Retirement plan

PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND TRUST

Name: PETROLEUM TRADERS CORPORATION - PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND TRUST (2018) Form 5500
Creator: PETROLEUM TRADERS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND TRUST, PETROLEUM TRADERS CORPORATION

PETROLEUM TRADERS CORPORATIONEIN 35-1462227Plan #001PY 2018

7120 POINTE INVERNESS WAY - FORT WAYNE, IN 468047928260-432-6622petroleumtraders.comLinkedIn51-200 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.1M

+12.3% from 2017

Total participants

139

0.0% from 2017

Average account balance

$65,632

+12.3% from 2017

Annual return

8.38%

-3.41 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.96M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

118

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.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$572

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
SYM FINANCIAL CORPORATION3+ years Service code 99 801 PARK AVENUE · WINONA LAKE, IN 46590	Other Fees	$33,350
ASCENSUS LLC1 year Filed as: ASCENSUS INC Service code 13	Contract Administrator	$8,469
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$6,013
ASCENSUS LLC3+ years Filed as: ASCENSUS, INC Service code 13 1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814	Contract Administrator	$1,005
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: EMPOWER RETIRMENT ADVISORY SERVIES Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$37

Plan features & details

Pension benefit codes2E2G2J3D2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$39K

$337 / participant

Contract admin$39K100.0%

% of EOY assets

0.429%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BADEN GAGE & SCHROEDER LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,632

$66,302-1.0%

$110,243-40.5%

$56,289+16.6%

Participation rate

100.0%

74.9%+25.1pp

79.8%+20.2pp

69.9%+30.1pp

Annual return

8.38%

-1.18%+9.6pp

314.76%-306.4pp

-9.96%+18.3pp

Employer contribution / active EE

$2,586

$2,047+26.3%

$3,827-32.4%

$2,111+22.5%

Participant deferral / active EE

$3,745

$3,381+10.8%

$4,672-19.8%

$3,350+11.8%

Admin fee / account holder

$281

$698-59.7%

$8,548-96.7%

$521-46.0%

Provider

Service type

Compensation

SYM FINANCIAL CORPORATION3+ years

Service code 99

801 PARK AVENUE · WINONA LAKE, IN 46590

Other Fees

$33,350

ASCENSUS LLC1 year

Filed as: ASCENSUS INC

Service code 13

Contract Administrator

$8,469

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$6,013

ASCENSUS LLC3+ years

Filed as: ASCENSUS, INC

Service code 13

1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814

Contract Administrator

$1,005

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: EMPOWER RETIRMENT ADVISORY SERVIES

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$37

PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND 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