Retirement plan

VOSS INDUSTRIES 401(K) RETIREMENT PLAN

Name: PGP CORPORATION - VOSS INDUSTRIES 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: PGP CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOSS INDUSTRIES 401(K) RETIREMENT PLAN, PGP CORPORATION

PGP CORPORATIONEIN 38-2472855Plan #001PY 2019

7925 BEECH DALY - TAYLOR, MI 48180313-291-7500

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$25.1M

+3.1% from 2018

Total participants

227

-0.9% from 2018

Average account balance

$112,259

+4.4% from 2018

Annual return

12.11%

+14.78 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.67M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

224

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.

87.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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)

$226

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$47,148
SHEPHERD FINANCIAL INVESTMENT ADVIS2 years Filed as: SHEPHERD FINANCIAL INVESTMENT Service code 27 · EIN 82-0759826	Advisory (Plan)	$14,999

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

Expense breakdown

Schedule H Part II

Admin total

$62K

$287 / participant

Other / not subdivided$62K100.0%

% of EOY assets

0.246%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HARDING, SHYMANSKI & COMPANY, PSC
Auditor EIN: 351346211
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,259

$65,376+71.7%

$87,102+28.9%

$65,185+72.2%

Participation rate

98.6%

75.3%+23.3pp

76.9%+21.7pp

70.2%+28.4pp

Annual return

12.11%

31.27%-19.2pp

28.19%-16.1pp

29.38%-17.3pp

Employer contribution / active EE

$2,330

$1,822+27.9%

$2,521-7.6%

$2,177+7.0%

Participant deferral / active EE

$5,406

$3,388+59.5%

$4,048+33.5%

$3,514+53.8%

Admin fee / account holder

$276

$520-46.8%

$7,491-96.3%

$847-67.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$47,148

SHEPHERD FINANCIAL INVESTMENT ADVIS2 years

Filed as: SHEPHERD FINANCIAL INVESTMENT

Service code 27 · EIN 82-0759826

Advisory (Plan)

$14,999

VOSS INDUSTRIES 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOSS INDUSTRIES 401(K) RETIREMENT 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