Retirement plan

PETE'S EQUIPMENT REPAIR INC 401K PSP

Name: PETE'S EQUIPMENT REPAIR INC. 401K PSP - PETE'S EQUIPMENT REPAIR INC 401K PSP (2018) Form 5500
Creator: PETE'S EQUIPMENT REPAIR INC. 401K PSP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETE'S EQUIPMENT REPAIR INC 401K PSP, PETE'S EQUIPMENT REPAIR INC. 401K PSP

PETE'S EQUIPMENT REPAIR INC. 401K PSPEIN 85-0346200Plan #002PY 2018

1400 BROADWAY NE - ALBUQUERQUE, NM 87102505-242-6969

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$493K

-7.2% from 2017

Total participants

+10.0% from 2017

Average account balance

$44,831

-15.6% from 2017

Annual return

9.32%

-4.31 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$114K

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

-71.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$126K

$11479 / participant

Other / not subdivided$126K100.0%

% of EOY assets

25.605%

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

$44,831

$90,607-50.5%

$79,467-43.6%

$135,380-66.9%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

9.32%

977.74%-968.4pp

718.30%-709.0pp

519.81%-510.5pp

Employer contribution / active EE

$1,235

$3,068-59.7%

$2,800-55.9%

$4,779-74.1%

Participant deferral / active EE

$2,262

$4,050-44.1%

$3,704-38.9%

$5,609-59.7%

Admin fee / account holder

$11,479

$5,895+94.7%

$5,104+124.9%

$10,828+6.0%

PETE'S EQUIPMENT REPAIR INC 401K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETE'S EQUIPMENT REPAIR INC 401K PSP

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