Retirement plan

PETROLEUM SERVICE GROUP 401(K) PLAN

Name: PETROLEUM SERVICE GROUP LLC - PETROLEUM SERVICE GROUP 401(K) PLAN (2019) Form 5500
Creator: PETROLEUM SERVICE GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETROLEUM SERVICE GROUP 401(K) PLAN, PETROLEUM SERVICE GROUP LLC

PETROLEUM SERVICE GROUP LLCEIN 83-4157485Plan #003PY 2019

6700 JEFFERSON HIGHWAY, BUILDING 8 - BATON ROUGE, LA 70806225-343-8262pscgroup.comLinkedIn1001-5000 employeeschemicals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$144.1M

No prior year

Total participants

3,736

No prior year

Average account balance

$40,694

No prior year

Annual return

23.59%

No prior year

Benchmarks

See 239 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort239 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$219.63M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

5,363

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$92

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 3 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$57,570
LOCKTON INVESTMENT ADVISORS, LLC1+ years Filed as: LOCKTON INVESTMENT ADVISORS LLC Service code 27 PO BOX 219153 · KANSAS CITY, MO 64187	Advisory (Plan)	$22,137
HAWTHORN, WAYMOUTH & CARROLL, LLP1+ years Filed as: HAWTHORN, WAYMOUTH & CARROLL LLP Service code 10 8545 UNITED PLAZA BLVD · BATON ROUGE, LA 70809	Accounting	$10,500

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$90K

$28 / participant

Investment mgmt$22K24.5%
Other / not subdivided$68K75.5%

% of EOY assets

0.063%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: HAWTHORN, WAYMOUTH &CARROL, L.L.P
Auditor EIN: 720464428
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,694

$67,598-39.8%

$75,900-46.4%

$77,775-47.7%

Participation rate

94.0%

69.6%+24.5pp

69.3%+24.7pp

73.2%+20.8pp

Annual return

23.59%

23.18%+0.4pp

30.73%-7.1pp

32.58%-9.0pp

Employer contribution / active EE

$2,090

$2,430-14.0%

$2,501-16.5%

$2,504-16.5%

Participant deferral / active EE

$3,649

$3,502+4.2%

$3,604+1.3%

$3,966-8.0%

Admin fee / account holder

$25

$96-73.6%

$5,421-99.5%

$100-74.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$57,570

LOCKTON INVESTMENT ADVISORS, LLC1+ years

Filed as: LOCKTON INVESTMENT ADVISORS LLC

Service code 27

PO BOX 219153 · KANSAS CITY, MO 64187

Advisory (Plan)

$22,137

HAWTHORN, WAYMOUTH & CARROLL, LLP1+ years

Filed as: HAWTHORN, WAYMOUTH & CARROLL LLP

Service code 10

8545 UNITED PLAZA BLVD · BATON ROUGE, LA 70809

Accounting

$10,500

PETROLEUM SERVICE GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETROLEUM SERVICE GROUP 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