Retirement plan

PACE FAMILY PHARMACY ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST

Name: PACE FAMILY PHARMACY ENTERPRISES - PACE FAMILY PHARMACY ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: PACE FAMILY PHARMACY ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACE FAMILY PHARMACY ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST, PACE FAMILY PHARMACY ENTERPRISES

PACE FAMILY PHARMACY ENTERPRISESEIN 83-0671883Plan #001PY 2022

148 W CHURCH ST. - LEXINGTON, TN 38351731-968-4201LinkedIn11-50 employees

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

-11.9% from 2021

Total participants

+13.2% from 2021

Average account balance

$27,188

-22.2% from 2021

Annual return

-16.63%

-27.95 pp from 2021

Benchmarks

See 9,444 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,444 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.32M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

183.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$483

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

+9.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4570

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 codes2E2F2G2J2T3D

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.
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

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

$12K

$399 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.024%

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

$27,188

$59,819-54.5%

$79,583-65.8%

$68,490-60.3%

Participation rate

100.0%

61.1%+38.9pp

69.5%+30.5pp

67.9%+32.1pp

Annual return

-16.63%

-12.30%-4.3pp

0.16%-16.8pp

-7.85%-8.8pp

Employer contribution / active EE

$1,004

$1,505-33.3%

$2,414-58.4%

$2,597-61.3%

Participant deferral / active EE

$1,163

$3,025-61.6%

$3,986-70.8%

$4,028-71.1%

Admin fee / account holder

$278

$4,835-94.2%

$6,835-95.9%

$5,403-94.8%

PACE FAMILY PHARMACY ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACE FAMILY PHARMACY ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST

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