Retirement plan

PROFESSIONAL TRANSPORTATION 401(K) PLAN

Name: PROFESSIONAL TRANSPORTATION, INC. - PROFESSIONAL TRANSPORTATION 401(K) PLAN (2022) Form 5500
Creator: PROFESSIONAL TRANSPORTATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFESSIONAL TRANSPORTATION 401(K) PLAN, PROFESSIONAL TRANSPORTATION, INC.

PROFESSIONAL TRANSPORTATION, INC.EIN 35-1760678Plan #002PY 2022

3700 E. MORGAN AVENUE - EVANSVILLE, IN 47715812-479-0231professionaltransportationinc.comLinkedIn5001-10000 employeestransportation/trucking/railroad

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$430K

-12.9% from 2021

Total participants

103

+1.0% from 2021

Average account balance

$4,619

-6.4% from 2021

Annual return

-14.21%

-24.09 pp from 2021

Benchmarks

See 4,203 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,203 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$734K

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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

$201K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+20.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1586

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

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO OF AM Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,070
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$560
FIFTH THIRD BANK RETIREMENT SERVICE2 years Filed as: FIFTH THIRD BANK Service code 27 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Advisory (Plan)	$259

Plan features & details

Pension benefit codes2E2G2J3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$14K

$176 / participant

Investment mgmt$14K100.0%

% of EOY assets

3.153%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEINZAPFEL & CO., LLC
Auditor EIN: 352152081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,619

$48,267-90.4%

$68,808-93.3%

$68,486-93.3%

Participation rate

87.0%

60.7%+26.3pp

69.0%+18.0pp

67.9%+19.1pp

Annual return

-14.21%

-12.70%-1.5pp

-6.37%-7.8pp

-7.85%-6.4pp

Employer contribution / active EE

$446

$1,829-75.6%

$2,656-83.2%

$2,597-82.8%

Participant deferral / active EE

$1,572

$2,867-45.2%

$3,942-60.1%

$4,028-61.0%

Admin fee / account holder

$146

$4,362-96.7%

$4,936-97.0%

$5,404-97.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO OF AM

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,070

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$560

FIFTH THIRD BANK RETIREMENT SERVICE2 years

Filed as: FIFTH THIRD BANK

Service code 27

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Advisory (Plan)

$259

PROFESSIONAL TRANSPORTATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFESSIONAL TRANSPORTATION 401(K) 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