Retirement plan

PIONEER FARM EQUIPMENT CO.401K PROFIT SHARING PLAN

Name: PIONEER FARM EQUIPMENT CO. - PIONEER FARM EQUIPMENT CO.401K PROFIT SHARING PLAN (2017) Form 5500
Creator: PIONEER FARM EQUIPMENT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIONEER FARM EQUIPMENT CO.401K PROFIT SHARING PLAN, PIONEER FARM EQUIPMENT CO.

PIONEER FARM EQUIPMENT CO.EIN 77-0388589Plan #001PY 2017

P.O. BOX 12406 - FRESNO, CA 937772406559-253-0526pioneerfarmequipment.comLinkedIn1-10 employeesbusiness supplies and equipment

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.1M

+14.2% from 2016

Total participants

186

-4.1% from 2016

Average account balance

$53,574

+18.0% from 2016

Annual return

14.75%

+8.30 pp from 2016

Benchmarks

See 420 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort420 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.34M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

284.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23308

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

Top 2 by compensation

Provider	Service type	Compensation
FIRST MERCANTILE TRUST COMPANY3+ years Filed as: FIRST MERCANTILE TRUST CO. Service code 15 · EIN 68-0279977 57 GERMANTOWN COURT · CORDOVA, TN 38018	Recordkeeping	$960
GLOBAL RETIREMENT PARTNERS LLC3+ years Filed as: GLOBAL RETIREMENT PARTNERS Service code 28 4340 REDWOOD HWY · SAN RAFAEL, CA 94093	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DEMERA, DEMERA CAMERON
Auditor EIN: 942504253
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,574

$47,448+12.9%

$94,993-43.6%

$62,293-14.0%

Participation rate

73.7%

66.5%+7.2pp

73.9%-0.2pp

69.5%+4.2pp

Annual return

14.75%

22.64%-7.9pp

27.14%-12.4pp

28.90%-14.1pp

Employer contribution / active EE

$718

$1,300-44.8%

$2,603-72.4%

$2,042-64.8%

Participant deferral / active EE

$2,321

$2,375-2.3%

$3,317-30.0%

$3,169-26.8%

Admin fee / account holder

$434-100.0%

$4,960-100.0%

$479-100.0%

Provider

Service type

Compensation

FIRST MERCANTILE TRUST COMPANY3+ years

Filed as: FIRST MERCANTILE TRUST CO.

Service code 15 · EIN 68-0279977

57 GERMANTOWN COURT · CORDOVA, TN 38018

Recordkeeping

$960

GLOBAL RETIREMENT PARTNERS LLC3+ years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 28

4340 REDWOOD HWY · SAN RAFAEL, CA 94093

Investment Management

PIONEER FARM EQUIPMENT CO.401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PIONEER FARM EQUIPMENT CO.401K 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