Retirement plan

EMPLOYEE BENEFIT PLAN OF PROCESS AND POWER, INC.

Name: PROCESS AND POWER, INC. - EMPLOYEE BENEFIT PLAN OF PROCESS AND POWER, INC. (2018) Form 5500
Creator: PROCESS AND POWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PROCESS AND POWER, INC., PROCESS AND POWER, INC.

PROCESS AND POWER, INC.EIN 62-0590398Plan #004PY 2018

1721 CORPORATE AVE - MEMPHIS, TN 381321702901-362-5500LinkedIn51-200 employeesmachinery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6M

+1.7% from 2017

Total participants

+27.9% from 2017

Average account balance

$93,034

-6.1% from 2017

Annual return

-2.41%

-19.55 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.79M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$822K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1937

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 codes2F2T

Plan features

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).
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.

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

$253K

$3831 / participant

Other / not subdivided$253K100.0%

% of EOY assets

4.181%

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

$93,034

$72,404+28.5%

$110,243-15.6%

$64,173+45.0%

Participation rate

80.3%

73.3%+7.0pp

79.8%+0.5pp

69.6%+10.7pp

Annual return

-2.41%

-6.29%+3.9pp

314.76%-317.2pp

7.63%-10.0pp

Employer contribution / active EE

$2,761

$2,282+21.0%

$3,827-27.9%

$2,381+16.0%

Participant deferral / active EE

$4,803

$3,469+38.5%

$4,672+2.8%

$3,470+38.4%

Admin fee / account holder

$3,890

$5,664-31.3%

$8,548-54.5%

$4,887-20.4%

EMPLOYEE BENEFIT PLAN OF PROCESS AND POWER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PROCESS AND POWER, INC.

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