Retirement plan

PROCESS DISTRIBUTION GROUP 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

Name: PROCESS DISTRIBUTION GROUP - PROCESS DISTRIBUTION GROUP 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: PROCESS DISTRIBUTION GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROCESS DISTRIBUTION GROUP 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN, PROCESS DISTRIBUTION GROUP

PROCESS DISTRIBUTION GROUPEIN 71-1043927Plan #005PY 2021

5225 HELLYER AVE, SUITE 250 - SAN JOSE, CA 95138408-328-2740LinkedIn201-500 employeescomputer software

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$64.4M

+24.7% from 2020

Total participants

365

-1.9% from 2020

Average account balance

$176,488

+27.1% from 2020

Annual return

30.41%

-23.59 pp from 2020

Benchmarks

See 2,249 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,249 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.51M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

356

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
NFP RETIREMENT INC2 years Service code 27 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689	Advisory (Plan)	$41,516
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 · EIN 84-0467907 8515 EAT ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,342

Plan features & details

Pension benefit codes2E2H2J2K2O2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$57K

$398 / participant

Investment mgmt$53K93.5%
Contract admin$4K6.5%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$176,488

$93,182+89.4%

$146,647+20.3%

$79,389+122.3%

Participation rate

100.0%

76.4%+23.6pp

80.1%+19.9pp

70.7%+29.3pp

Annual return

30.41%

21.61%+8.8pp

22.75%+7.7pp

116.89%-86.5pp

Employer contribution / active EE

$35

$2,420-98.6%

$4,137-99.2%

$2,428-98.6%

Participant deferral / active EE

$5,651

$4,169+35.6%

$5,506+2.6%

$4,046+39.7%

Admin fee / account holder

$155

$585-73.5%

$10,281-98.5%

$626-75.3%

Provider

Service type

Compensation

NFP RETIREMENT INC2 years

Service code 27

120 VANTIS STE 400 · ALISO VIEJO, CA 926562689

Advisory (Plan)

$41,516

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64 · EIN 84-0467907

8515 EAT ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,342

PROCESS DISTRIBUTION GROUP 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROCESS DISTRIBUTION GROUP 401(K) & EMPLOYEE STOCK OWNERSHIP 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