Retirement plan

PROXIMUS ENGINEERING, PC 401(K) PROFIT SHARING PLAN

Name: PROXIMUS ENGINEERING, PC - PROXIMUS ENGINEERING, PC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: PROXIMUS ENGINEERING, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROXIMUS ENGINEERING, PC 401(K) PROFIT SHARING PLAN, PROXIMUS ENGINEERING, PC

PROXIMUS ENGINEERING, PCEIN 45-4133846Plan #001PY 2017

206 EXECUTIVE PARK DRIVE - DOTHAN, AL 36303334-479-0841proximuseng.comLinkedIn11-50 employeespaper & forest products

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$140K

No prior year

Total participants

No prior year

Average account balance

$10,754

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.88M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$203K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6004

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

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

$3K

$201 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.868%

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

$10,754

$150,446-92.9%

$136,297-92.1%

$147,585-92.7%

Participation rate

92.3%

84.4%+7.9pp

81.9%+10.4pp

82.8%+9.5pp

Annual return

0.00%

1049.14%-1049.1pp

5156.19%-5156.2pp

578.58%-578.6pp

Employer contribution / active EE

$2,611

$5,256-50.3%

$4,696-44.4%

$4,876-46.5%

Participant deferral / active EE

$6,393

$6,631-3.6%

$6,247+2.3%

$5,439+17.5%

Admin fee / account holder

$201

$10,906-98.2%

$9,244-97.8%

$10,886-98.2%

PROXIMUS ENGINEERING, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROXIMUS ENGINEERING, PC 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