Retirement plan

PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN

Name: PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT - PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT DISCRETIONARY CONTRIBUTION PLAN (2019) 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 2019

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)

$16M

+5.6% from 2018

Total participants

672

+12.0% from 2018

Average account balance

$29,244

-1.3% from 2018

Annual return

4.39%

-1.64 pp from 2018

Benchmarks

See 873 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort873 peers

Snapshot2019

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 SOLUTIONS4+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$45,832
PENSION ASSURANCE LLP1 year Service code 10 · EIN 30-0840934	Accounting	$10,500
LUCAS HORSFALL MURPHY & PINDROH LLP2 years Service code 10 · EIN 95-4659692	Accounting	$1,000

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

$57K

$123 / participant

Other / not subdivided$57K100.0%

% of EOY assets

0.358%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,244

$54,237-46.1%

$90,304-67.6%

$67,579-56.7%

Participation rate

73.5%

68.6%+4.9pp

73.3%+0.2pp

71.3%+2.2pp

Annual return

4.39%

37.27%-32.9pp

78.13%-73.7pp

378.56%-374.2pp

Employer contribution / active EE

$1,444

$1,846-21.8%

$2,855-49.4%

$2,148-32.8%

Participant deferral / active EE

$893

$2,625-66.0%

$3,885-77.0%

$3,539-74.8%

Admin fee / account holder

$105

$123-15.2%

$5,354-98.0%

$142-26.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$45,832

PENSION ASSURANCE LLP1 year

Service code 10 · EIN 30-0840934

Accounting

$10,500

LUCAS HORSFALL MURPHY & PINDROH LLP2 years

Service code 10 · EIN 95-4659692

Accounting

$1,000

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