Retirement plan

PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST

Name: PACIFIC PRODUCTION PLUMBING - PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: PACIFIC PRODUCTION PLUMBING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST, PACIFIC PRODUCTION PLUMBING

PACIFIC PRODUCTION PLUMBINGEIN 71-0876006Plan #001PY 2018

1584 PIONEER WAY - EL CAJON, CA 92020951-509-3134pacificproduction.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$4.6M

+0.3% from 2017

Total participants

277

-17.1% from 2017

Average account balance

$19,652

+24.9% from 2017

Annual return

-3.90%

-17.73 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.11M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

261

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.

81.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$547K

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

+11.45%

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
PAYCHEX, INC.4+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$14,527
LEVELIZED COMPENSATION ADVISOR1 year Service code 15	Recordkeeping	$10,108

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$25K

$114 / participant

Investment mgmt$10K39.9%
Contract admin$15K60.1%

% of EOY assets

0.546%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DUFFY, KRUSPODIN & CO. LLP
Auditor EIN: 954244393
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,652

$55,449-64.6%

$83,830-76.6%

$56,287-65.1%

Participation rate

81.5%

68.0%+13.5pp

76.1%+5.4pp

69.9%+11.7pp

Annual return

-3.90%

-1.38%-2.5pp

850.97%-854.9pp

-9.96%+6.1pp

Employer contribution / active EE

$1,280

$2,430-47.3%

$3,631-64.7%

$2,111-39.3%

Participant deferral / active EE

$822

$2,935-72.0%

$4,082-79.9%

$3,350-75.5%

Admin fee / account holder

$107

$656-83.6%

$5,479-98.0%

$521-79.4%

Provider

Service type

Compensation

PAYCHEX, INC.4+ years

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$14,527

LEVELIZED COMPENSATION ADVISOR1 year

Service code 15

Recordkeeping

$10,108

PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST

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