Retirement plan

PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. 403(B) PLAN

Name: PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. - PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. 403(B) PLAN (2023) Form 5500
Creator: PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. 403(B) PLAN, PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC.

PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC.EIN 68-0051829Plan #001PY 2023

1521 I STREET - SACRAMENTO, CA 95814916-441-1064papaseminars.comLinkedIn1-10 employeesprofessional training & coaching

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$353K

-16.8% from 2022

Total participants

-12.5% from 2022

Average account balance

$58,764

-16.8% from 2022

Annual return

16.18%

+30.85 pp from 2022

Benchmarks

See 18,470 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,470 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$319K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18435

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 codes2F2G2L2M2T3D

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$158K

$39459 / participant

Other / not subdivided$158K100.0%

% of EOY assets

44.766%

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

$58,764

$96,419-39.1%

$80,648-27.1%

$139,487-57.9%

Participation rate

75.0%

73.6%+1.4pp

67.0%+8.0pp

80.3%-5.3pp

Annual return

16.18%

1352.86%-1336.7pp

937.21%-921.0pp

373.84%-357.7pp

Employer contribution / active EE

$1,721

$3,261-47.2%

$2,724-36.8%

$4,755-63.8%

Participant deferral / active EE

$2,810

$5,225-46.2%

$4,443-36.8%

$6,713-58.1%

Admin fee / account holder

$26,306

$6,605+298.3%

$5,382+388.8%

$11,407+130.6%

PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PESTICIDE APPLICATORS PROFESSIONAL ASSOCIATION, INC. 403(B) 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