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 (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$216K

+38.5% from 2019

Total participants

+33.3% from 2019

Average account balance

$54,100

+3.9% from 2019

Annual return

9.80%

+7.92 pp from 2019

Benchmarks

See 32,149 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,149 peers

Snapshot2020

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

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

$75K

$18750 / participant

Other / not subdivided$75K100.0%

% of EOY assets

34.658%

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

$54,100

$197,637-72.6%

$177,848-69.6%

$158,982-66.0%

Participation rate

100.0%

88.5%+11.5pp

87.7%+12.3pp

82.0%+18.0pp

Annual return

9.80%

58.77%-49.0pp

48.33%-38.5pp

302.99%-293.2pp

Employer contribution / active EE

$15,969

$6,698+138.4%

$5,919+169.8%

$4,763+235.3%

Participant deferral / active EE

$13,981

$8,405+66.3%

$7,714+81.2%

$5,983+133.7%

Admin fee / account holder

$18,750

$15,406+21.7%

$12,431+50.8%

$11,252+66.6%

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