Retirement plan

PINNACLE, INC. EMPLOYEE 401(K) & PROFIT SHARING PLAN

Name: PINNACLE, INC. - PINNACLE, INC. EMPLOYEE 401(K) & PROFIT SHARING PLAN (2018) Form 5500
Creator: PINNACLE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINNACLE, INC. EMPLOYEE 401(K) & PROFIT SHARING PLAN, PINNACLE, INC.

PINNACLE, INC.EIN 36-4730342Plan #001PY 2018

1880 BIRCHWOOD DRIVE - TROY, MI 48083713-622-4701pinnacle-mi.comLinkedIn51-200 employeesmedical devices

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$277K

+234.8% from 2017

Total participants

0.0% from 2017

Average account balance

$9,224

+179.0% from 2017

Annual return

-34.34%

-34.34 pp from 2017

Benchmarks

See 14,948 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,948 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.78M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$850K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+18.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4888

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 codes2E2F2G2J3D

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$5K

$128 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.807%

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

$9,224

$62,583-85.3%

$76,767-88.0%

$64,173-85.6%

Participation rate

71.8%

72.8%-1.0pp

77.0%-5.2pp

69.6%+2.2pp

Annual return

-34.34%

-1.95%-32.4pp

2.43%-36.8pp

7.63%-42.0pp

Employer contribution / active EE

$630

$1,832-65.6%

$2,485-74.7%

$2,381-73.5%

Participant deferral / active EE

$5,202

$3,145+65.4%

$3,852+35.1%

$3,470+49.9%

Admin fee / account holder

$167

$4,667-96.4%

$6,675-97.5%

$4,887-96.6%

PINNACLE, INC. EMPLOYEE 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINNACLE, INC. EMPLOYEE 401(K) & PROFIT SHARING 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