Retirement plan

PRESCOTT & PRESCOTT, INC. PROFIT SHARING 401(K) PLAN

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

PRESCOTT & PRESCOTT, INC.EIN 83-0356729Plan #001PY 2020

400 W 1ST STREET - TUSTIN, CA 927803003714-730-5200LinkedIn1-10 employeeslegal services

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$364K

+14.5% from 2019

Total participants

-11.1% from 2019

Average account balance

$45,443

+0.2% from 2019

Annual return

9.64%

-4.17 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$556K

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1475

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 codes2E2J3D

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$858

$143 / participant

Other / not subdivided$858100.0%

% of EOY assets

0.236%

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

$45,443

$165,399-72.5%

$149,745-69.7%

$158,982-71.4%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

9.64%

348.34%-338.7pp

276.72%-267.1pp

302.99%-293.3pp

Employer contribution / active EE

$1,894

$5,105-62.9%

$4,646-59.2%

$4,763-60.2%

Participant deferral / active EE

$667

$7,183-90.7%

$6,843-90.3%

$5,983-88.9%

Admin fee / account holder

$107

$10,811-99.0%

$9,312-98.8%

$11,252-99.0%

PRESCOTT & PRESCOTT, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESCOTT & PRESCOTT, INC. PROFIT SHARING 401(K) 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