Retirement plan

PRIEFERT MANUFACTURING CO., INC. 401(K) RETIREMENT TRUST

Name: PRIEFERT MANUFACTURING COMPANY, INC - PRIEFERT MANUFACTURING CO., INC. 401(K) RETIREMENT TRUST (2024) Form 5500
Creator: PRIEFERT MANUFACTURING COMPANY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIEFERT MANUFACTURING CO., INC. 401(K) RETIREMENT TRUST, PRIEFERT MANUFACTURING COMPANY, INC

PRIEFERT MANUFACTURING COMPANY, INCEIN 75-1236931Plan #001PY 2024

P.O. BOX 1540 - MT. PLEASANT, TX 754561540903-572-1741

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$36M

+15.0% from 2023

Total participants

1,347

+14.6% from 2023

Average account balance

$28,159

+0.9% from 2023

Annual return

14.56%

+0.07 pp from 2023

Benchmarks

See 2,380 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,380 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.96M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

1,277

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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
GERALD WESBECKER10+ years Filed as: GERALD BAKER Service code 27 · EIN 75-2527967	Advisory (Plan)	$17,630
CHARLES SCHWAB & CO., INC.6 years Filed as: CHARLES SCHWAB Service code 28 · EIN 94-1737782	Investment Management	$4

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$90K

$94 / participant

Recordkeeping$79K87.4%
Other / not subdivided$11K12.6%

% of EOY assets

0.251%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HENRY & PETERS, PC
Auditor EIN: 751503978
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,159

$89,093-68.4%

$102,434-72.5%

$77,736-63.8%

Participation rate

92.7%

80.9%+11.8pp

76.5%+16.2pp

70.6%+22.2pp

Annual return

14.56%

25.03%-10.5pp

29.46%-14.9pp

31.26%-16.7pp

Employer contribution / active EE

$1,199

$2,699-55.6%

$3,023-60.4%

$2,728-56.1%

Participant deferral / active EE

$2,830

$5,147-45.0%

$5,055-44.0%

$4,651-39.1%

Admin fee / account holder

$71

$236-70.0%

$9,462-99.3%

$433-83.7%

Provider

Service type

Compensation

GERALD WESBECKER10+ years

Filed as: GERALD BAKER

Service code 27 · EIN 75-2527967

Advisory (Plan)

$17,630

CHARLES SCHWAB & CO., INC.6 years

Filed as: CHARLES SCHWAB

Service code 28 · EIN 94-1737782

Investment Management

PRIEFERT MANUFACTURING CO., INC. 401(K) RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIEFERT MANUFACTURING CO., INC. 401(K) RETIREMENT 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