Retirement plan

PACIFIC TRANSFER LLC PROFIT SHARING PLAN

Name: PACIFIC TRANSFER LLC - PACIFIC TRANSFER LLC PROFIT SHARING PLAN (2024) Form 5500
Creator: PACIFIC TRANSFER LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC TRANSFER LLC PROFIT SHARING PLAN, PACIFIC TRANSFER LLC

PACIFIC TRANSFER LLCEIN 80-0668703Plan #001PY 2024

664 KAKOI ST. - HONOLULU, HI 96819808-838-4953pacifictransfer.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.8M

+8.9% from 2023

Total participants

112

+0.9% from 2023

Average account balance

$147,601

+17.6% from 2023

Annual return

13.24%

-4.54 pp from 2023

Benchmarks

See 4,585 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,585 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.76M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

100

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.

86.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$657K

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

+13.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$631

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 5 by compensation

Provider	Service type	Compensation
PIMCO FUNDS4 years Filed as: MOSAIC PACIFIC INVESTMENT ADVISORS Service code 27 · EIN 46-3499420	Advisory (Plan)	$39,065
EPIC RETIREMENT PLAN SERVICES1 year Service code 15 · EIN 16-1450952	Recordkeeping	$9,659
RIVERSEDGE ADV. RET. SOLUTIONS, LLC10+ years Filed as: RIVERSEDGE ADV RET SOLUTIONS, LLC Service code 15 · EIN 27-1155910	Recordkeeping	$9,178
CW ASSOCIATES10+ years Service code 10 · EIN 26-1659234	Accounting	$5,235
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO., INC Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

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

$63K

$694 / participant

Recordkeeping$8K13.5%
Investment mgmt$49K78.2%
Other / not subdivided$5K8.3%

% of EOY assets

0.428%

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: CW ASSOCIATES
Auditor EIN: 261659234
Audit fees: $5,235
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,601

$55,902+164.0%

$76,030+94.1%

$80,959+82.3%

Participation rate

86.8%

62.1%+24.7pp

69.1%+17.8pp

67.7%+19.1pp

Annual return

13.24%

20.59%-7.4pp

361.54%-348.3pp

35.67%-22.4pp

Employer contribution / active EE

$1,648

$1,867-11.7%

$2,688-38.7%

$2,757-40.2%

Participant deferral / active EE

$5,573

$3,051+82.7%

$4,257+30.9%

$4,300+29.6%

Admin fee / account holder

$631

$5,239-87.9%

$6,421-90.2%

$6,925-90.9%

Provider

Service type

Compensation

PIMCO FUNDS4 years

Filed as: MOSAIC PACIFIC INVESTMENT ADVISORS

Service code 27 · EIN 46-3499420

Advisory (Plan)

$39,065

EPIC RETIREMENT PLAN SERVICES1 year

Service code 15 · EIN 16-1450952

Recordkeeping

$9,659

RIVERSEDGE ADV. RET. SOLUTIONS, LLC10+ years

Filed as: RIVERSEDGE ADV RET SOLUTIONS, LLC

Service code 15 · EIN 27-1155910

Recordkeeping

$9,178

CW ASSOCIATES10+ years

Service code 10 · EIN 26-1659234

Accounting

$5,235

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO., INC

Service code 59 · EIN 94-1737782

Shareholder Servicing

PACIFIC TRANSFER LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC TRANSFER LLC 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