Retirement plan

PACSEAL INC. 401 (K) PROFIT SHARING PLAN

Name: PACSEAL, INC. - PACSEAL INC. 401 (K) PROFIT SHARING PLAN (2018) Form 5500
Creator: PACSEAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACSEAL INC. 401 (K) PROFIT SHARING PLAN, PACSEAL, INC.

PACSEAL, INC.EIN 76-0303363Plan #002PY 2018

561 TAMARACK AVENUE - BREA, CA 92821714-529-9495pacsealhydraulics.comLinkedIn11-50 employeesoil & energy

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

-1.8% from 2017

Total participants

+16.7% from 2017

Average account balance

$120,950

-9.3% from 2017

Annual return

-4.00%

-22.94 pp from 2017

Benchmarks

See 8,254 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,254 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.10M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3571

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 codes2E2J2T3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$120,950

$99,032+22.1%

$80,022+51.1%

$135,380-10.7%

Participation rate

87.5%

78.4%+9.1pp

75.8%+11.7pp

82.6%+4.9pp

Annual return

-4.00%

15.39%-19.4pp

11.22%-15.2pp

519.81%-523.8pp

Employer contribution / active EE

$3,043-100.0%

$2,468-100.0%

$4,779-100.0%

Participant deferral / active EE

$4,453

$4,282+4.0%

$3,686+20.8%

$5,609-20.6%

Admin fee / account holder

$10,436-100.0%

$6,521-100.0%

$10,828-100.0%

PACSEAL INC. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PACSEAL INC. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion