Retirement plan

PORTFOLIO 401(K) PROFIT SHARING PLAN

Name: PORTFOLIO GENERAL MANAGEMENT GROUP, INC. - PORTFOLIO 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: PORTFOLIO GENERAL MANAGEMENT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORTFOLIO 401(K) PROFIT SHARING PLAN, PORTFOLIO GENERAL MANAGEMENT GROUP, INC.

PORTFOLIO GENERAL MANAGEMENT GROUP, INC.EIN 80-0065794Plan #001PY 2020

25541 COMMERCENTRE DR., SUITE 100 - LAKE FOREST, CA 926308897949-789-6200LinkedIn1-10 employeesinvestment management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+19.7% from 2019

Total participants

145

+2.1% from 2019

Average account balance

$71,121

+18.9% from 2019

Annual return

16.69%

-8.91 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.21M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

501

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.01M

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

+15.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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

1 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
CAPITAL FINANCIAL CONSULTANTS1 year Service code 26 · EIN 82-0926397 31461 RANCHO VIEJO RD, SUITE 104 · SAN JUAN CAPISTRANO, CA 92675	Advisory (Participants)	$16,673
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201	Recordkeeping	$672

Plan features & details

Pension benefit codes2E2F2G2J2K3H

Plan features

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

$50K

$390 / participant

Investment mgmt$17K33.4%
Contract admin$2K4.5%
Other / not subdivided$31K62.1%

% of EOY assets

0.490%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LYNN JANZEN, CPA
Auditor EIN: 851049843
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,121

$99,957-28.8%

$149,730-52.5%

$73,493-3.2%

Participation rate

98.4%

75.7%+22.7pp

82.5%+16.0pp

70.7%+27.8pp

Annual return

16.69%

53.87%-37.2pp

276.70%-260.0pp

28.51%-11.8pp

Employer contribution / active EE

$1,824

$3,191-42.8%

$4,645-60.7%

$2,270-19.7%

Participant deferral / active EE

$3,615

$6,073-40.5%

$6,843-47.2%

$3,740-3.3%

Admin fee / account holder

$349

$551-36.7%

$9,310-96.3%

$513-32.0%

Provider

Service type

Compensation

CAPITAL FINANCIAL CONSULTANTS1 year

Service code 26 · EIN 82-0926397

31461 RANCHO VIEJO RD, SUITE 104 · SAN JUAN CAPISTRANO, CA 92675

Advisory (Participants)

$16,673

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 14201

Recordkeeping

$672

PORTFOLIO 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PORTFOLIO 401(K) 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