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 (2024) 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 2024

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.4M

+15.0% from 2023

Total participants

-4.8% from 2023

Average account balance

$135,086

+20.8% from 2023

Annual return

11.34%

-0.21 pp from 2023

Benchmarks

See 4,151 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,151 peers

Snapshot2024

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

$81K

$2526 / participant

Other / not subdivided$81K100.0%

% of EOY assets

1.496%

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

$135,086

$77,962+73.3%

$178,540-24.3%

$80,935+66.9%

Participation rate

100.0%

65.7%+34.3pp

77.1%+22.9pp

67.7%+32.3pp

Annual return

11.34%

18.10%-6.8pp

27.15%-15.8pp

35.66%-24.3pp

Employer contribution / active EE

$2,469

$2,280+8.3%

$3,953-37.5%

$2,757-10.4%

Participant deferral / active EE

$5,485

$4,404+24.5%

$6,281-12.7%

$4,299+27.6%

Admin fee / account holder

$2,020

$7,156-71.8%

$10,424-80.6%

$6,924-70.8%

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