Retirement plan

ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN

Name: ARGUIJO OILFIELD SERVICES - ARGUIJO OILFIELD SERVICES PROFIT SHARING PLAN (2018) 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 2018

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)

$2.5M

-6.4% from 2017

Total participants

-11.7% from 2017

Average account balance

$27,022

+5.9% from 2017

Annual return

-5.72%

-18.30 pp from 2017

Benchmarks

See 828 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort828 peers

Snapshot2018

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

$514K

$7784 / participant

Other / not subdivided$514K100.0%

% of EOY assets

20.894%

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

$27,022

$72,388-62.7%

$111,392-75.7%

$64,173-57.9%

Participation rate

100.0%

70.5%+29.5pp

78.9%+21.1pp

69.6%+30.4pp

Annual return

-5.72%

-1.50%-4.2pp

-2.06%-3.7pp

7.63%-13.4pp

Employer contribution / active EE

$5,211

$3,000+73.7%

$4,328+20.4%

$2,381+118.9%

Participant deferral / active EE

$2,024

$4,241-52.3%

$5,567-63.6%

$3,470-41.7%

Admin fee / account holder

$5,646

$5,719-1.3%

$12,266-54.0%

$4,887+15.5%

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