Retirement plan

PROJECT MANAGEMENT TECHNOLOGY (GA), INC.401(K) PROFIT SHARING PLAN & TRUST

Name: PROJECT MANAGEMENT TECHNOLOGY (GA), INC. - PROJECT MANAGEMENT TECHNOLOGY (GA), INC.401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: PROJECT MANAGEMENT TECHNOLOGY (GA), INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROJECT MANAGEMENT TECHNOLOGY (GA), INC.401(K) PROFIT SHARING PLAN & TRUST, PROJECT MANAGEMENT TECHNOLOGY (GA), INC.

PROJECT MANAGEMENT TECHNOLOGY (GA), INC.EIN 58-2623307Plan #001PY 2016

980 HAMMOND DRIVE, SUITE 775 - ATLANTA, GA 30328678-323-1603mypmt.netLinkedIn1-10 employeesmedical devices

Prospect flagsHigh retiree %High feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+29.0% from 2015

Total participants

+15.3% from 2015

Average account balance

$46,879

+11.9% from 2015

Annual return

8.29%

+7.51 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.49M

Not enough data

1 years with asset history on file

Average account balance

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

$396K

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.

69.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$794K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+13.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48449

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 codes2E2F2G2J3D

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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$79K

$1549 / participant

Other / not subdivided$79K100.0%

% of EOY assets

2.478%

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

$46,879

$48,078-2.5%

$78,676-40.4%

$62,881-25.4%

Participation rate

100.0%

65.2%+34.8pp

73.6%+26.4pp

69.3%+30.7pp

Annual return

8.29%

31.36%-23.1pp

62.19%-53.9pp

20.14%-11.9pp

Employer contribution / active EE

$4,088

$2,015+102.9%

$2,850+43.4%

$2,281+79.2%

Participant deferral / active EE

$7,274

$2,587+181.2%

$3,517+106.8%

$3,203+127.1%

Admin fee / account holder

$1,162

$3,206-63.8%

$4,510-74.2%

$4,296-73.0%

PROJECT MANAGEMENT TECHNOLOGY (GA), INC.401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROJECT MANAGEMENT TECHNOLOGY (GA), INC.401(K) PROFIT SHARING PLAN & TRUST

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