Retirement plan

PREMIER PERFORMANCE INTERIORS, INC. 401(K) PROFIT SHARING PLAN

Name: PREMIER PERFORMANCE INTERIORS, INC. - PREMIER PERFORMANCE INTERIORS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: PREMIER PERFORMANCE INTERIORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER PERFORMANCE INTERIORS, INC. 401(K) PROFIT SHARING PLAN, PREMIER PERFORMANCE INTERIORS, INC.

PREMIER PERFORMANCE INTERIORS, INC.EIN 65-1146715Plan #001PY 2020

6304 17TH ST CIRCLE EAST - SARASOTA, FL 34243941-752-6271ppi-fl.comLinkedIn51-200 employeesmaritime

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$998K

+74.0% from 2019

Total participants

+12.1% from 2019

Average account balance

$15,844

+49.1% from 2019

Annual return

26.90%

+26.90 pp from 2019

Benchmarks

See 2,371 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,371 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.85M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

120.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1873

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 codes2E2F2G2J2T3D3H

Plan features

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.
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.
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

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

$21K

$402 / participant

Other / not subdivided$21K100.0%

% of EOY assets

2.094%

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

$15,844

$63,082-74.9%

$81,716-80.6%

$79,852-80.2%

Participation rate

96.2%

67.5%+28.6pp

72.0%+24.2pp

69.6%+26.5pp

Annual return

26.90%

22.66%+4.2pp

29.49%-2.6pp

31.72%-4.8pp

Employer contribution / active EE

$2,734

$1,795+52.3%

$4,310-36.6%

$2,471+10.6%

Participant deferral / active EE

$2,666

$2,780-4.1%

$7,108-62.5%

$3,740-28.7%

Admin fee / account holder

$332

$4,428-92.5%

$5,159-93.6%

$5,306-93.7%

PREMIER PERFORMANCE INTERIORS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER PERFORMANCE INTERIORS, INC. 401(K) 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