Retirement plan

PRYER AEROSPACE, LLC 401(K) RETIREMENT PLAN

Name: PRYER AEROSPACE, LLC - PRYER AEROSPACE, LLC 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: PRYER AEROSPACE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRYER AEROSPACE, LLC 401(K) RETIREMENT PLAN, PRYER AEROSPACE, LLC

PRYER AEROSPACE, LLCEIN 47-4965166Plan #001PY 2022

2230 N. SHERIDAN ROAD - TULSA, OK 741153634918-835-8885pryer.aeroLinkedIn51-200 employeesaviation & aerospace

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3M

-35.6% from 2021

Total participants

121

-12.9% from 2021

Average account balance

$34,806

-36.3% from 2021

Annual return

-15.59%

-27.45 pp from 2021

Benchmarks

See 14,491 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,491 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.07M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$673K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10612

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

Top 4 by compensation

Provider	Service type	Compensation
TBS AGENCY INC2 years Filed as: TBS AGENCY, INC. Service code 28 · EIN 52-1473914	Investment Management	$6,655
EMPLOYEE BENEFITS GROUP, LLC2 years Service code 13	Contract Administrator	$1,865
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO. OF AMERICA Service code 64 8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$785
EMPLOYEE BENEFITS GROUP, LLC2 years Filed as: EMPLOYE BENEFITS GROUP, LLC Service code 13 · EIN 73-1554797	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$451

$5 / participant

Contract admin$451100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ALLEN, GIBBS & HOULIK, L.C.
Auditor EIN: 431032601
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,806

$71,873-51.6%

$86,698-59.9%

$68,490-49.2%

Participation rate

59.5%

72.2%-12.7pp

76.6%-17.1pp

67.9%-8.4pp

Annual return

-15.59%

3.54%-19.1pp

35.96%-51.6pp

-7.85%-7.7pp

Employer contribution / active EE

$1,135

$2,173-47.8%

$2,837-60.0%

$2,597-56.3%

Participant deferral / active EE

$4,040

$3,779+6.9%

$4,656-13.2%

$4,028+0.3%

Admin fee / account holder

$6,110-99.9%

$7,492-99.9%

$5,403-99.9%

Provider

Service type

Compensation

TBS AGENCY INC2 years

Filed as: TBS AGENCY, INC.

Service code 28 · EIN 52-1473914

Investment Management

$6,655

EMPLOYEE BENEFITS GROUP, LLC2 years

Service code 13

Contract Administrator

$1,865

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO. OF AMERICA

Service code 64

8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$785

EMPLOYEE BENEFITS GROUP, LLC2 years

Filed as: EMPLOYE BENEFITS GROUP, LLC

Service code 13 · EIN 73-1554797

Contract Administrator

PRYER AEROSPACE, LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRYER AEROSPACE, LLC 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