Retirement plan

PRATT & DAUBNER ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: PRATT & DAUBNER ASSOCIATES, INC. - PRATT & DAUBNER ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: PRATT & DAUBNER ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRATT & DAUBNER ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN & TRUST, PRATT & DAUBNER ASSOCIATES, INC.

PRATT & DAUBNER ASSOCIATES, INC.EIN 76-0187337Plan #001PY 2021

P.O. BOX 912 - HOUSTON, TX 770010912713-926-9623

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-47.6% from 2020

Total participants

-6.7% from 2020

Average account balance

$119,016

-43.5% from 2020

Annual return

9.77%

-6.80 pp from 2020

Benchmarks

See 21,787 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,787 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$163K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+19.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$1.7M

$145610 / participant

Other / not subdivided$2M100.0%

% of EOY assets

112.934%

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

$119,016

$124,346-4.3%

$111,308+6.9%

$167,536-29.0%

Participation rate

91.7%

79.6%+12.0pp

77.3%+14.3pp

82.1%+9.6pp

Annual return

9.77%

37.45%-27.7pp

54.67%-44.9pp

478.82%-469.0pp

Employer contribution / active EE

$3,437-100.0%

$2,732-100.0%

$4,839-100.0%

Participant deferral / active EE

$4,619

$5,182-10.9%

$4,487+2.9%

$6,342-27.2%

Admin fee / account holder

$134,409

$10,621+1165.5%

$7,965+1587.5%

$12,315+991.5%

PRATT & DAUBNER ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRATT & DAUBNER ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN & 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