Retirement plan

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN

Name: PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT - PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN (2016) Form 5500
Creator: PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN, PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENTEIN 51-0192025Plan #002PY 2016

1055 WILSHIRE BLVD. STE. 1475 - LOS ANGELES, CA 90017213-989-3135pacela.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$12.3M

No prior year

Total participants

507

No prior year

Average account balance

$24,395

No prior year

Annual return

0.12%

No prior year

Benchmarks

See 783 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort783 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.27M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

342

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.53M

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

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$430

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
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$37,632
DANNY B REYES1+ years Service code 10 · EIN 95-4367570	Accounting	$5,500

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

$42K

$157 / participant

Investment mgmt$27K64.6%
Other / not subdivided$15K35.4%

% of EOY assets

0.343%

all-in expense ratio

Categories reported

1 / 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: DANNY B REYES, CPA
Auditor EIN: 954367570
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,395

$39,859-38.8%

$78,676-69.0%

$57,658-57.7%

Participation rate

99.6%

66.1%+33.5pp

73.6%+26.1pp

70.2%+29.4pp

Annual return

0.12%

18.96%-18.8pp

62.19%-62.1pp

5.13%-5.0pp

Employer contribution / active EE

$2,224

$1,786+24.6%

$2,850-22.0%

$1,974+12.7%

Participant deferral / active EE

$1,185

$2,248-47.3%

$3,517-66.3%

$3,061-61.3%

Admin fee / account holder

$84

$76+9.8%

$4,510-98.1%

$95-11.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$37,632

DANNY B REYES1+ years

Service code 10 · EIN 95-4367570

Accounting

$5,500

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION 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