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 (2019) 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 2019

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

Prospect flagsHigh retiree %High fees

How to read this page

Total assets (EOY)

$6.6M

+40.4% from 2018

Total participants

-5.1% from 2018

Average account balance

$90,087

+52.0% from 2018

Annual return

26.34%

+32.53 pp from 2018

Benchmarks

See 8,602 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,602 peers

Snapshot2019

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$125K

$2232 / participant

Other / not subdivided$125K100.0%

% of EOY assets

1.901%

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

$90,087

$54,757+64.5%

$90,300-0.2%

$72,983+23.4%

Participation rate

96.4%

65.1%+31.3pp

73.3%+23.2pp

69.5%+26.9pp

Annual return

26.34%

30.63%-4.3pp

78.11%-51.8pp

81.01%-54.7pp

Employer contribution / active EE

$5,121

$2,092+144.7%

$2,854+79.4%

$2,440+109.9%

Participant deferral / active EE

$8,763

$2,887+203.6%

$3,884+125.6%

$3,608+142.9%

Admin fee / account holder

$1,712

$3,972-56.9%

$5,353-68.0%

$5,124-66.6%

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