Retirement plan

THE PASLIN COMPANY EMPLOYEES' 401(K) PLAN

Name: THE PASLIN COMPANY - THE PASLIN COMPANY EMPLOYEES' 401(K) PLAN (2020) Form 5500
Creator: THE PASLIN COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PASLIN COMPANY EMPLOYEES' 401(K) PLAN, THE PASLIN COMPANY

THE PASLIN COMPANYEIN 38-1794102Plan #001PY 2020

25303 RYAN ROAD - WARREN, MI 48091586-758-0200LinkedIn11-50 employeesindustrial automation

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$41.1M

+19.6% from 2019

Total participants

659

+0.9% from 2019

Average account balance

$63,846

+17.5% from 2019

Annual return

13.40%

-5.32 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.08M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

561

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$225

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 10 of 18 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5 years Service code 49 · EIN 04-1590850	Other Services	$140,510
LFA LIMITED LIABILITY CO3 years Service code 53 · EIN 35-2111013	Insurance Commissions	$43,542
ENVESTNET RETIREMENT SOLUTIONS, LLC5 years Service code 26 · EIN 61-1732930	Advisory (Participants)	$99
AB FUNDS4 years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN CENTURY4 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK4 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
COLUMBIA3 years Service code 52 · EIN 94-1687665	Indirect Investment Fees	$0
EATON VANCE4 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 93-1036175	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$141K

$267 / participant

Investment mgmt$133K94.6%
Contract admin$7K5.2%
Other / not subdivided$3470.2%

% of EOY assets

0.342%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JANZ AND KNIGHT PLC
Auditor EIN: 381458667
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,846

$79,519-19.7%

$95,956-33.5%

$73,412-13.0%

Participation rate

97.2%

81.2%+16.0pp

77.1%+20.1pp

72.2%+25.0pp

Annual return

13.40%

19.20%-5.8pp

91.63%-78.2pp

59.30%-45.9pp

Employer contribution / active EE

$2,325

$2,048+13.5%

$2,541-8.5%

$2,234+4.1%

Participant deferral / active EE

$6,534

$4,138+57.9%

$4,167+56.8%

$3,806+71.7%

Admin fee / account holder

$218

$184+18.4%

$6,797-96.8%

$158+38.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5 years

Service code 49 · EIN 04-1590850

Other Services

$140,510

LFA LIMITED LIABILITY CO3 years

Service code 53 · EIN 35-2111013

Insurance Commissions

$43,542

ENVESTNET RETIREMENT SOLUTIONS, LLC5 years

Service code 26 · EIN 61-1732930

Advisory (Participants)

$99

AB FUNDS4 years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN CENTURY4 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK4 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

COLUMBIA3 years

Service code 52 · EIN 94-1687665

Indirect Investment Fees

EATON VANCE4 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 93-1036175

Indirect Investment Fees

THE PASLIN COMPANY EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PASLIN COMPANY EMPLOYEES' 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