Retirement plan

THE PROFIT SHARING RETIREMENT PLAN OF THE PROCTER & GAMBLE COMMERCIAL COMPANY

Name: PROCTER & GAMBLE COMMERCIAL LLC - THE PROFIT SHARING RETIREMENT PLAN OF THE PROCTER & GAMBLE COMMERCIAL COMPANY (2020) Form 5500
Creator: PROCTER & GAMBLE COMMERCIAL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PROFIT SHARING RETIREMENT PLAN OF THE PROCTER & GAMBLE COMMERCIAL COMPANY, PROCTER & GAMBLE COMMERCIAL LLC

PROCTER & GAMBLE COMMERCIAL LLCEIN 66-0676831Plan #001PY 2020

P.O. BOX 599 - CINCINNATI, OH 45201513-983-7777LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

2 filings

#002Retirement-$47.7M assets #003Retirement-$9.9M assets

Prospect flagsLow returnsWind-down / frozen

How to read this page

Total assets (EOY)

$76.4M

+4.5% from 2019

Total participants

530

-4.2% from 2019

Average account balance

$145,816

+9.5% from 2019

Annual return

6.78%

-10.59 pp from 2019

Benchmarks

See 5,720 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,720 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$96.26M

Not enough data

1 years with asset history on file

Average account balance

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

$214K

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.

450

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.

47.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$672K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+6.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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
ALIGHT SOLUTIONS LLC3 years Service code 15 · EIN 82-1061233	Recordkeeping	$19,070
NORTHERN TRUST COMPANY5+ years Service code 19 · EIN 36-1561860	Securities Custodian	$9,827

Plan features & details

Pension benefit codes2A2E2G2T3H3J

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$29K

$688 / participant

Contract admin$19K66.0%
Other / not subdivided$10K34.0%

% of EOY assets

0.038%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DELOITTE & TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$145,816

$81,208+79.6%

$98,920+47.4%

$79,852+82.6%

Participation rate

85.7%

72.5%+13.2pp

76.0%+9.7pp

69.6%+16.1pp

Annual return

6.78%

60.99%-54.2pp

196.47%-189.7pp

31.72%-24.9pp

Employer contribution / active EE

$13,877

$1,960+608.1%

$2,689+416.0%

$2,471+461.6%

Participant deferral / active EE

$3,265-100.0%

$4,245-100.0%

$3,740-100.0%

Admin fee / account holder

$55

$6,013-99.1%

$6,643-99.2%

$5,306-99.0%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC3 years

Service code 15 · EIN 82-1061233

Recordkeeping

$19,070

NORTHERN TRUST COMPANY5+ years

Service code 19 · EIN 36-1561860

Securities Custodian

$9,827

THE PROFIT SHARING RETIREMENT PLAN OF THE PROCTER & GAMBLE COMMERCIAL COMPANY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PROFIT SHARING RETIREMENT PLAN OF THE PROCTER & GAMBLE COMMERCIAL COMPANY

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