Retirement plan

PIASA MANAGEMENT COMPANY, LLC DRIVERS 401(K) PLAN

Name: PIASA MANAGEMENT COMPANY, LLC - PIASA MANAGEMENT COMPANY, LLC DRIVERS 401(K) PLAN (2016) Form 5500
Creator: PIASA MANAGEMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIASA MANAGEMENT COMPANY, LLC DRIVERS 401(K) PLAN, PIASA MANAGEMENT COMPANY, LLC

PIASA MANAGEMENT COMPANY, LLCEIN 37-1411515Plan #002PY 2016

P.O. BOX 484 - ALTON, IL 62002618-254-7341LinkedIn11-50 employeespackage/freight delivery

Other plans on this EIN

1 filing

#001Retirement-$9.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$996K

+9.5% from 2015

Total participants

-4.8% from 2015

Average account balance

$52,427

+21.0% from 2015

Annual return

5.56%

+5.91 pp from 2015

Benchmarks

See 6,057 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,057 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$875K

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20744

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 codes2E2F2G2J3D3H

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.
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

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

$122K

$7181 / participant

Other / not subdivided$122K100.0%

% of EOY assets

12.255%

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

$52,427

$83,337-37.1%

$67,834-22.7%

$273,972-80.9%

Participation rate

94.1%

76.4%+17.7pp

68.8%+25.3pp

83.0%+11.1pp

Annual return

5.56%

259.45%-253.9pp

138.47%-132.9pp

41.46%-35.9pp

Employer contribution / active EE

$6,049

$3,287+84.0%

$2,403+151.7%

$4,869+24.2%

Participant deferral / active EE

$2,996

$4,088-26.7%

$3,160-5.2%

$5,287-43.3%

Admin fee / account holder

$6,425

$6,752-4.8%

$4,622+39.0%

$10,133-36.6%

PIASA MANAGEMENT COMPANY, LLC DRIVERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIASA MANAGEMENT COMPANY, LLC DRIVERS 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