Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF PREMIER CAPITAL CORPORATION

Name: PREMIER CAPITAL CORPORATION - 403(B) THRIFT PLAN FOR EMPLOYEES OF PREMIER CAPITAL CORPORATION (2023) Form 5500
Creator: PREMIER CAPITAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF PREMIER CAPITAL CORPORATION, PREMIER CAPITAL CORPORATION

PREMIER CAPITAL CORPORATIONEIN 35-1384838Plan #001PY 2023

300 N MERIDIAN ST STE 990 - INDIANAPOLIS, IN 462041749317-974-0504premierventurecorp.comLinkedIn1-10 employeescapital markets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+18.6% from 2022

Total participants

+18.2% from 2022

Average account balance

$137,819

+8.8% from 2022

Annual return

17.78%

+34.96 pp from 2022

Benchmarks

See 36,180 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,180 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.43M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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 codes2G3D2J2E

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.
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

$114K

$12719 / participant

Other / not subdivided$114K100.0%

% of EOY assets

6.922%

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

$137,819

$185,856-25.8%

$170,028-18.9%

$139,456-1.2%

Participation rate

88.9%

87.8%+1.1pp

87.0%+1.9pp

80.3%+8.6pp

Annual return

17.78%

60.52%-42.7pp

53.39%-35.6pp

373.45%-355.7pp

Employer contribution / active EE

$5,259

$7,593-30.7%

$6,788-22.5%

$4,753+10.6%

Participant deferral / active EE

$8,794

$11,623-24.3%

$10,409-15.5%

$6,711+31.0%

Admin fee / account holder

$9,539

$15,387-38.0%

$12,820-25.6%

$11,407-16.4%

403(B) THRIFT PLAN FOR EMPLOYEES OF PREMIER CAPITAL CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF PREMIER CAPITAL CORPORATION

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