Retirement plan

AMERICAN PRODUCTIVITY AND QUALITY CENTER RETIREMENT PLAN

Name: AMERICAN PRODUCTIVITY AND QUALITY CENTER INC. - AMERICAN PRODUCTIVITY AND QUALITY CENTER RETIREMENT PLAN (2020) Form 5500
Creator: AMERICAN PRODUCTIVITY AND QUALITY CENTER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN PRODUCTIVITY AND QUALITY CENTER RETIREMENT PLAN, AMERICAN PRODUCTIVITY AND QUALITY CENTER INC.

AMERICAN PRODUCTIVITY AND QUALITY CENTER INC.EIN 74-2094629Plan #001PY 2020

123 NORTH POST OAK LANE 3RD FLOOR - HOUSTON, TX 77024713-685-7254

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.6M

+15.0% from 2019

Total participants

-1.1% from 2019

Average account balance

$141,692

+16.3% from 2019

Annual return

14.70%

-12.61 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.28M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

131.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$888K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31922

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 codes2F2G2L2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$620K

$9693 / participant

Other / not subdivided$620K100.0%

% of EOY assets

4.919%

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

$141,692

$98,776+43.4%

$149,745-5.4%

$79,856+77.4%

Participation rate

92.2%

75.8%+16.4pp

82.5%+9.7pp

69.6%+22.5pp

Annual return

14.70%

27.38%-12.7pp

276.72%-262.0pp

31.71%-17.0pp

Employer contribution / active EE

$2,894

$3,217-10.0%

$4,646-37.7%

$2,471+17.1%

Participant deferral / active EE

$6,574

$5,681+15.7%

$6,843-3.9%

$3,741+75.8%

Admin fee / account holder

$6,970

$6,053+15.2%

$9,312-25.1%

$5,306+31.3%

AMERICAN PRODUCTIVITY AND QUALITY CENTER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN PRODUCTIVITY AND QUALITY CENTER RETIREMENT 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