Retirement plan

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

Name: PACIFIC PRODUCTION PLUMBING - PACIFIC PRODUCTION PLUMBING 401(K) PROFIT SHARING PLAN & TRUST (2019) 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 2019

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)

$5.9M

+28.2% from 2018

Total participants

275

-0.7% from 2018

Average account balance

$24,164

+23.0% from 2018

Annual return

19.20%

+23.11 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
LEVELIZED COMPENSATION ADVISOR2 years Service code 15	Recordkeeping	$12,079
PAYCHEX, INC.5+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$10,306

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

$24K

$106 / participant

Investment mgmt$12K51.6%
Contract admin$11K48.4%

% of EOY assets

0.399%

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, LLP
Auditor EIN: 954244393
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,164

$63,114-61.7%

$92,909-74.0%

$65,185-62.9%

Participation rate

87.0%

68.8%+18.2pp

76.0%+11.0pp

70.2%+16.8pp

Annual return

19.20%

28.75%-9.5pp

109.44%-90.2pp

29.38%-10.2pp

Employer contribution / active EE

$1,345

$2,571-47.7%

$3,653-63.2%

$2,177-38.2%

Participant deferral / active EE

$1,078

$3,108-65.3%

$4,238-74.6%

$3,514-69.3%

Admin fee / account holder

$97

$624-84.5%

$5,795-98.3%

$847-88.6%

Provider

Service type

Compensation

LEVELIZED COMPENSATION ADVISOR2 years

Service code 15

Recordkeeping

$12,079

PAYCHEX, INC.5+ years

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$10,306

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