Retirement plan

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN

Name: PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT - PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.2M

+8.9% from 2017

Total participants

600

+19.8% from 2017

Average account balance

$29,643

+6.6% from 2017

Annual return

6.02%

-2.93 pp from 2017

Benchmarks

See 845 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort845 peers

Snapshot2018

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 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$43,373
LUCAS HORSFALL MURPHY & PINDROH LLP1 year Service code 10 · EIN 95-4659692	Accounting	$14,700
DANNY B REYES3+ 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$60K

$157 / participant

Investment mgmt$6K9.2%
Other / not subdivided$54K90.8%

% of EOY assets

0.394%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,643

$43,999-32.6%

$79,467-62.7%

$55,725-46.8%

Participation rate

76.9%

66.9%+10.0pp

73.3%+3.6pp

70.9%+6.0pp

Annual return

6.02%

1.81%+4.2pp

718.30%-712.3pp

244.93%-238.9pp

Employer contribution / active EE

$1,674

$1,830-8.5%

$2,800-40.2%

$2,078-19.4%

Participant deferral / active EE

$958

$2,538-62.2%

$3,704-74.1%

$3,356-71.4%

Admin fee / account holder

$117

$118-0.5%

$5,104-97.7%

$115+1.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$43,373

LUCAS HORSFALL MURPHY & PINDROH LLP1 year

Service code 10 · EIN 95-4659692

Accounting

$14,700

DANNY B REYES3+ 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