Retirement plan

PPG EMPLOYEE STOCK OWNERSHIP PLAN

Name: POWERLINE PUBLISHING GROUP, INC. - PPG EMPLOYEE STOCK OWNERSHIP PLAN (2022) Form 5500
Creator: POWERLINE PUBLISHING GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PPG EMPLOYEE STOCK OWNERSHIP PLAN, POWERLINE PUBLISHING GROUP, INC.

POWERLINE PUBLISHING GROUP, INC.EIN 65-0668309Plan #002PY 2022

1405 POINSETTIA DRIVE SUITE G-11 - DELRAY BEACH, FL 33444561-243-3553powerlinebooks.comLinkedIn1-10 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#001Retirement-$879K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.3M

No prior year

Total participants

No prior year

Average account balance

$117,000

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 10,380 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,380 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.41M

Not enough data

1 years with asset history on file

Average account balance

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

$564K

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+47.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2493

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$34K

$1698 / participant

Other / not subdivided$34K100.0%

% of EOY assets

1.451%

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

$117,000

$99,668+17.4%

$86,451+35.3%

$134,545-13.0%

Participation rate

100.0%

82.1%+17.9pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

0.00%

6789.61%-6789.6pp

4398.51%-4398.5pp

418.37%-418.4pp

Employer contribution / active EE

$3,130

$4,403-28.9%

$3,770-17.0%

$4,742-34.0%

Participant deferral / active EE

$7,249-100.0%

$6,953-100.0%

$6,401-100.0%

Admin fee / account holder

$1,698

$8,377-79.7%

$6,734-74.8%

$11,431-85.1%

PPG EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PPG EMPLOYEE STOCK OWNERSHIP 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