Retirement plan

PIERCETON EQUIPMENT CO., INC. PROFIT SHARING SAVINGS PLAN & TRUST

Name: PIERCETON EQUIPMENT CO., INC. - PIERCETON EQUIPMENT CO., INC. PROFIT SHARING SAVINGS PLAN & TRUST (2018) Form 5500
Creator: PIERCETON EQUIPMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIERCETON EQUIPMENT CO., INC. PROFIT SHARING SAVINGS PLAN & TRUST, PIERCETON EQUIPMENT CO., INC.

PIERCETON EQUIPMENT CO., INC.EIN 35-1054036Plan #002PY 2018

895 E. 200 N - WARSAW, IN 465827854574-267-2286

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.2M

-2.9% from 2017

Total participants

0.0% from 2017

Average account balance

$80,918

-2.9% from 2017

Annual return

-1.78%

-12.37 pp from 2017

Benchmarks

See 3,521 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.03M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$250K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3450

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 codes2E2J3D

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.
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

$267K

$7850 / participant

Other / not subdivided$267K100.0%

% of EOY assets

8.246%

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

$80,918

$56,484+43.3%

$169,452-52.2%

$64,173+26.1%

Participation rate

100.0%

64.5%+35.5pp

77.8%+22.2pp

69.6%+30.4pp

Annual return

-1.78%

-1.55%-0.2pp

1.83%-3.6pp

7.63%-9.4pp

Employer contribution / active EE

$2,656

$1,832+44.9%

$4,157-36.1%

$2,381+11.6%

Participant deferral / active EE

$4,140

$3,448+20.1%

$5,277-21.5%

$3,470+19.3%

Admin fee / account holder

$6,672

$4,174+59.9%

$9,110-26.8%

$4,887+36.5%

PIERCETON EQUIPMENT CO., INC. PROFIT SHARING SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIERCETON EQUIPMENT CO., INC. PROFIT SHARING SAVINGS PLAN & TRUST

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