Retirement plan

TARNIK INC., DBA PDA 401(K) PLAN

Name: TARNIK INC., DBA PDA - TARNIK INC., DBA PDA 401(K) PLAN (2018) Form 5500
Creator: TARNIK INC., DBA PDA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARNIK INC., DBA PDA 401(K) PLAN, TARNIK INC., DBA PDA

TARNIK INC., DBA PDAEIN 73-1703571Plan #001PY 2018

24730 AVE ROCKEFELLER - VALENCIA, CA 91355661-607-0600

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$576K

+21.2% from 2017

Total participants

-4.0% from 2017

Average account balance

$31,998

+21.2% from 2017

Annual return

-2.96%

-14.20 pp from 2017

Benchmarks

See 31,466 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,466 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

62.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8052

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 codes2E2G2J2T3D

Plan features

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.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$197 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.685%

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

$31,998

$160,059-80.0%

$140,019-77.1%

$135,380-76.4%

Participation rate

70.0%

88.5%-18.5pp

87.5%-17.5pp

82.6%-12.6pp

Annual return

-2.96%

911.48%-914.4pp

651.17%-654.1pp

519.81%-522.8pp

Employer contribution / active EE

$2,119

$6,420-67.0%

$5,605-62.2%

$4,779-55.7%

Participant deferral / active EE

$3,788

$7,641-50.4%

$6,927-45.3%

$5,609-32.5%

Admin fee / account holder

$219

$13,328-98.4%

$10,705-98.0%

$10,828-98.0%

TARNIK INC., DBA PDA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TARNIK INC., DBA PDA 401(K) 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