Retirement plan

ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN

Name: ARGUIJO OILFIELD SERVICES - ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN (2017) Form 5500
Creator: ARGUIJO OILFIELD SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN, ARGUIJO OILFIELD SERVICES

ARGUIJO OILFIELD SERVICESEIN 75-1561172Plan #002PY 2017

2800 W. 42ND. ST. - ODESSA, TX 79764432-550-5650

Other plans on this EIN

1 filing

#001Retirement-$2.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+16.4% from 2016

Total participants

103

+3.0% from 2016

Average account balance

$25,508

+13.0% from 2016

Annual return

12.58%

+4.35 pp from 2016

Benchmarks

See 849 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort849 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.17M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

68.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$417K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2678

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 codes2E2J3D

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.
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

$400K

$6554 / participant

Other / not subdivided$400K100.0%

% of EOY assets

15.216%

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

$25,508

$79,557-67.9%

$118,746-78.5%

$70,126-63.6%

Participation rate

100.0%

71.4%+28.6pp

78.3%+21.7pp

69.5%+30.5pp

Annual return

12.58%

25.64%-13.1pp

24.54%-12.0pp

73.15%-60.6pp

Employer contribution / active EE

$5,578

$2,861+95.0%

$4,193+33.0%

$2,343+138.1%

Participant deferral / active EE

$2,112

$4,089-48.3%

$5,332-60.4%

$3,332-36.6%

Admin fee / account holder

$3,881

$5,374-27.8%

$10,720-63.8%

$4,645-16.5%

ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARGUIJO OILFIELD SERVICES PROFIT SHARING 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