-74.6%

$149,721-70.8%

$147,586-70.4%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

1.41%

2113.36%-2112.0pp

1501.67%-1500.3pp

578.59%-577.2pp

Employer contribution / active EE

$3,893

$6,275-38.0%

$5,444-28.5%

$4,876-20.2%

Participant deferral / active EE

$8,840

$7,270+21.6%

$6,568+34.6%

$5,439+62.5%

Admin fee / account holder

$9,874

$13,799-28.4%

$11,282-12.5%

$10,886-9.3%

PALOS-CHUDY COMPANY, LTD. EMPLOYEE RETIREMENT TRUST PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALOS-CHUDY COMPANY, LTD. EMPLOYEE RETIREMENT TRUST 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