Retirement plan

PORT TECHNICAL TRAINING INSTIT 401 K PROFIT SHARING PLAN TRUST

Name: PORT TECHNICAL TRAINING INSTIT - PORT TECHNICAL TRAINING INSTIT 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: PORT TECHNICAL TRAINING INSTIT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORT TECHNICAL TRAINING INSTIT 401 K PROFIT SHARING PLAN TRUST, PORT TECHNICAL TRAINING INSTIT

PORT TECHNICAL TRAINING INSTITEIN 35-2213955Plan #001PY 2018

421 OVAL RD - MANASQUAN, NJ 087362058732-904-1039

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$442K

-14.6% from 2017

Total participants

0.0% from 2017

Average account balance

$220,949

+28.1% from 2017

Annual return

-3.34%

-18.08 pp from 2017

Benchmarks

See 5,839 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,839 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9589

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 codes2E2T3D2J2F2G

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$76K

$25261 / participant

Other / not subdivided$76K100.0%

% of EOY assets

17.149%

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

$220,949

$69,518+217.8%

$59,883+269.0%

$135,382+63.2%

Participation rate

66.7%

77.8%-11.2pp

74.7%-8.0pp

82.6%-16.0pp

Annual return

-3.34%

7.95%-11.3pp

3.46%-6.8pp

519.77%-523.1pp

Employer contribution / active EE

$3,147

$3,235-2.7%

$2,722+15.6%

$4,779-34.1%

Participant deferral / active EE

$2,647

$4,204-37.0%

$3,402-22.2%

$5,609-52.8%

Admin fee / account holder

$37,892

$5,734+560.8%

$3,591+955.3%

$10,829+249.9%

PORT TECHNICAL TRAINING INSTIT 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PORT TECHNICAL TRAINING INSTIT 401 K PROFIT SHARING 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