Retirement plan

PUCKETT MACHINERY COMPANY 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Name: PUCKETT MACHINERY COMPANY - PUCKETT MACHINERY COMPANY 401(K) RETIREMENT SAVINGS PLAN AND TRUST (2016) Form 5500
Creator: PUCKETT MACHINERY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUCKETT MACHINERY COMPANY 401(K) RETIREMENT SAVINGS PLAN AND TRUST, PUCKETT MACHINERY COMPANY

PUCKETT MACHINERY COMPANYEIN 64-0395517Plan #001PY 2016

P. O. BOX 3170 - JACKSON, MS 392073170601-969-6000puckettmachinery.comLinkedIn201-500 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27.5M

+10.4% from 2015

Total participants

477

+14.1% from 2015

Average account balance

$64,924

-2.6% from 2015

Annual return

8.17%

+8.79 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.64M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

503

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.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$231

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 19 ONE NATIONWIDE PLAZE · COLUMBUS, OH 43215	Securities Custodian	$98,820
TRUSTMARK NATIONAL BANK2+ years Service code 15 248 EAST CAPITOL STREET · JACKSON, MS 39201	Recordkeeping	$1,500

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$100K

$262 / participant

Other / not subdivided$100K100.0%

% of EOY assets

0.365%

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: HORNE LLP
Auditor EIN: 201941244
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,924

$37,044+75.3%

$71,796-9.6%

$57,658+12.6%

Participation rate

85.9%

61.1%+24.8pp

69.1%+16.8pp

70.2%+15.7pp

Annual return

8.17%

12.64%-4.5pp

78.04%-69.9pp

5.13%+3.0pp

Employer contribution / active EE

$1,418

$720+96.9%

$1,924-26.3%

$1,974-28.2%

Participant deferral / active EE

$3,231

$1,974+63.7%

$2,794+15.6%

$3,061+5.6%

Admin fee / account holder

$237

$101+135.0%

$4,815-95.1%

$95+150.9%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 19

ONE NATIONWIDE PLAZE · COLUMBUS, OH 43215

Securities Custodian

$98,820

TRUSTMARK NATIONAL BANK2+ years

Service code 15

248 EAST CAPITOL STREET · JACKSON, MS 39201

Recordkeeping

$1,500

PUCKETT MACHINERY COMPANY 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PUCKETT MACHINERY COMPANY 401(K) RETIREMENT SAVINGS PLAN AND 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