Retirement plan

PURE SOURCE, INC./ADVANCE NUTRITION PACKAGING, INC. RETIREMENT PLAN

Name: PURE SOURCE, INC. - PURE SOURCE, INC./ADVANCE NUTRITION PACKAGING, INC. RETIREMENT PLAN (2015) Form 5500
Creator: PURE SOURCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PURE SOURCE, INC./ADVANCE NUTRITION PACKAGING, INC. RETIREMENT PLAN, PURE SOURCE, INC.

PURE SOURCE, INC.EIN 65-0588961Plan #001PY 2015

9750 NW 17TH STREET - MIAMI BEACH, FL 33172305-477-8111LinkedIn1-10 employeespharmaceuticals

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

112

No prior year

Average account balance

$22,106

No prior year

Annual return

20.75%

No prior year

Benchmarks

See 8,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,335 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$4.15M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

113

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.

75.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$822

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$352

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2A2E2F2G2J3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$10K

$102 / participant

Contract admin$10K100.0%

% of EOY assets

0.471%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LANE J. GENET, CPA, P.A.
Auditor EIN: 592683018
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,106

$65,703-66.4%

$94,224-76.5%

$59,632-62.9%

Participation rate

83.7%

72.1%+11.6pp

78.8%+4.9pp

68.7%+15.0pp

Annual return

20.75%

5.22%+15.5pp

10.68%+10.1pp

2041.28%-2020.5pp

Employer contribution / active EE

$1,633

$2,021-19.2%

$3,587-54.5%

$2,203-25.9%

Participant deferral / active EE

$373

$3,143-88.1%

$4,320-91.4%

$3,192-88.3%

Admin fee / account holder

$104

$4,264-97.6%

$6,269-98.3%

$4,297-97.6%

PURE SOURCE, INC./ADVANCE NUTRITION PACKAGING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PURE SOURCE, INC./ADVANCE NUTRITION PACKAGING, INC. RETIREMENT 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