Retirement plan

PANHANDLE ENGINEERING, INC. 401K PROFIT SHARING PLAN

Name: PANHANDLE ENGINEERING, INC. - PANHANDLE ENGINEERING, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: PANHANDLE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANHANDLE ENGINEERING, INC. 401K PROFIT SHARING PLAN, PANHANDLE ENGINEERING, INC.

PANHANDLE ENGINEERING, INC.EIN 59-3348254Plan #001PY 2016

3005 S. HIGHWAY 77 - LYNN HAVEN, FL 32444850-763-5200panhandleengineering.comLinkedIn11-50 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$307K

-51.3% from 2015

Total participants

+20.0% from 2015

Average account balance

$30,726

-51.3% from 2015

Annual return

6.83%

+4.44 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.71M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

130.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$254K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2261

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 codes2E2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$451K

$40977 / participant

Other / not subdivided$451K100.0%

% of EOY assets

146.697%

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

$30,726

$135,956-77.4%

$123,894-75.2%

$273,972-88.8%

Participation rate

81.8%

84.1%-2.2pp

81.4%+0.4pp

83.0%-1.2pp

Annual return

6.83%

56.63%-49.8pp

47.52%-40.7pp

41.46%-34.6pp

Employer contribution / active EE

$2,600

$5,170-49.7%

$4,617-43.7%

$4,869-46.6%

Participant deferral / active EE

$4,982

$6,343-21.5%

$5,984-16.7%

$5,287-5.8%

Admin fee / account holder

$45,075

$9,817+359.1%

$8,357+439.4%

$10,133+344.8%

PANHANDLE ENGINEERING, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANHANDLE ENGINEERING, INC. 401K PROFIT SHARING 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